Greetings, dear readers.
Today we will continue to discuss the Eloncity project. And next we have a review on white paper. Looking ahead, I will tell you that a detailed review for each sheet of the application - will not work, because the reading there is on the throat. Let's go over the main points and pay attention to the conclusion. So let's go.
Immediately, immediately we are given to familiarize ourselves with the risks and make sure that we ourselves - consciously make a step towards investments. In fact, you do not always meet prezintatsiyu beginnings with such words. Well, it's worth paying tribute, so ICO is a really big responsibility, and company executives do not force you to invest your blood. go ahead.
And further on 32 pages the Big review of the company is stretched. About the company and what technology it offers, we discussed in the previous article. Therefore, we will linger on the Grid fund, which is located in one of the most technologically advanced countries in the world. (I would not even be surprised that in Singapore, Elonciti's project will start).
AI Grid Foundation (Foundation), a non-profit organization based in Singapore and an advocate for using
decentralized renewable energy to address the urgent problems of centralized grids .. We see an attainable
energy future that is safer, cleaner, more profitable, and more accessible to all. We believe the shared and
consensus-based blockchain technology is vital for building the collaborative decentralized renewable energy
future. We recognize that a crypto utility token is an effective and efficient catalyst to create an open and
unified renewable energy marketplace for linking energy consumers with product and service providers. We
collaborate with global technology and financial partners, local governments and public agencies, communities,
and advocacy groups, non-profit organization and other stakeholders to build a collective pathway to that
future.
The material is quite serious and I strongly recommend that everyone who is interested in the Eloncity project - study it on their own. To date, the document is available in English. And we continue.
From all the variety of letters and words, I want to go to the second part of the project, which talks a lot about the companies and funds that, along with Eloncity, will develop and promote the project.
ELONCITY MULTIFACETED APPROACH
Although the road to mainstream adoption of decentralized renewable energy, the blockchain, and crypto
utility token is still unfolding, the quantum leap in, and
in 2017 revealed evidence of affordable profound solutions to entrenched energy problems. Communities and
industries are no longer asking for solutions, solutions can be found to the biggest problems with the crypto token, blockchain
technology or renewable energy decentralization, but WHEN. For any of this to deliver on its potentials, we
must mobilize a multi-stakeholder engagement to galvanize demand for it. This is why the Eloncity Model is
designed holistically and systemically, to integrate social, economic, regulatory and financing dimensions to
aid the technological progress.
COMMUNITY - ELONCITY COMMUNITY DEVELOPMENT
The Eloncity Model is about decentralizing, a move towards localization, from unbundling the centralized energy
services to shared. The Eloncity is not limited to the technical efforts to reshape the energy infrastructure, it is also about replacing the bureaucratically burdened hierarchies
and inefficient centralized systems with socially decentralized solutions, and empowering communities
individuals to participate in creating a vibrant, safe, secure, healthy, sustainable and equitable energy future.
The Eloncity Model is set up to be powerfully socially relevant, and economically attractive as it is based on a
universal principle that the new energy economy will be OF of the people, FOR the people, BY the people. The
community-driven development ensures Eloncity's innovative technology components
by providing the structure for:
• Strengthening participation of community stakeholders and households in the buy-in to ensure
the constructed energy system.
• Optimize the application of the constructed energy system to be FOR the people by configuring and
aligning the technological components to local interests, need, wants, resources, capacity, and social
characteristics.
• Facilitate and embed a sense of ownership within the community in building the model to be BY
the people where community stakeholders, from participating households to local entities, embrace
accountability and incentivize to plan, build, operate, maintain and expand their decentralized energy
network.
This emphasis on the local community and its participating stakeholders propels Eloncity's business model
on five fundamental levels; 1) community adoption; 2) social application; 3) measured impact; 4) continued
growth and success beyond initial implementation; 5) social innovations and insight to accelerate mass market
replication. The Eloncity approach builds the new energy marketplace from the ground-up and from within
the community to unlock sustainable, environmental, social and economic benefit that has until now, been
obstructed by typical centralized and hierarchical structures that work from a top-down, externally imported
fashion.
Key community development steps:
• Design - Holistically calibrated modeling and locally tailored scenario analysis based on local needs,
desires, and resources. The objective is to unlock quantifiable synergies and interconnections to
define metrics and specifications for high-performance projects. Best-integrated performance
metrics will be designed to maximize potential environmental impact, public health benefits, as
well as other value streams defined as important by the locality. Stakeholders’ evaluations will
utilize participatory research methods to leverage data insights not only from numbers but also
from socio-cultural perspectives that are important to inform community-mobilization strategies
for Eloncity Model deployment. Utilizing participatory research methods and on-the-ground
expertise for holistic programmatic design to synergize local needs with the technology, finance,
and regulatory components. This design phase involves a robust multi-stakeholder and collaborative
process to conduct interdisciplinary field research, analytics, and data collection processes to define
performance metrics for measurement and verification in delivering real values to the community
and stakeholders.
• Planning - will be framed along the identified social barriers to guide the strategies to engage
and empower community stakeholders in the planning and deployment of Eloncity project.
Local community coordinating and working groups will be created to ensure local ownership and
commitment, locally driven solution, project design responsive to local needs, effective localized
deployment efforts, and enduring project success. The overarching goal is to enable the project to
access untapped capacities and resources and focus efforts on what deemed most important to the
community.
Deployment - Include local community capacity-building initiatives, coalition development methods,
and interdisciplinary collaborations to increase deployment efficiency, lower costs, and increase
salient local benefits and values; convene a local working group of community members and partners
to eradicate local silos and inform opportunities for resource leveraging during the deployment phase.
• Scaling - Includes stakeholder evaluations to assess the project’s perceived and actual value by the
community and key constituents. The overarching goal of community scaling is to manage risks and
systematically grow the local Eloncity microgrid capabilities, sophistication, and benefits layered
over time. The scaling includes local groundswell strategies, community infrastructure to provide
ongoing support for identifying and scaling up local opportunities. Engagement with stakeholders
will define clear local development roadmap from the initial initiatives to future project opportunities
in the surrounding areas.
• Education Materials and Mobilization Campaigns - Educational outreach materials will be created,
contextualized specifically for local community-experience according to the identified local social
barrier. The design goal is to ensure a strong link between the project design and the local community
needs and characteristics. This includes community-based participatory assessments needed to
define an effective, comprehensive, commercially viable business case for the target project sponsors,
developers, and the community.
FINANCE - ELONCITY PROJECT FINANCING INFRASTRUCTURE
Performance-based requirements combined with revolving loan funds will be an important strategy for
mobilizing the private capitals to drive wide-scale proliferation 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 for initiating
the project in communities that lack access to such funding. The performance-based projects demonstrate
their merits by producing real and meaningful energy 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.
The Eloncity Model is designed to become sustainable without requiring ongoing support from donations or
ratepayer funds. The Eloncity development launch will be based on the revolving loans initially. However, it
will transition to self-funded projects by developing and delivering portfolios of Eloncity projects that generate
steady income streams. The Eloncity projects will fulfill customer’s energy needs with on-site or locally
produced clean energy more competitively than any centralized or non-integrated energy model. Eloncity
project developers will raise funds to finance the development of new Eloncity projects by selling the incomeproducing
Eloncity portfolio to investors as asset-backed securities. To attract significant additional capital, the
Foundation will assist Eloncity project developers to work with risk management service providers to evaluate
and provide insurance against the risk of the Eloncity portfolio’s revenue volatility.
ELONCITY MARKET DEVELOPMENT
The potential markets for the Eloncity Solution would be areas that are being served by fossil fuel and nuclear
powered centralized grid, or those areas that lack electricity services. Eloncity’s market penetration strategy
intends on providing full turnkey solutions in areas that lack electricity infrastructure, while simultaneously
offering tailored Eloncity solutions to incumbent utilities to address the chronic challenges facing the existing
centralized grids in built environments. The Foundation will collaborate with the incumbent utilities to fortify
existing grids. The reformation of existing utility regulatory regimes is not prerequisite for the success of
Eloncity market transformations.
ROYALTY-FREE TOOLKITS AND REFERENCE DESIGNS
The Foundation aims to assist Eloncity partners (e.g., project developers, hardware product manufacturers,
system integrators, etc.) to implement Eloncity microgrids (ECTP-compliance microgrid) and mass-market
THE ELONCITY MODEL 46
launch ECTP-compatible hardware products expeditiously without the costly development of ECTP-compliant
technologies and project processes. This objective will be achieved by providing royalty-free Eloncity Toolkits
for a completed suite of hardware platforms, and project development guide that is necessary to efficiently
deploy fully operational Eloncity microgrid. The Eloncity Toolkits will be including ECTP Application Notes,
Reference Design Schematic and Bill-of-Material, Eloncity Project Planning and Implementation Handbook,
Eloncity Community Development, Eloncity Project Financing, Best Practices and Lessons Learned, Project
Measurement and Verification, Qualified Vendors List, Case Studies, plus other necessary documentation.
The Foundation Engineering Lab, Field Application Engineering and Project Development team will provide
additional necessary supports. The Foundation may partner with several contract manufacturers (CM) or original
equipment manufacturer (OEM), as well as selected technology partners to mass manufacture key components
to attain affordable prices through high economy of scale. The Foundation will develop Eloncity e-marketplace
for the linking of customers, products, and services. This e-marketplace will include forums for communities,
real estate developers, system integrators, manufacturers, contractors, special interest and working groups
to share lessons learned, best practices, feedbacks, recommend services plus information sharing from the
deployed Eloncity projects and mass marketed ECTP-compliant products. The Eloncity eligible partners will be
able to download toolkits from Eloncity e-marketplace. The participants in this e-marketplace will be able to
use ECT to access ECTP-compliant products and services globally. Royalty-free intellectual property (IP) license
does not grant the right to build another product platform based on the Foundation’s IP.
ROYALTY-FREE CODES
The Foundation will develop blockchain-based energy exchange software, including hierarchical chain structure
to support inter-microgrid energy exchange, and the DCbus Scheduler. The reference source codes will be made
available for eligible-partners to download as royalty-free codes from the Eloncity e-marketplace. The reference
codes will be maintained and updated by the Foundation. Like the ECTP-compliant hardware platforms, the
Foundation seeks to mitigate redundant development efforts such that the Eloncity partners can reach massmarket
launch quickly and efficiently.
In conclusion of the review, we are told about perspective batteries.
PROSPECTIVE
LITHIUM BATTERY ADVANCEMENT
Thanks to the IT industries and the rapid growth of EV throughout the world, we are witnessing the rapidly
growing economy of scale of lithium battery technology and its increasing cost affordability. With all the
investment brought into battery energy storage industry over the past few years, we anticipate the highperformance
solid-state lithium-ion battery will soon reach commercialization with more gigawatt battery
factories commencing production. We expect to see lithium-ion batteries with twice or even quadruple energy
storage capacity at the same price in the near future. The searches for new material, other than lithium, to
build high-performance batteries also have been making strides as well. A Stanford developed battery based
on sodium14 promises offers similar performance characteristics while costing less than 80 percent of today’s
lithium-ion battery with the equivalent energy storage capacity. Therefore, we believe that battery storage will
become significantly more affordable and indispensable part of our modern life. Together with the advances of
microgrid technologies and the secured consensus-based blockchain platform, high-performance communitybased
renewable microgrid outlook is promising.
CARBON CREDITS
Eloncity microgrids are likely to receive carbon credits
in the early development period. ECT from the open market, or they
can be used to pay for the infrastructure services provided by BLSPs. The Foundation will study this subject
and identify the proper pathway to use the carbon credit for advancing the commonwealth of Eloncity
communities.
We will try to make our conclusion. Without further ado, the project is worthwhile. If there is free money, then you can invest well, but only when the sale of the token is not entirely clear. In White Paper, there is no information about this. From myself I recommend to follow the development of the project.
In the following articles, we will also discuss the Eloncity project. And on this for today everything. Click on the likes and subscribe.
Links:
My unique identification link: http://eloncity.io/?utm_source=Content&utm_medium=Bounty&utm_campaign=B000088
Krypital Bounty Group: https://t.me/KrypitalBounty
Eloncity Group: https://t.me/Eloncity
Krypital News: https://t.me/KrypitalNews