Centrica's LEM project
Blockchain powered virtual marketplace - buy and sell energy
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Hunter's comment
This isn't a product that is available now, but it is an extremely project that could change how energy is distributed across the world.
Cornwall in the UK is the pilot site for the latest Local Energy Market (LEM) that will be powered by blockchain technology. Imagine your full-time or part-time job is purely selling electricity that you harvest off solar panels.... this will absolutely inspire more people to invest in solar technology and puts money in the hands of normal people instead of the big power companies. This is a hugely significant project.
People/businesses will be able to set their own prices to sell their power, which means energy consumers can shop around for the best price. It's a win/win situation... and a way to earn an income once AI takes all our jobs.
Link
https://www.centrica.com/innovation/cornwall-local-energy-market?ref=steemhunt
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