Eloncity - The revolution in the field of energy

Hello
Today I will introduce you to an extremely potential project.
That is the project "Eloncity"

 Kết quả hình ảnh cho eloncity ico

 What Eloncity?
        ELONCITY is a Blockchain technology application project in the energy sector. Eloncity wants to decentralize its power system into millions of microgrid grids capable of self-supplying electricity. Electricity will be produced and will be provided locally 24/7, and will directly compete with existing power supply units. Electricity prices will be more transparent. EVERYONE CAN USE ELONCITY TECHNOLOGY FOR FREE ELECTRONIC MANUFACTURING. And so, we can power the whole world using clean energy.

What is the main goal of the Eloncity project?
       Eloncity’s project focuses on replacing the traditional power system with a decentralized power infrastructure that is made up of millions of self-sufficient micro-grids, and thereby make stored renewable energy widely available at all hours of the day. This would solve the problem of an imbalance in renewable energy’s supply and demand, a hot topic in recent years. People across the world have encountered political and economic issues due to the ever-decreasing fossil fuels as well as issues with renewable energy production. The world is excited about Andy Li’s work in applying blockchain technology to solve energy issues and benefit humanity as a whole. Eloncity’s technologies will help to produce electricity virtually free, thus powering the world with affordable clean energy.

         Blockchain technology is Eloncity key component. Eloncity, hope to use this transparent and efficient mechanism to encourage investment in energy storage systems and solve the issue of cold start of energy storage systems. With today’s rapid development of distributed electricity generation, if we can solve the problem of all-weather electricity consumption and drastically reduce the cost of using distributed electric power generation, then we can make clean energy our primary energy source.

          The blockchain trading system will synchronize with the artificial intelligence algorithm by matching the status of the distributed energy resources of the Internet of Things(IoT) and will use machine learning to discern a community’s electricity demand model. In addition, Eloncity will also increase our analysis of the impact of local electricity demand caused by regional events, weather, and local energy prices so that we can provide users with even more reasonable electricity trading prices. Our goal is to make the price of local all-weather electricity generation lower than the electricity supply price for the grid, so that we can utilize market efficiency to increase the usage of energy storage systems, and reduce the cost of local electricity consumption.

        Eloncity hope to encourage people to purchase energy storage systems by providing clean energy storage methods and also encourage the world to support Eloncity protocol energy storage devices. For every 1 MWh of clean energy stored, 16 ECTs can be rewarded. When the total stored clean energy exceeds 1 TWh, the same number of ECTs can be rewarded for each 2 MWh of storage, and so on. Before the end of this incentive plan, 32 GWh of stored clean energy can reward one ECT. 32GWh of electricity would be enough to support 1 million households for one day! In addition to receiving ECT rewards, people can sell extra power during peak hours to gain additional revenue investing in energy storage equipment. We hope these two methods will persuade large numbers of people and operators to invest in energy storage equipment.

       The Eloncity Model builds upon four key pillars
            (1) Decentralized renewable energy design architecture, which comprises:
  • A Blockchain platform that provides an open, secured and distributed ledger for efficient recording of energy transactions in the community in a verifiably and immutable manner. The blockchain platform also enables the Eloncity community to establish an auditable record for tracking the sources of electricity generation within the community, that is GHG-free or non-fossil-fuel based. The auditable tracking of electricity generation sources is critical for valuation of electricity based on generation sources, and also monitors the community’s progress toward de-carbonization.
  • An intelligent networked battery energy storage system (BESS) deployed on the customer premises to harmonize local electricity supply-demand. The Eloncity BESS mitigates the needs for costly capacity and ancillary services. Additionally, BESS also help to flatten intermittent renewable generation into predictable, reliable, and dispatchable renewable resources.
  • Customer-sited or community-based renewable generations, such as solar PVs coupled with intelligent networked BESS, that can fulfill all or nearly all the local energy demands. The locally produced renewable powers would eliminate, or significantly lessen, the need to transport remotely generated power through the vastly complex and often vulnerable centralized grid’s T&D network, while at the same time avoiding energy losses from long-distance transmission of remotely produced powers to customer sites.
  • A community DC power network that uses the renewable DC power more efficiently by minimizing the losses from repeated AC-DC-AC conversion, while eliminating the need for costly AC power ancillary services. Electricity in DC form is much more simple as compared to its AC counterpart. For instance, DC electricity does not require complicated and costly supports such as frequency regulation or reactive power services. The Eloncity’s proposed local DC power grid includes the DCBus Scheduler that orchestrates the community electricity demand-supply. This local scheduler’s role would be equivalent to that of the independent system operator, but with the significant advantage of the ability to balance the local energy demands and supplies at individual customer premises levels in highly granular temporal resolution. In summary, the local DC grid and DCBus Scheduler, together with the networked BESS, would remove the need for costly ancillary services while eliminating the loss from repeated AC-DC-AC conversion. All these technical innovations ultimately aim to reduce the cost of delivered electricity to the energy consumers.
       (2) Community-driven planning and implementation that warrants the enduring success of the community’s transition into the sustainable, regenerative energy future. Due to the fact that the community and their children must live with this energy future, it is imperative that the community has active participatory roles in defining and creating this new energy future.
              (3) Performance-based and self-funded financing is critical in mobilizing private market capital to fuel wide-scale adoption of decentralized renewable energy. The Foundation will collaborate with financial partners, government agencies, and other key stakeholders to establish revolving loan funds. The revolving loan fund’s goal is to contribute to the upfront capital expenditure necessary for initiating the project in communities that lack access to such funding. The performance-based projects will demonstrate their merits by producing real and meaningful energy bill savings for the community members while generating the required return-of-investment to pay back the startup loans. The repaid loans will be used to finance the subsequent Eloncity projects.
        (4) An equitable regulatory framework that facilitates open markets is necessary for mitigating the currently imbalanced market powers, protecting the energy consumers, supporting the local economy, and unleashing market innovations. The regulatory framework must ensure fair market access for innovative market players and guide market-driven solutions to provide: (a) safety for the community and those that live and work in it, (b) reliable energy services that support vibrant community development in the face of climate change, © cost-effective energy services that are affordable to all, especially the low-income families, (d) sustained success of the community transition into the healthy and safe regenerative energy future, and (e ) a framework to ensure no community will be left behind as the world accelerates into the clean regenerative energy paradigm.
          The potential markets for the Eloncity Solution would be any areas that are being served by fossil fuel and nuclear powered centralized grids. However, the Foundation will focus on disaster-prone and rural areas during the initial market development phase because these areas: (a) are most vulnerable to electricity service disruptions; (b) typically lack the local capacity to plan and create the safe, healthy, secure and sustainable energy future; and © are hard-to-reach and underserved communities that often get left behind. Concurrently, the Foundation will collaborate with large utilities in dense urban areas to provide the decentralized Eloncity Model to address localized constrained service areas. Similar to the example of the Melbourne grid blackout during heatwaves, the constrained areas do not have the adequate T&D capacity to import needed electricity supply. The traditional solution would be costly grid infrastructure upgrades and the re-commission of dirty fossil-fuel or dangerous nuclear power plants. On the other hand, the Eloncity Model produces renewable energy locally for local consumption, thus negating the need to import remotely produced energy through costly and often vulnerable T&D networks.

Roadmap of Eloncity?

The Eloncity implementation roadmap is segmented into three primary phases:

Phase 1: Throughout Phase 1, the Foundation has spent the last four years collaborating with a coalition of global partners to develop key building block technologies for the Eloncity Model. These collaborative efforts have successfully developed and commercially launched intelligent networked BESS, energy management software, DC appliances and customer-sited renewable power generators. These building block technologies have enabled successful deployments of several hundred self-sufficient buildings.
Phase 2: During Phase 2, within the next 18 to 24 months, the Foundation will collaborate with government energy agencies, research and education institutions, public agencies, local governments, local utilities, global technology partners, financing partners, community-based organizations, and community members to demonstratively scale the Eloncity Model in communities within North America, Latin America, and Asia. The Eloncity Model will be the integration of Phase-1’s building block technologies with four additional building blocks: the blockchain protocol to support decentralized energy transactions (Eloncity Protocol), community capacity development for the planning and implementation of the community-based decentralized energy projects, performance-based project financing with revolving loan funding, and a decentralized regulatory framework to support market-driven decarbonization. The pilot sites will be in diverse geographical regions to demonstrate the replicability of Eloncity’s universal design in meeting the unique needs of diverse local markets. Key outputs of Phase 2 will be the recipe for replicating the Eloncity Model, based on the synthesis of the lessons from the pilot projects. The Foundation will publish best practices, lessons learned, and project implementation processes to assist global communities in adopting and implementing the Eloncity Model.

Phase 3: In Phase 3, the Foundation will focus on mass market transformation to proliferate the Eloncity Model to all targeted global markets. More detailed information will be provided in the upcoming Eloncity Whitepaper and the Eloncity website.

 Founder of the project?
          Andy Li, founder of Eloncity and POMCube; Chief Technology Officer of ChinaCache; Computer researcher of the Alibaba cloud.

      Andy Li formerly worked as a Principle Engineer at Cisco. His accumulated 12 years of experience at Cisco served to make Li more than proficient in traffic engineering and also provided him with valuable insight and research experience on the intelligence of access networks. Li believes that access network intelligence is far more efficient than that of the core/distribution networks, i.e. backbone network intelligence. In addition, Li served as Chief Technology Officer at ChinaCache and Lead Researcher at Alibaba Cloud Computing. Li is committed to provide ECN/CDN-like solutions for Internet infrastructure. While at Alibaba Cloud Computing, Li initiated the application of a DC distribution network for super data centers in order to increase power efficiency. Due to widespread recognition and implementation from industry experts, “data center direct-current” has become an industry trend.
       In 2014, Andy Li founded POMCube Inc. with the goal of designing a high-efficiency battery energy storage systems (BESS) to directly power DC appliances. Later in 2018, Li’s newly founded Eloncity was committed to combining blockchain technology with the trillion-dollar global electricity market in an effort to help people use renewable energy as the main energy source of the future.

Infomation ICO?

        ICON ELONCITY is similar to Merculet, Egretia (Token sale project takes just a few minutes) to sell their Token Token. So you have to register your account and verify that KYC Tokeneed can buy Token of the ICO ELONCITY project.


Nhận xét

Đăng nhận xét