Energy is equal to life. It heats, cools and illuminates our homes. It moves the trucks that bring our groceries. It nourishes the chips that push the revolution of artificial intelligence. Energy can be considered a human right, and unless we move to a Economy Economy emissions Energy will kill us.
The basis of the zero emissions economy lies in renewable energy sources and requires a shift in how to consume energy. Unlike the energy -based energy, it does not produce energy upon request, but the more the sun and wind strikes. Therefore, to achieve the goal of Net-Zero as soon as possible, we must find a way to combine the final consumers into the energy market.
This article is part of the new Coindsk DePin verticalCover the emerging industry of decentralized physical infrastructure.
Previous attempts to do so have failed significantly. The large municipal facilities paid constant prices for families who were ready to participate in Response programs for the request It was expected that your energy -consuming devices were expected to be closed when you are demanded by a central signal, and the messages are often short. But these methods are very accurate and expensive. They are struggling because it is implemented within a system that is not designed for the unique requirements of renewable energy – a system based on more than a century to accommodate fossil fuels. The fossil system is characterized by deep loads and bilateral contracts among some hundreds of players along the supply chains that surround the entire planet. But what we need is a horizontal organized system around locally produced energy, and multi -edge between billions of billions and active consumers.
Community power
History proves that it can be done. At the dawn of the era of electricity, the energy networks were strict in the city, where the rural areas lacking the infrastructure to communicate with them and were not profitable enough for electricity providers because of its dispersed residents. Therefore, many societies around the world build the required infrastructure itself, Organization in collapses, not central. Citizens have been motivated to join because they are directly the benefits of this new infrastructure.
As our use of fossil fuel accelerates, we started consuming these resources at a rate that much exceeds its natural formation, which burns in one year what took millions of years to accumulate in the Earth’s crust. This causes the energy industry to become increasingly complicated, and consumers are increasingly separated from the origin and effect of their use of energy.
In the future, the installation of the power system less depends on materialism and more on the virtual infrastructure, that is, the actual time exchanging information among all participants in the market. Once again, the infrastructure to realize that this is not in its place.
While we stand on the climate disaster threshold, it is time to stabilize society again. There is no benefit from looking at large energy or increasing governments-in this story, every man is the hero. The good news is, this time we have technology that marries the power approach to people with the boundaries that the large energy cannot dream.
Debine to save
The solution is called DePin, or decentralized physical infrastructure networks. He depends It is “decentralized applications that use distinctive symbols to motivate societies to build material infrastructure networks, charging electric vehicles, communications, etc.) from A to Z.
It is uniquely suitable for treating the complications of the natural scene of modern energy.
Unlike traditional systems, DePins are not restricted by central control restrictions. It works on a Blockchain working framework that stimulates participation through encrypted symbols, ensuring that every shareholder, whether the owner of the house with solar panels or a small company with the storage of the battery, can participate in the energy market and reward it for its contributions.
This an amalgamic approach facilitates a more elastic and flexible energy system, as supply and demand can be balanced in actual time. The decisive ingredients here are connected devices – smart refrigerators, smart ACS, anything smart you have at home (no, do not count your pets) – and unknown data for all participants in the network. When the network is struggling, individual families can automatically up or down use electricity, which helps to make the total network more flexible, and get symbolic bonuses through unreliable smart contracts.
DePins can also enable power trading from counterpart to counterparts, where excess energy that is created by a participant can be sold directly to traditional facilities companies. This not only reduces production waste, but also weakens energy access, allowing individuals to control their use of energy and contribute to the general stability of the network.
The success of the helium network in building a central and decentralized wireless network and the Silencio network in environmental monitoring is explained by the DEPINS capabilities outside the energy sector. These networks have been quickly degraded by motivating users to contribute to the network infrastructure, proving that the decentralized model can work widely.
In the energy sector, similar principles can be applied to create a decentralized energy network. Networks like Combinder.io It is a major example of DePin that connects consumers and producers to a distinctive ecosystem. By taking advantage of current home equipment such as smart meters and solar panels and storing batteries, this network allows users to participate in response programs to demand and trading from counterpart to counterparts, and canceling new revenue flows and contributing to a more sustainable energy system.
High risk
The effects of DePins not embracing the energy sector are severe. Without an invisible approach, the transmission of energy will continue to face great obstacles, from allocating the ineffective resources to the inability to integrate the sources of renewable energy completely. This can lead to continued dependence on fossil fuels, which exacerbates the climate crisis.
The way to a sustainable sustainable future, we must transform our energy system to enable individuals and societies to play an active role and accelerate energy transmission.
In addition to the great benefits of our planet’s health, this approach will also create tremendous economic opportunities. The decentralized network that enables effective energy exchange can open billions of dollars. It provides strong incentives for families and companies to invest in renewable energy technologies and adaptation to energy, ensuring the distribution of financial rewards in an equivalent way through society.
Energy is the lifeblood of modern society, and how we manage will determine our future. Depins offers the most promising path forward, allowing us to achieve our net goals while creating a more fair and flexible energy system for everyone. It’s time to restore energy to our hands.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of Coindsk, Inc. Or their owners and subsidiaries.
