The farm operated by Tesla and Neoen can make up to $14,000 ($11,353.02) a Kilowatt Hour by selling that electricity back to the grid. That technology proved itself during the week of 15 January when a coal-fired plant went offline. The Powerpacks put out a short burst of electricity that “normalized the grid.Read more
It looks as if the future of electricity marketing will take the form of retail. One wonders if this is a viable industry and if energy-based cryptocurrencies will one day become a value investment.
The marriage of cryptocurrency and energy might create a fascinating new class of investments. Only time will tell if these tokens will have any real value.Read more
“I strongly believe in the vision to create a global and decentralized marketplace for energy, and have full trust in the team’s capacity to succeed with such an ambitious roadmap — their achievements to date speak for themselves,” Trifa said in a Restart press release.
“After spending a decade in the Internet of Things market as an engineer and entrepreneur, I am convinced that the combination of IoT, Blockchain, A.I, and Big Data proposed by RED has the potential to entirely disrupt the existing old and inefficient energy market,” Trifa said.Read more