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Blockchain: Opening doors in the energy sector

Renewable Energy World

Blockchain is most commonly known as the technology that underpins cryptocurrencies, the most well-known of which is Bitcoin. But the capability of the technology goes further than just the banking industry as it can also be harnessed to transform the renewable energy industry. What is blockchain?

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Demand response proves more profitable than Bitcoin mining in Texas

Smart Energy International

Bitcoin miner Riot Blockchain earned estimated power credits of $9.5 million for demand reduction from ERCOT in July. In its July production and operation update, Riot Blockchain, one of the largest US Bitcoin miners, reported mining 318 Bitcoins in July – a decrease of approximately 21%. Have you read?

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New Hampshire statewide blockchain energy plan recommended

Smart Energy International

A commission on cryptocurrencies and digital assets has called for a legal regime to establish New Hampshire, United States, as a leading blockchain and crypto mining jurisdiction. at the end of 2021, but showing a 16% improvement in technological efficiency at 22.4EH/GW compared with 19.3EH/GW the previous year. Have you read?

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Accelerating energy transition by forming virtual power plants on blockchain

Renewable Energy World

Indeed, technological advances such as Blockchain technology are key enablers to form VPPs and facilitate the orchestration of a diverse set of DER assets. On the other hand, integrating behind-the-meter demand flexibility resources into the grid accelerates the transition to a carbon-free energy grid. Role of Technology.

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Indian blockchain startup Voltreum – new kid on the P2P block

Smart Energy International

Pune, India-based Voltreum is set to launch its Volt-X blockchain-based peer-to-peer energy trading application. The company, which has been in development over the past year, has stated its goal as addressing “two of the most critical problems affecting humankind – increasing energy demand and climate change”. Have you read?

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Technology Trending: What to look out for in 2024

Smart Energy International

Decentralisation, blockchain and AI, the future grid and the space race are some of the areas in which numerous advances have been made in 2023 and are set to continue during 2024. Over the course of 2023 – and indeed since its start in mid-2022 – this column has not been short of possible new and future technology content to feature.

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Digital technology, green finance in vogue among fashion’s sustainability trendsetters

GreenBiz

Digital technology, green finance in vogue among fashion’s sustainability trendsetters. The lack of environmental impact information and outdated technology are two ubiquitous issues plaguing industrial supply chains in general, but they are especially significant in the context of the fashion industry. . Phylicia Wu.