Updating the grid to meet the challenges of the 21st century means going peer-to-peer. It’s high time consumers had a say in how their electricity is produced. And for producers, peer-to-peer power trading means enhanced returns on both residential- and commercial-scale renewable energy projects.
By decentralizing the flow of power, P2PConnect combines the potency of open markets with the mutual benefits of collective action. That's because at Power2Peer, we understand that making renewable energy more financially viable is the best chance we have at reducing carbon emissions and conserving the health of our planet.
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Power2Peer's vision with P2PConnect is to create a scalable blockchain-secured energy trading platform that will enable the purchase and sale of millions of clean energy kilowatts between peers. A minimum viable product (MVP) of the P2PConnect platform is near completion which will demonstrate the viability of the commercial product.
The P2PConnect platform consists of a mobile app where users register as producer, consumer, or both. All energy transactions are logged in the blockchain ledger. The Software-Defined Network Controller (SDNC) responds to a transaction by sending information to the microgrid, creating optimal connections to facilitate the transmission of power from clean energy sources to end-users.
P2PConnect is a free downloadable app that is designed to bring consumers clean energy at the best price by reducing the transmission and management costs of the kilowatts delivered. Customers will have access through the app to a ledger of all transactions on the blockchain as well as their billing and usage statistics.
It's time to bring the grid into the 21st century. You can learn more about the Power2Peer vision today by reading our white paper!
A team of engineers under the guidance and supervision of Dr. Nish Sonwalkar (ScD, MIT), founder and chief scientist of Power2Peer, has successfully demonstrated the efficacy of Power2Peer's Software Defined Network (SDN) controller platform.
Our solution is to create Virtual Clean Power Network (VCPN) of the solar DERs and enable distribution of clean energy to EV charging stations. The energy is then delivered to storage battery in the EVs. The pool of EV connected to the VCPN then can be used as resource to power the traditional grid to manage the peak demand.
Once the EV batteries are charged with clean energy the impact is significant reduction in carbon emission. The VCPN connects the power producers with the EV charging companies with the secure transacting network created by the block-chain architecture.
This technology allows Power2Peer to control solar power generation systems remotely via cloud computing systems. Currently, control systems use software embedded in the hardware on site to control the flow of electricity. But with this latest innovation from the Power2Peer engineering team, power systems will be controlled with cloud-based architecture complete with battery back-up.
This is all accomplished through the cloud. The Software-Defined Network Controller makes intelligent decisions about which relays need to be activated to ensure electricity is available to each household. This kind of resilient solar power system is thus called a self-healing power system.
Buy and sell power in the marketplace using your mobile device. Never be without power; P2PConnect gives you access to clean, resilient energy sourced from your community. With the clean energy marketplace, many will even achieve 100% sustainability as prosumers.
At Power2Peer we're expanding the frontiers of renewable energy.
P2PConnect™ is a free downloadable app that is designed to bring you clean energy at the best price by reducing the transmission and management costs of the kilowatts delivered.
Customers will have access through the app to a ledger of all transactions on the blockchain as well as their billing and usage statistics.
Power2Peer Connect App
Power2Peer is leading the charge to a greener future. Founded in 2018 by veteran innovator Dr. Nish Sonwalkar (MIT), our diverse staff has decades of experience in clean energy innovation, software design, and systems management.
At Power2Peer, we understand that the stakes for innovation have never been higher. All of the data show that it is imperative that we curb carbon emissions substantially if we are to avoid catastrophic temperature increases. That’s why Dr. Sonwalkar and our team of experts developed a platform that makes it easier than ever for solar and other renewable energy sources to take hold of the market. By enhancing returns on capital investments in renewable energy while simultaneously reducing energy costs for consumers who opt into the clean energy marketplace, Power2Peer is providing a market-oriented solution to the looming climate crisis.
With the launch of a blockchain-secured peer-to-peer energy trading app, P2PConnect, we are making our clean energy marketplace vision into a reality.
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Although blockchain was originally created to support the trading of Bitcoin Cryptocurrency in 2008, its reach has expanded sign ...Read More