The energy industry has undergone significant changes in recent years, and with these changes, it’s inevitable that there will also be some challenges. For example, the combination of more renewable energy resources, more distributed generation, and an aging grid means that the industry needs to evolve and roll out more complex distribution systems than there currently exist.
For the longest time, society has relied entirely on big intermediaries such as banks, energy retailers and governments to establish trust in our economy. We depended on these intermediaries to perform all the business and transaction logic - from authentication, to identification of people, through to clearing and settling of records.
If you're dealing in cryptocurrencies, one of the terms you're going to hear quite often is "capitalisation" or "market cap". In today's blog post, we'll give you an easy explanation of what market cap means, and hopefully you can understand, after today, why it matters.
By now, we must all know that SunContract's SNC token is an ERC20 token... But do you know what it means to be of ERC20 standard? If not, don't worry, you'll soon be well informed!
Electric power systems around the world are rapidly changing. For over a century, these systems have relied largely on centralized, fossil fuel plants to generate electricity to end users. Utilities had a straightforward objective: to provide electricity with high reliability.
Majority of homeowners who invest in solar power plants aim to either lower their energy costs or reduce their carbon footprint.
We’ve all paid a utility bill or purchased gasoline. Those numbers on our bills represent the direct cost of fossil fuels; money paid out of pocket for energy from coal, natural gas, and oil. But those expenses don’t reflect the total cost of fossil fuels to each of us individually, or collectively as a society.
Renewable energy will march forward this year, due to “remorseless reductions in the costs of solar and wind electricity and of lithium-ion batteries,” Angus McCrone, the chief editor of Bloomberg New Energy Finance (BNEF) wrote in a commentary.
As momentum builds for cities around the world to switch from fossil fuels to renewable sources, the number of households reported to be predominantly powered by clean energy has more than doubled since 2015.