Eloncity - The revolution in the field of energy (II)

Welcome, today I continue to analyze in depth - give more specific information and potential development of the project Eloncity.

 The following is the detailed content:

1. The reason for the Eloncity project was born?
2. What is Eloncity - Eloncity Project Introduction?
3. Eloncity Features?
4. Eloncity Solutions?
5. What future for the decentralized economy in general and Eloncity in particular.
6. Founder - Eloncity Development Team?
7. Eloncity project activity model?
8. Eloncity development roadmap?
9. Eloncity Project Advisors?
10. Eloncity project partners?
11. Infomation ICO? 12. Conclude?

1. The reason for the Eloncity project was born?


       Today’s centralized power grids face significant challenges in providing safe, reliable, secure, and affordable energy services. Below are examples of just a few of the vexing challenges the existing centralized power grids faced.

-  Environmental and Public Health Problems
      California October 23, 2015 — The underground natural gas storage in Aliso Canyon in Los Angeles experienced a massive leak
      The Aliso Canyon incident created an environmental disaster on a larger scale than the Deepwater Horizon accident in the Gulf of Mexico.
        It was assessed that Aliso Canyon’s gas leak released about 5.3 gigatons of harmful methane gas into the Earth’s atmosphere.
        There has been numerous centralized grid disasters over the years, with some gaining worldwide notoriety like the Chernobyl and the Fukushima incidents. In the Chernobyl nuclear power plant catastrophe2, over 300,000 people were forced to relocate permanently. This nuclear accident released traceable airborne radioactive particles that were detected in every country in the northern hemisphere. As these few examples attest, the centralized grids pose increasingly unbearable impacts to the environment, health, and safety of the people that it supposes to serve.

- Safety and Reliability Problems:
         California September 8, 2011 — A deficient equipment maintenance procedure at a transmission switch station in Yuma, Arizona, initiated cascade grid power failures that left more than seven million residents without electricity, ranging from San Diego County to western Arizona and Tijuana3. This major incident exposed the inherent susceptibility of the centralized power grid to point-vulnerabilities.

- Adaptability and Resiliency:

    In the foreseeable future of global climate change, cities around the world are expected to experience growing incidents of grid failures due to adverse weather, furthering adding to this problem. From heatwaves in Australia and California to frigid winter spells in the northeastern US, to hurricanes Katrina, Sandy, Rita or Maria, we witness repeated episodes of massive grid failures due to the system’s inability adapt and or absorb the disruptions brought about by climate-change induced events.

-Unaffordable Electricity Cost:

    US April 14, 2016 — A study was published by Groundswell, a nonprofit renewable energy advocacy group, detailing how the cost of electricity is increasingly burdensome for America’s working class. The study reports the bottom 20 percent of earners spend about 10 percent of their income on electricity.

"When you combine the challenges of natural disasters, population growth, and climate change, new approaches to energy production and distribution are needed more than ever. It is Eloncity belief that the solutions to these challenges should also create vibrant and sustained growth for all. The AI Grid Foundation (Foundation), a non-profit based in Singapore and an advocate for open access to decentralized renewable energy, shares this vision. The Foundation has collaborated with global organizations and local communities to develop the Eloncity Model, a community-centric approach employed to address these challenges and decentralize renewable energy resources to attain a safe, healthy, vibrant and equitable energy future".

2. What is Eloncity - Eloncity Project Introduction


   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. Eloncity hope these two methods will persuade large numbers of people and operators to invest in energy storage equipment.



3. Eloncity Features

4. Eloncity Solutions
5. What future for the decentralized economy in general and Eloncity in particular.
The new economy is born of decentralize, different from the old economy. Instead of developing and enriching networks for some individuals, leverage will be shared among network builders.
In the new economy, the measure of success is not measured by ownership, or traditional measurement units, but by networks. How big is your network, efficiency or not, and whether the rules / regulations are relevant or not.
Fears the new economy will kill the old economy like the way Uber has made many traditional taxi companies shut down. Concerns among interest groups, has become the biggest barrier to the development of the crypto world. However, this can not be equated with disruptive innovation.

The development of a Microgrid renewable power grid (Eloncity) with island-mode and self-sufficiency power generation needs to be implemented in a planned manner. For example, we do not expect Eloncity to be implemented in densely populated areas such as Ho Chi Minh City. We expect this phase to be completely self-powered based on PV or wind-turbine.

Eloncity requires the harmonization of energy in the production, storage and needs of all aspects of an energy ecosystem for locally available renewable resources. In most cases, we should coordinate with centralized networks to make the most of resources. Therefore, in our official report, we emphasize the important strategy of cooperation with local power.
Each system structure has its strengths, concentric and decentralized. And both must work together to make our energy systems more reliable with lower costs. For example, in some central areas, such as Hanoi or Ho Chi Minh City, they face supply constraints when they are not able to deliver or transport energy from the source of energy to the regions. remote. The traditional approach would be to build more distribution wires, place larger distribution wires, or even build a local power plant in urban areas where space is lacking. And this traditional approach is increasingly outdated and expensive, affecting both financial and social. In this case, the deployment of the decentralized resources strategy would be far superior.
And I really appreciate going this route precisely: the path to this new energy future is not just technology, but also finance, social / community development. , regulatory and legal. Therefore, Eloncit presents in detail the superior power of integrating all of these areas, making the energy sector much more futuristic.
The foundation of the foundation to make everything work is collaboration. We need to work with communities, existing utilities, local governments, public agencies, organizations to make our energy systems more reliable, better prices. , more sustainable, safer and more equitable for everyone.

We have run many models in many cities (old cities do not have much space for renewable energy) and we have received 70-80% of self-sufficient energy with available technology. and achieve high economic returns. These models are based on existing technologies and do not include government subsidies.
Rather than defying the superiority of technology, the question that is more relevant to us is how to coordinate centralized and decentralized resources to best benefit ours.
Power companies around the world are spending hundreds of billions of dollars each year to upgrade / rebuild older AC electrical equipment, power supplies that are significantly depleted by pathways, , hundreds of kilometers from the production site (power plant) to every business unit, household, consumer. It can be seen that not all countries can have low power loss rates like Vietnam (source of the Vietnam Electricity Group website)
Impose manual kilowatt electricity prices, not based on market demand, demand, and load balancing algorithms, which blockchain technology and algorithms provide. . The question for these utilities is whether to invest in centralized technologies that will be obsolete in the next 20-30 years. Replying depends on many factors. But in many cases, decentralized energy is slowly becoming a better solution than ever before.
In addition, Eloncity also helps to reduce electricity costs, limit the net interest of electricity companies. If the power companies are not honest, the people are turning to off-grid power systems by adding PVs or battery capacity.
In addition, Eloncity can bring real change to power companies. Power companies can manage their energy bills with a BTM (Behind the Meter) system that is designed to be built for factories or buildings.
Their information technology infrastructure today can not handle millions of distributed energy resources (DERs)
6. Founder - Eloncity Development Team
        
Elon City's development team has many years of experience in the field of technology and energy.


I will analyze in detail the founder of the project - "Andy Li"

       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.

7. Eloncity project activity model
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.


8. Eloncity development roadmap




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.




The specific roadmap of the project





9. Eloncity Project Advisors
     The project team is experienced in energy and blockchain. Emerging are the two mentors "Bryan Allen" and "Robbet Mao".

    Bryan Allen is a Software Engineer for the NASA Jet Propulsion Laboratory Task Force. He started working at NASA in 1987, now working on the Mars Reconnaissance Orbiter.


      Robbet Mao: He is the founder of the Blockchain 3.0 Arcblock project. He previously worked as a software engineer at Microsoft's FUSE lab in the United States. Robert is one of the pioneering leaders in technology in the US



10. Eloncity project partners
Trong hình ảnh có thể có: 7 người, mọi người đang cười, văn bản

There are many partners in the project; This includes Arcblock and Cybermile. This shows that Eloncity will use Blockchain 3.0 of ArcBlock and some of Cybermiles' platforms.
    The next is the Krypital Group and Tokeneed. These are the major partners who have worked with projects such as Cybermile; Arcblock; Merculet; Egretia and has been a resounding success in ICO calls.
Krypital brings together the founders of hit projects like Cybermile; Arcblock; Mercutlet; Egretia; Quoiblock and also Eloncity's Andy Li. So we can see the project is a great support from experienced people. The success of the project is enormous.



11. Infomation Ico

Pricing information Token and Ico currently Eloncity is still not updated, but Ico will be sold on Tokeneed, you can register and KYC account to wait to buy.

12. Conclude


     With the professionalism of the project; The development team has a lot of experience, consultants are veterans in the field of energy and technology; This shows that the project has high feasibility and great development prospects. This is a worthwhile project to look forward to.

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