Bitcoin, blockchain technology and the Internet of Things are dramatically disrupting every industry sector. They’re especially disrupting the energy and utility sector, including the solar energy trading market. Coincidentally, solar energy prices continue to decline, bringing spectacular new business opportunities while protecting the environment.
Several factors are contributing to the boom in renewable energy production. These include generation costs, new investments, and U.S. state regulations.
General Electric said since 2010, the cost of solar implementations has dropped 60 percent.
Also, Fortune asserted, “Investors in wind and solar power are getting more capacity for their money as the cost of the technology tumbles, making alternatives to fossil fuel more competitive.”
Apple, Amazon, and Google are also now heavily investing in renewable energy. According to the BBC, Google said “it wants to map ‘the planet’s solar potential’ – the data from these panels, including their uptake, could inform future energy strategies.”
https://news.bitcoin.com/bitcoin-blockchain-solar-energy-boom/
Topic: [2016-10-26] Bitcoin and Its Blockchain Are Driving the Solar Energy Boom (Read 320 times)
October 26, 2016, 12:23:45 AM
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