Thursday, April 20, 2017

Behold the hippest tech on Earth: Blockchain for peer-to-peer solar energy markets

Most of us are aware of the environmental benefits of solar energy over fossil fuels, we’ve heard it numerous time: blah blah, cleaner air, blah blah, sustainability, and so on. You know, less world-endingly in general. But adopting new energy sources won’t just mean cleaner energy, it can also lead to better utilization of the energy we’re producing. Many companies have been developing ways for solar panel owners to put their access energy out into the grid, but LO3 Energy is taking it a step further. LO3 Energy launched a peer-to-peer transaction system called Brooklyn Microgrid, which allows users to sell excess energy directly…

This story continues at The Next Web

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