Build Decentralized Energy Communities Secured by the Blockchain

What is Hive Power?
As a rule, whenever one has alternative sources of energy, they eventually produce more than they need. The best and probably the only option is to sell excess electricity to a local utility company. But is there any way to sell energy to your nearest neighbor?
A platform platform called Hive Power is developing a system that will allow energy users to create energy communities where they can share energy with each other in the Ethereum block chain. The platform also acts as a decentralized autonomous organization, from where it will create an opportunity for energy exchange communities with all participants who are expected to benefit from participation in the power unit platform.
Features Hive Power
Open Platform-Hive Power will allow you to use third-party software manufacturers and equipment to use its platform.
Trading platform design - this structure allows you to trade any additional energy between users, enhancing cooperation within Hive Power.
The energy ecosystem of Hive Power operates in accordance with the daily grid required for power quality, peak shaving and current limiting.
Micro-grid-Hive Power will integrate micro-grids to ensure safe and optimal operation of energy trading. In addition, it will also facilitate the most reliable method of managing energy assets.
The Hive Power algorithm - the platform algorithm (HONEY) allows users to use flexibility when comparing production and energy consumption, maximizing community welfare.

How Hive Power
Energy Community Works The Hive Power energy ecosystem includes a distributed energy market with an exchange for energy production and consumption. The main component of the platform is the Worker. This is an electric counter, based on the Etherium, which comes with a hardware oracle. Each hive or energy grid gets its own Ethereum counter, which communicates with the energy consumer. The employee measures and ensures the conformity of energy production and consumption, allowing him to join the energy market of Hive Power.
On the other hand, the Hive Power token manages the use of intellectual contracts, as well as the creation of energy hives and meters. The open structure, which is delivered using the Hive Power platform, will allow the use of several marker applications, including:
Control and management of Hive operations.
Technical management of the Hive power platform.
As a mode of payment for transactions inside the hives.
As the strength of the hive could prove useful
Decentralization - allows users to regain control over how they spend their energy, and from whom they decide to fix it. This is mainly due to the nature of the blockchain technology.
Reliability - rather than dependence on the current monopolistic energy market, consumers choose from several suppliers
Increased profitability for energy producers due to fewer transaction fees
Sustainable energy consumption, since it is possible to determine how much they spend on energy
Guaranteed benefits for both producers and consumers , with an optimized energy market.

Problem
The transition to the power grid in the prosumer can be very wavy . Lack of centralized capacity and increased production of electricity from networks capable of addressing severe power quality problems, while DSO operators need to address these new issues. Problem.

While many actually see the arrival of grid-plus-battery solar parity as a threat, they can also view the system as it is to add value to their business grid and model. The following questions are answers that can adapt existing business models or new internet models - either in existing regulations or under evolved regulations - to utilize and use new data to build energy in the future. to serve customers and society.
Rocky Mountain Institute

These problems are more profound by the increase in electricity consumption driven by the electrification of heat generation (heat pumps) and mobility (electric vehicles), which will increase the traction further in the distribution network.

To discuss this issue significant investment in infrastructure networks is expected. It could start a business called "death spiral", or "grid defection" . Consumers reduce electricity consumption from computers. In addition they can install batteries to further enhance their energy independence. Simply, these customers will remain connected to the central network for emergency use, or infrastructure, have a large and efficient infrastructure.

The solution
We believe this gloomy scenario is our future. The future with a widening gap between autarkis consumers, almost disconnected from the rest of the network, and the simpler consumer for more expensive and inefficient networks.

Conversely, Future Electricity Networks Should be marked WITH increased energy sharing BETWEEN PRECUMERS, CONSUMERS AND ELECTRICAL Utilities, optimizing energy resources AND USE OF INFRASTRUCTURE. In some countries, you can not use this time for users for free.

In the Context of Singers, Possible Technologies such as blockchain, and MORE SPECIALLY Again Ethereum, will allow decentralized Experts to review Buying and Selling Electricity Safely to each other WITH INCLUDING MULTIPLE marginal costs that can be ignored. New aggregators that can be used as energy and compete in the global market. In this context, distributed energy storage systems (DESS) can also be incorporated into high energy, they can quickly see dynamic prices. This is a great opportunity for end-user costs.

Team

Advisors

Hive Power ICO:
ICO HivePower.Tech will start on June 11, 2018 and may begin with registration on the Eidoo ICO platform. Sale (54%), Founders (10%), Airdrops (3%) and the Company (33%). The distribution of tokens will be Research & Development (65%), expansion (15%) and pilot projects (20%). The soft cover will be 1M USD, and the hard cover will be 11M USD.
The site says that they accept payments for ETH (Ethereum) and estimate 1 HVT = 0.25 US dollars. The Hive Power (HVT Coin) products will be the emblem of the contract contract ERC20, which gives access to the platform and management of the Hive platform.
Hive Power demonstrates the potential for resolving the monopolistic nature of our energy sector through the creation of block energy communities. The paradigm shift in our energy sector makes this enterprise the subject of consideration, and it could not have come to a better time. Time seems to be ripe for the transition to a decentralized structure of our energy environment.
More detailed information:
Website: https://www.hivepower.tech/
Bitcointalk: https://bitcointalk.org/index.php?topic=2097220.0
Telegram: https://t.me/hivepower
Facebook: https://www.facebook.com/HivePower/
Twitter: https://twitter.com/hive_power
Whitepaper: https://v.fastcdn.co/u/a25ac79a/29853262-0-Hive-Power-WP-1.3.pdf

Auther:- https://bitcointalk.org/index.php?action=profile;u=1203917