The blockchain projects that make sustainable energy a reality
Much has been said about Bitcoin’s carbon footprint. Much less has been said about blockchain’s potential to increase the efficiency of renewables by transparently managing supply and demand. Blockchain does not pose a threat to the planet, it will play a vital role in creating a zero-carbon economy.
It’s a few years in the future: you’re sitting on your couch and drinking a nice coffee after you load the washing machine. You turned it on, but of course the Internet of Things machine checks prices and starts spinning when it reaches a cheap electricity window. The Tesla (NASDAQ:) outside in the drive is fully charged, you have no plans to go beyond the supermarket today, so the battery is available to sell its energy back to the grid and deposit tokens in your energy wallet when the electricity grid needs power.
Blockchain is an essential part of making the electricity grid green.
Well, DER
A solar panel microgrid on a building in South Africa. Source: The Sun Exchange
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Distro Port of Rotterdam
The port of Rotterdam. delivered.
Ledger of power
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Justin Sun not involved
MyCarbon phone app. Source: ECO2 LedgerEZ Blockchains mobile bitcoin mining center in operation at a power plant. Source: EZ Blockchain
A burst for flare-ups
Putting the pieces together
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This post The Blockchain Projects Making Renewable Energy a Reality By Cointelegraph
was original published at “https://www.investing.com/news/cryptocurrency-news/the-blockchain-projects-making-renewable-energy-a-reality-2787957”
