Thursday, September 29

Spanish startup develops platform to share energy produced by individuals By CoinTelegraph

© Reuters. Spanish startup develops platform to share energy produced by individuals

The Spanish Startup LLum, after having developed a platform on blockchain technology, will allow sharing the energy produced by individuals and energy communities, in order to make the most of the production capacity, as announced on the website Energías Renovables this Tuesday 28 December 2021.

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The Startup Llum has proposed a solution to share the Kilometer 0 renewable electricity among users, which are produced in existing facilities for self-consumption.

The main objective of the Spanish Startup is to achieve maximum efficiency and reduce energy costs, with the help of the system based on blockchain technology, and the owners of the photovoltaic roofs in conjunction with the members of the energy community will be able to control , manage and share electricity with other consumers, “in a way as simple as making a bank transfer or a bizum”, added Juan Carlos Betancourt.

Read the full article on Cointelegraph

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