Renewable energy Monetization
Why Shall We Monetize Renewable Energy?
Electricity generation is the leading cause of industrial air pollution. Most of human electricity comes from coal, nuclear, and other non-renewable power sources [1]. Producing energy from these fossil resources takes a severe toll on our environment, polluting our air, land, water and therefore, risking our health and making climate change issues more severe.
Renewable energy sources can be used to produce electricity with fewer environmental impacts. It is possible to make electricity from renewable energy sources without producing CO2 emissions, the leading cause of global climate change.
The demand for energy is increasing worldwide and is vital for both developing and developed markets. However renewable clean energy is the only way to achieve sustainable economic growth without risking further depletion of the planet's resources and escalating further issues of climate change and environmental degradation.
But first, just what is defined as renewable energy? Renewable energy is energy derived from natural resources that replenish themselves over a period of time without depleting the Earth’s resources faster than they can regenerate. Renewable energy sources are also the least expensive option in boosting electricity access, reducing air pollution and cutting carbon dioxide emissions worldwide [2]. These energy sources also have the benefit of being abundant, available in some capacity nearly everywhere, and they cause little, environmental damage if any.
Energy from the sun, wind, and thermal energy stored in the Earth’s crust are examples. For comparison, fossil fuels such as oil, coal, and natural gas are not renewable, since their quantity is finite—once we have extracted them they will cease to be available for use as an economically-viable energy source. While they are produced through natural processes, these processes are too slow to replenish at the rate that humans are using them, so these resources will run out sooner or later.
Greeneum develops P2P renewable energy marketplace using blockchain technology- with machine learning tools and smart contracts you can get your Greeneum incentives, trade, get support, and take a part in the energy marketplace with more green projects & companies.
Greeneum incentives consist of energy-time-space related smart contracts. The GREEN ERC20 tokens are the medium of exchange and the reward for the global community of green supporters. The Greeneum Green Certificates (GGC) and Greeneum Carbon Credits (GCC) are digital certificates given to producers of green energy who are within the Greeneum ecosystem. Green energy producers will have to first register to the Greeneum platform for the energy data validation process.
For the producers energy data validation process is securely recorded, digitally validated and the energy transactions are being labeled as Green or non-Green. Once the validation process is successfully completed, the producer is then awarded a green certificate (GGC) and corresponding carbon credits (GCC). Producers can use the accumulated green certificates and Carbon credits in the Greeneum platform and marketplace in return for goods and services and accepted by Greeneum partners. The Green Tokens can also be exchanged into other cryptocurrencies in reliable online exchange platforms to allow a wider outreach for new members.
What are you waiting for? Join Greeneum’s affiliate network HERE and start making a Green impact -- > https://www.greeneum.net/green-affiliates-register-form
