DUBLIN – (BUSINESS WIRE) – The “Blockchain for Renewable Energy Storage” report from Wintergreen Research, Inc has been added to ResearchAndMarkets.com’s offer.
Key points of this PowerPoint
-
Energy exchanges in real time
-
Generate support for utility-wide energy storage
-
Blockchain supports distributed ledgers based on transactions
-
Siemens lowers prices for large-scale energy storage batteries
-
Tesla sees the future of renewable energy energy storage
-
People want clean energy systems
-
Storage systems allow profitability and reduce project risks
The blockchain promises to be used to manage the trade in renewable energy stocks. It can be used to track the amount of energy stored in any large-scale storage site. I can be used to track any amount of renewable energy generated by wind turbines or solar installations. Since renewable energy initiatives are effective, the oil and gas industry will experience a drop in revenues and, by 2033, will ultimately be a minor player on world markets. The prospect of declining revenues is not easily embraced by a thriving business, and the leaders of these businesses find it difficult to get around the difficulties they face in adopting battery technology to the next generation.
Zero carbon emissions mean that no carbon is produced by burning fuel for energy. Blockchain holds promise for banks and businesses as they discover how to use it to manage renewable energy resources and large-scale stored energy. By combining many users or businesses on a blockchain or ledger, transactions can be completed in near real time, promising to make energy storage a more viable industry.
Governments have been ineffective in implementing energy storage. Companies Google, Amazon, JPMorgan, Microsoft and others have been effective in implementing green energy. Zero carbon electricity worldwide is supplied by 100% renewable energy supplies supported by large-scale storage systems. Energy storage at the utility level is essential to achieving a global carbon-free energy profile. Wind and solar renewable energy is intermittent, so efficient storage is necessary to make it work. This storage has finally become an asset, something that can be financed and paid for over time by companies.
This change in the energy sector can be adopted by the existing petroleum industry, or it can be ignored. If the petroleum industry chooses to ignore next generation technology, these companies could follow the path of early 20th century stroller whip makers in the United States in the early 1900s.
Companies mentioned
-
AES
-
Goldman sachs
-
Google
-
IBM
-
JPMorgan Chase
-
Samsung
-
Siemens
-
You’re here
For more information on this report, visit https://www.researchandmarkets.com/r/5n2kry