Build Decentralized Energy Communities Secured by the Blockchain
ABOUT HIVE POWER
ive Power is a platform that enables users to create a shared energy, called Hive, where all users benefit from investment, achieving great and ideal for the entire network. Hive Power developed an answer for create and control neighborhood nearby energy in blockchain, giving economic streamlining to members by reducing them and enhancing their assets. Working closely with meter manufacturers, Hive Power constructs ready blockchain energy meters, enabling it to energize safely.
The objective of Hive Power is to create energy exchange communities where all members have a guaranteed economic benefit. Unlike other energy exchange schemes, the Hive Power platform is designed to take into account technical aspects of the lattice, for example, power quality principles in the circulation network.
Hive Power is developing a complete answer for building and overseeing neighborhood energy communities on blockchain technology, giving economic advancement to its members, reducing their records and evaluating their assets. In cooperation with meter manufacturers, Hive Power is developing a ready-to-use energy blockchain meter that enables you to safely tokenize your energy. Unlike its competitors, notwithstanding the blockchain platform, Hive Power additionally provides an efficient energy exchanging mechanism, ideal for use in energy communities. HONEY’s calculation uses customer flexibility to ideally coordinate creation and utilization, with the goal that the group’s welfare is maximized, and the technical constraints on the matrix are met.
Problem
The transition to a series of electrically driven devices can be very wavy ¹. The lack of centralized design and increased intermittent electrical expenditure at lower levels than the grid increases the pressure on networked networking and can lead to severe power shortages, while DSO operators need to address these new issues. problem.
“While many utilities correctly see the arrival of parity-plus-grid parity grid arrivals as a threat, they can also see such systems as an opportunity to add value to their business grid and model. The next important question is how tools can customize existing model business or adopt new business models – either within existing regulatory framework or under evolved landscape regulation – to utilize and maximize new value sources that build the best future electrical systems at the lowest cost to serve customers and society.”
Rocky Mountain Institute
These problems are further emphasized by the increase in electricity consumption driven by the electrification of Heat generation (heat pumps) and mobility (electric vehicles), which will tend to increase further attraction in the Sprinkling Network.
To solve this problem, significant investment in infrastructure networks is expected. It may start a business called ” death cycle “, or ” griddisability ” ³. Users reduce the electrical usage constantly from the network center for their own generated power. In addition they may install batteries to further enhance their independence. Simply, these subscribers will remain dependent on the network center for usability or peak usage, so that electric utilities should operate their expensive infrastructure and power-generating capabilities even when revenues from a decrease in consumption.
The solution
We believe this gloomy scenario is not the future we want. The future with a widening gap between autarkis users, almost disconnected from the waste network, and simple consumers are forced to pay for more expensive and inefficient networks.
In contrast, future electrical networks must be characterized by increased power sharing between prosumer, consumer and electric utilities, optimizing energy resources and infrastructure usage. In some countries, the current non-binding conditions allow end users to freely choose their power suppliers.
In this context, allowing technologies such as blockchain , and more specifically Ethereum , will allow decentralized experts to buy and sell electrically securely to each other at marginal costs that may be waived. The new aggregators utilizing this technology can act as energy suppliers and compete in the global marketplace. In this context, distributed energy storage systems (DESS) can also participate in the power market and thanks to their high flexibility, they can respond quickly to dynamic price tags. This is a great opportunity for a reduction in cost for the end user.
ICO
ICO DETAILS:
- SYMBOL : HVT
- Total supply : 100,000,000
- ICO supply : 50,000,000
- Price : $0.25
- Start Date : 11th June 2018
- End Date : 30th June 2018
- Soft Cap : $1,000,000
- Hard Cap : $11,000,000
- Accepted Currencies : ETH
Tech will begin on June 11, 2018 and can be started with registration on ICO eidoo platform.
Sales (54%)
Founder (10%)
Airdrops (3%)
Company (33%).
Token portion will be:
Research and Development (65%)
extension (15%)
pilot project (20%)
Delicate cover 1M USD, and hard cover – 11M USD.
Roadmap
Q2 2018
Hive Power 1.0
The Hive will consist of single household Workers and multi-family buildings, coupled to a low voltage grid in Switzerland. The Queen will be operated by the local Distribution System Operator.
Q1 2019
Hive Power 2.0
Innovative features such as access to the flexibility market and real time operation will be implemented to improve economic and technical performance. A microgrid testbed will be set up in a developing country.
Q1 2020
Hive Power 3.0
The Hive capabilities will be extended through new features, such as investment pools, auto topology discovery, self-healing (fault detection) and multi-owner Hives.
Visit the links below for more information:
WEBSITE :https://www.hivepower.tech/
FACEBOOK :https://www.facebook.com/HivePower/
TWITTER :https://twitter.com/hive_power
TELEGRAM :https://t.me/hivepower
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1350925
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