Should the blockchain-based grid take off and become more mainstream, it could open up a whole new market for clean energy as Martyniuk points out, “Even though the cost of renewables has dropped significantly, small to medium size companies don't have a good way to start buying green energy.”A smarter electricity grid giving consumers transparent energy choices could push for more integration of clean energy.
points out, cheaper forms of energy, such as renewables, are set to be the market’s favorite choice and could help propel clean energy as a mainstream option.: “A biomass plant owned by a farmer in rural India could start delivering the backup power to the grid as soon as the central grid fails, for a price that may vary dynamically according to the rest of available energy in the system.
Solar panels containing photovoltaic cells float on water at the hydroelectric dam project by EDP-Energias de Portugal SA's renewables unit.The decentralization of energy systems democratizes information and allows individuals to make their better-informed decisions. As a tool, blockchain smart grids could help to reduce inequality and provide cheaper, cleaner energy to both areas with developed electricity grids and those lacking any energy access.
Yes, if this is true - then we need to develop blockchain technologies as quickly as possible in order to stop using oil, gas and coal
Interesting but these 'innovations' could have been accomplished with linked lists - a concept that has been around for 60 years.
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