Curated News
By: NewsRamp Editorial Staff
March 19, 2024

Decentralised Energy and Smart Grid Technology: Shaping the Future of Renewable Energy

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Source News Release

TLDR

  • Decentralised energy systems offer a competitive advantage in energy resilience and sustainability, reducing reliance on volatile gas prices and supply uncertainties.
  • Smart grids integrate distributed energy resources, like microgrids and small-scale renewables, to enhance grid flexibility and fortify energy resilience.
  • The shift to decentralised energy promises a more sustainable, efficient, and reliable energy system, leading to a greener, more resilient future for communities.
  • Blockchain technology in smart grids, like Rowan Energy's 'Proof of Generation,' exemplifies innovative real-world applications beyond the energy sector, showcasing extensive potential.

Impact - Why it Matters

The news highlights the critical shift towards renewable energy and the emergence of decentralised energy systems, which promise a future of sustainable and resilient power generation. It also showcases the vital role of smart grid technology and blockchain innovation in advancing the energy sector. This impacts readers by emphasizing the importance of transitioning to renewable energy and adopting technologies that support energy resilience, sustainability, and community empowerment.

Summary

The push towards renewable energy is crucial in a world grappling with climate urgencies and geopolitical flux. The advent of decentralised energy systems promises a future where energy autonomy is achievable, shifting the focus from centralisation to localised, sustainable, and resilient power generation. Smart grids are crucial in transitioning to decentralised energy, integrating distributed energy resources and promising greater reliability and adaptability. Rowan Energy is shaping a carbon-neutral future by innovating with blockchain technology in the renewable energy sector, prioritising energy creation and supporting net-zero objectives while reducing blockchain's environmental impact.

Source Statement

This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, Decentralised Energy and Smart Grid Technology: Shaping the Future of Renewable Energy

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