Blockchain projects make renewable energy possible
Many things have been written about Bitcoin’s impact on carbon emissions. There has not been much written about blockchain’s potential to improve the efficiency and transparency of renewable energy supply and demand management. Blockchain is not a danger to the earth. It will play an important role in helping us achieve a net zero carbon emissions economy.
This is only a few decades in the future. You’re sitting down on your couch, sipping a cup of coffee as you load the washer. It’s turned on, but the Internet of Things enabled machine will check prices to determine if it can run. Tesla (NASDAQ): The Tesla outside is charged and you don’t plan to drive any further than your local supermarket. However, the Tesla battery can be used to store energy or to deposit tokens to your energy wallet.
The power grid can be made greener by using blockchain technology.
DER!
An example of a solar panel microgrid installed on a South African building. Source: The Sun Exchange
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Distro Port Rotterdam
Rotterdam Port. Supplied.
Power Ledger
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Justin Sun is not involved
MyCarbon Phone App. Source: ECO2 LedgerEZ Blockchains Mobile Bitcoin Mining Center in Operation at a Power Plant Source: EZ Blockchain
A flare for flares
The final step is to put the pieces together
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Blockchain projects make renewable energy possible