![\"\"](\"https:\/\/www.enerjigazetesi.ist\/wp-content\/uploads\/2019\/05\/blockchain-yenilenebilir-enerjinin-bir-sonraki-adimi-olacaktir-300x156.jpg\")
across multiple computers and uses a form of data logging to ensure that the information cannot be changed or corrupted by anyone else. By decentralizing data and protecting the way it is manipulated,\u00a0blockchain promotes transparency and the sharing of information. As such,\u00a0the record\u00a0has\u00a0immense potential<\/span>\u00a0in helping shape a wave of new technology\u00a0and our ability to interact with it.<\/p>\nBlockchain has served as the\u00a0go-to<\/span><\/a>\u00a0platform for the online currencies that have created a lot of hype as an alternative form of legal tender. Whilst they are often mentioned in the same breath, blockchain is far more than just a platform for cryptocurrency.\u00a0While energy-intensive cryptocurrency\u00a0mining has caused\u00a0a spike in carbon emissions,\u00a0blockchain is a blank canvas capable of driving innovation in the field of green technology<\/a><\/span>\u00a0. Startups and major companies alike are looking to unlock the potential that blockchain holds to catalyze the\u00a0transition to green energy.<\/p>\n Many startups<\/a>\u00a0are already using blockchain as a tool to make energy grids more accessible and sustainable by promoting data-sharing in real time. The idea behind creating energy grids linked to blockchain is fairly simple: by giving consumers total control over where they source their energy as well as the information behind the production itself it drives competition and promotes sustainable energy.<\/p>\n Consumers using a smart-grid that relies on blockchain will be able to compare their energy providers and buy directly from them. In Estonia, a blockchain-powered smart grid called\u00a0WePower<\/a>\u00a0has been testing just how well a choice-driven energy market could work by teaming up with an independent energy provider who shares their energy data in real time. Consumers helping pilot the program have bought into the grid and been given credits to spend on specific energy sources, giving them the freedom to alter their choices based off of real-time power generation and their prices.<\/p>\n Estonia\u2019s fully digital grid made it easy for a WePower to test its blockchain project as well as using it to help promote clean energy<\/a><\/span>\u00a0. WePower\u2019s CEO Nick Martyniuk told\u00a0Wired<\/span><\/a>\u00a0that \u201cblockchain provides the necessary trust for data sharing and creates liquidity as well as accountability between energy buyers and producers.\u201d<\/p>\n Read Also:\u00a0The European Union Is Helping These Islands To Go Renewable<\/a><\/i><\/b><\/p>\n Should the blockchain-based grid take off and become more mainstream, it could open up a whole new market for clean energy as Martyniuk points out, \u201cEven though the cost of renewables has dropped significantly, small to medium size companies don’t have a good way to start buying green energy.\u201d<\/p>\n A smarter electricity grid\u00a0giving consumers\u00a0transparent energy choices could push for more\u00a0integration of clean energy. As\u00a0Yvo Hunink<\/span><\/a>\u00a0points out, cheaper forms of energy, such as renewables, are set to be the market\u2019s favorite choice and could help propel clean energy as a mainstream option.<\/p>\nConsumer Driven Smart Grids<\/h2>\n
An Opportunity for Clean Energy<\/h2>\n