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Home Topics in Depth Science And Environment Solar Experiment Lets Neighbors Trade Energy Among Themselves

  • leftcoastmountains (2622 posts)
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    Solar Experiment Lets Neighbors Trade Energy Among Themselves

    Brooklyn is known the world over for things small-batch and local, like designer clogs, craft bourbon and artisanal sauerkraut.

    Now, it is trying to add electricity to the list.

    In a promising experiment in an affluent swath of the borough, dozens of solar-panel arrays spread across rowhouse rooftops are wired into a growing network. Called the Brooklyn Microgrid, the project is signing up residents and businesses to a virtual trading platform that will allow solar-energy producers to sell excess-electricity credits from their systems to buyers in the group, who may live as close as next door.

    The project is still in its early stages — it has just 50 participants thus far — but its implications could be far reaching. The idea is to create a kind of virtual, peer-to-peer energy trading system built on blockchain, the database technology that underlies cryptocurrencies like Bitcoin.

    The ability to complete secure transactions and create a business based on energy sharing would allow participants to bypass the electric company energy supply and ultimately build a microgrid with energy generation and storage components that could function on their own, even during broad power failures.

    https://www.nytimes.com/2017/03/13/business/energy-environment/brooklyn-solar-grid-energy-trading.html?_r=0

    immoderate, twenty, aspirant like this
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  • aspirant (1521 posts)
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    1. Shhhh, not so loud

    if the Repubs get wind of this they’ll inform the health insurers who will raise premiums since the Brooklynites won’t be buying electricity or IPhones anymore.