What does Non-Fungible Tokens (NFT) have to do with Distributed Energy Resources (DER)? Let's leave the technical stuff aside and focus on the practical day-to-day benefits...
SunContract is a Slovenian Operator that is pioneering the use of cryptotechnology in a simplified way, enabling individuals to buy, sell and trade renewable energy in Slovenia. It allows anyone digitally buy solar panels and consume the energy they produce, without having to install a single screw. You can also sell your surplus energy to your neighbors directly.
Whether this business model constitutes a truly disruptive service depends on various factors, including the platform's ability to scale, regulatory considerations and market adoption.
However, if SunContract can successfully leverage NFTs to democratize ownership of renewable energy assets, create transparent markets for renewable energy certificates, and incentivize energy efficiency, it could indeed disrupt the traditional energy sector and accelerate the shift towards decentralized, sustainable energy systems.
But meanwhile, let’s keep an eye on them!
One thing is sure: Residential P2P Energy Trading is here to stay!
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