Breaking News
Food Shortages In 2027? The ICC Warns That Global Food Prices Could Rise By Close To 70%
Interview 2039 - The "Rogue AI" Psyop on the IMA Roundtable
Federal Survey Of 21,990 Kids Ties COVID Shots To Autism, ADHD
AI Geniuses Are Decidedly Not Policy And Economic Geniuses
Top Tech News
SHOCK CASE REPORT: Advanced Alzheimer's Patient Regains Speech, Memory, Mobility...
Most artificial limbs rely on silicone or plastic to mimic human hands.
Flying cell tower beams phone signal to Japan from 10 miles up
Chinese Commercial Reactor Achieves Nuclear Fusion with Clean Hydrogen-Boron Fuel
Med Beds Just Took a MASSIVE Step Forward, Healing People in Days!
Palmer Luckey: Autonomous Weapons Are Ancient and Why Anduril Won't Build Humanoids | EP #295
A laser just photographed objects through six feet of concrete
Elon Musk's Next-Gen Motor Destroy Entire EV Industry
China's disputed satellite refueling heralds new space war era
BYD Will Put Solid-State Batteries In An EV Next Year: Executive
Blockchain Technology Could Enable Next-Generation, Peer-To-Peer Energy Microgrids
An experimental energy microgrid in Brooklyn, New York, shows how energy-generating homes can become part of a peer-to-peer electricity system, Fast Coexist reports. The project, part of the Brooklyn Microgrid ? a distributed energy development group in the Park Slope and Gowanus communities of Brooklyn, creating a connected network for local energy ? also shows how distributed ledger technology could enable the emerging "energy Internet."
The project starts small: "On one side of President Street, five homes with solar panels generate electricity. On the other side, five homes buy power when the opposite homes don't need it. In the middle is a blockchain network, managing and recording transactions with little human interaction." But the idea is big, and could represent the future of community-managed energy systems.
The project, called TransActive Grid, is a joint venture between Brooklyn Microgrid developer LO3 Energy and blockchain technology developer ConsenSys, a startup focused on Ethereum applications, whose partnership with Microsoft for cloud-based blockchain applications has been recently covered by Bitcoin Magazine.
"We're setting up a market on this street for renewable electrons to test if people are interested in buying them from each other," says LO3's founder Lawrence Orsini. "If you produce energy far away, there's a lot of losses, and you don't get the value of those electrons. But if they're right across the street, there's a lot of environmental and system efficiency that's being realized from being very close to one another."
The Transactive Grid is a pilot project that, if successful, could be extended to the whole Brooklyn Microgrid. According to Orsini, 130 homes have expressed interest so far. Orsini's key point ? that the local exchanges enabled by smart energy grids can be much more efficient and environmentally friendly than traditional top-down energy distribution systems ? could permit important overall cost savings, benefit society as a whole and demonstrate the power of distributed ledgers.