Our modern life depends on the vast electric grids to power everything from light bulbs to mass transit subways. Despite tremendous strides in technological innovation, the existing grid is largely built on an aging design. This design is essentially a centralized grid architecture based on large power generation plants in remote locations that are connected to the customer sites through a complex labyrinth of transmission and distribution (T&D) network. The coordination of electricity production in alternating current (AC) combined with delivery through the complex T&D network is managed by regional system operators or independent system operators (ISOs). The ISOs must balance not only the electricity production and consumption in real time, but also ensure the electricity produced remotely is transported to customer sites without running into congestions on the vast T&D network. While the current electric power grids are a marvel of engineering feats, this enormously complex centralized power grid design is showing its age. Today’s centralized power grids face significant challenges in providing safe, reliable, secure, and affordable energy services.
”Eloncity, for instance, is building a similar architecture that removes the need for power companies by offering a storage, exchange, and usage network directly on blockchain. “ Full article: https://t.co/b0yu3TQqSj . #ELONCITY #blockchain #power #renewable #energy #ECT
ELONCITY is not limited to the technical efforts to reshape the energy infrastructure, it also about replacing the bureaucratically burdened hierarchies and inefficient centralized systems with socially decentralized solutions. #ELONCITY #blockchain #ECT #energy #power #renewable
ELONCITY’s power generation and BESS eliminate the potential risks of fossil fuel-based backups, which can be prone to explosions, gas leaks, and other safety hazards. Could ELONCITY solve the world’s energy infrastructure problems https://t.co/K2sSVjRVV6 ? #ELONCITY #blockchain
ELONCITY microgrids are able to provide ancillary services to adjacent centralized grids, thus helping the local utilities avoid or reduce costly infrastructure upgrades. #ELONCITY #blockchain #ECT #power #microgrid #grid #utilities #energy #renewable
.@Eloncity_io decentralizes power infrastructures into millions of self-sufficient microgrids. Locally produced energy is available 24/7 and directly competitive to utilities, with transparent pricing. RETWEET if this is your favorite token in Phase II of #HuobiNEXT voting! #ECT