Could a blockchain-based electricity network change the energy market?

Blockchain-enabled energy trading could help lower carbon emissions but efficiency and privacy issues must first be overcome, EURACTIV’s media partner The Guardian reports. The blockchain. It is the much-hyped, virtually foolproof digital ledger that allows cryptocurrencies such as bitcoin to flourish without the need for banks and governments, and promises to enable everything from the … Read more

MyBit launches ICO to decentralize renewable energy

MyBit is a platform that aims at tokenizing any automatable or machine infrastructure in 5 years. MyBit will start with commoditizing solar panel systems and other forms of renewable energy in Germany, so investors and landowners will be able to crowdfund the coming decentralized energy grid, getting security on investment while landowners can find more … Read more

How Walmart uses AI to serve 140 million customers a week

Old dogs can always learn new tricks, provided they are smart enough and have the right tools. Founded in 1962 — a generation or so before ecommerce giants like Amazon — Walmart has 11,700 stores and 140 million weekly shoppers in 28 countries around the world. Here in the 21st century, Walmart has also become … Read more

OPV thin-film start-up Eight19 secures £1.3 million in new funding

UK-based flexible organic photovoltaics (OPV) thin-film start-up Eight19 has secured a new round of funding totalling £1.3 million (US$1.69 million). Image: Eight19 UK-based flexible organic photovoltaics (OPV) thin-film start-up Eight19 has secured a new round of funding totalling £1.3 million (US$1.69 million).  The start-up said that the new funding would enable the company to accelerate … Read more

Multiple Indian ‘Gigafactories’ expected by 2019

India is all set for Gigafactories driven by both stationary energy storage and EVs. Credit: Delta At least two global technology leaders could set up Gigafactories to manufacture lithium-ion cells in India in the next couple of years, according to the head of the India Energy Storage Alliance (IESA). This focus is being driven by … Read more

Utilities need to plan for a 100% renewable energy future, even if it never happens

Utilities are not like most businesses. They place 30-year wagers on the way we will generate and consume electricity to ensure there’s a reliable supply far into the future. Multibillion-dollar investments build long-lived things like transmission lines, coal boilers, and nuclear reactors. That worked well enough when technological change in the energy industry was measured … Read more

Energy Economics: The Next Financial Crisis Is Not Far Away

Recently, a Spanish group called “Ecologist in Action” asked me to give them a presentation on what kind of financial crisis we should expect. They wanted to know when it would be and how it would take place. The answer I had for the group is that we should expect financial collapse quite soon–perhaps as … Read more