: : [Opinion] "Crypto is good (for the Earth)" - Decentralized Energy Network
Written by @G_Gyeomm
The recently emerging Decentralized Energy Network (DEN) presents a new approach where crypto could potentially improve the efficiency of renewable energy production, supply chains, and consumption processes for sources like solar, wind, and fuel cells, thereby benefiting the environment.
The basic structure through which decentralized energy networks propose value is as follows: Virtual power plants are needed as a unified system for communication connections because DERs (Distributed Energy Resources) are globally distributed → Users lack incentives for virtual power plants to collect energy data from DERs, and the monopolistic industry structure makes worse the cold-start problem for virtual power plants → Decentralized energy networks improve energy operational efficiency by building decentralized virtual power plants or acting as third-party intermediaries providing data to existing virtual power plants, using token incentives and blockchain communication protocols.
The opinion below examines the future of decentralized energy networks, starting from the concepts of DER and virtual power plants, to projects such as @daylightenergy_, @starpowerworld, and @srcful. Through this opinion piece, readers can assess whether this value proposition will end up as just another buzzword or if it has the potential to grow into a successful use case of crypto innovating energy solutions.
Related People, Projects:
@daylightenergy_
@srcful
@starpowerworld
@Powerledger_io
@helium
@a16zcrypto
Written by @G_Gyeomm
The recently emerging Decentralized Energy Network (DEN) presents a new approach where crypto could potentially improve the efficiency of renewable energy production, supply chains, and consumption processes for sources like solar, wind, and fuel cells, thereby benefiting the environment.
The basic structure through which decentralized energy networks propose value is as follows: Virtual power plants are needed as a unified system for communication connections because DERs (Distributed Energy Resources) are globally distributed → Users lack incentives for virtual power plants to collect energy data from DERs, and the monopolistic industry structure makes worse the cold-start problem for virtual power plants → Decentralized energy networks improve energy operational efficiency by building decentralized virtual power plants or acting as third-party intermediaries providing data to existing virtual power plants, using token incentives and blockchain communication protocols.
The opinion below examines the future of decentralized energy networks, starting from the concepts of DER and virtual power plants, to projects such as @daylightenergy_, @starpowerworld, and @srcful. Through this opinion piece, readers can assess whether this value proposition will end up as just another buzzword or if it has the potential to grow into a successful use case of crypto innovating energy solutions.
Related People, Projects:
@daylightenergy_
@srcful
@starpowerworld
@Powerledger_io
@helium
@a16zcrypto
You can see the full version of "Crypto is good (for the Earth) - Decentralized Energy Network" in the link below:
4pillars.io/en/opinions/de…
4pillars.io/en/opinions/de…
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