Energy
Renewable Energy Managed Over Blockchain Would Boost Africa’s Rural Power Access
The way energy is produced and distributed is changing rapidly as the industry moves away from carbon-based energy production. Technological development in the production of alternative energy has also speeded up the emergence of decentralized systems. These build on large numbers of actors who generate small quantities of energy. But for a decentralized system to be…
The way energy is produced and distributed is changing rapidly as the industry moves away from carbon-based energy production. Technological development in the production of alternative energy has also speeded up the emergence of decentralized systems. These build on large numbers of actors who generate small quantities of energy.
But for a decentralized system to be sustainable, a flexible grid is required to accommodate variable renewable energy sources. A flexible grid also enables operators of the electricity system to balance demand and supply.
