CherryBlossomDancing
Fri Jul 12 2024
|
7 answers
1459
Can bitcoin solve the problem of stranded energy?
In the realm of renewable energy, a significant challenge lies in the issue of stranded energy - energy generated by renewable sources that cannot be efficiently utilized due to limitations in transmission infrastructure or demand fluctuations. With its decentralized nature and ability to facilitate micropayments, could Bitcoin, or blockchain technology in general, be a potential solution to this problem? Could it enable more efficient distribution of renewable energy by facilitating peer-to-peer transactions, reducing reliance on centralized grids, and potentially incentivizing investment in local energy production? Or does it still face obstacles that would prevent it from truly addressing the issue of stranded energy?
