Topic: [ANN][STO] FUERGY | AI-powered Surplus Energy Trading - page 3. (Read 20615 times)

The Enterprise Time, an online business technology magazine website, looked deeply at the FUERGY and made a short rundown of our project.

If California were a country, it would be the fifth largest economy in the world. For a state like this, embracing renewables isn’t just a necessary step in order to mitigate climate change - it could be setting a trend for the rest of the world. Read about California's targets and how can FUERGY help achieve them.

“Our company provides a scalable solution for renewable energy, where consumers can save and potentially earn money via the production of clean energy,” said Radoslav Stompf, CEO and co-founder of FUERGY. Read more in the article by Gigastartups.

Hello We don't have any partnership with another cryptocurrency/blockchain & energy project. We are aware that there are several of them, with different technology solutions, level of progress, a segment targeting, and so on but we are also aware that the energy market is big and none of these project (including ours) will be able to cover the whole market alone in the upcoming years. In other words - there is enough room for competition and competition is good for a progress.

None of the projects we are aware of is exactly same as ours, we are just all trying to solve challenges of the energy distribution with the help of the blockchain but everyone has a bit different solution. Only future will show which one will prevail but we are confident in ours since we have experts from both, energy and blockchain sector and our solution is also covering many blind spots, especially in regard to P2P energy sharing. (You can learn more about it in our Whitepaper[/url]).

We might partner with another project in the future if it will make sense for both projects but I think it is too early for that now. First, everyone has to show what they can offer - including us

Do you have partnerships with other cryptocurrency projects related to energy? For example, KWH coin or Robotina (Skynet, etc.)? I think it will be difficult for independent projects in one industry to compete, your future is partnership.

Can you imagine the world without Lithium-Ion batteries? Neither do we. But who is the brilliant mind behind the most progress that led to Li-Ion battery of today? His name is John B. Goodenough, a scientist who continues his work even at age 96 years!

Let us introduce you to the FUERGY founders and members of the managing board- innovators and experts from the fields of energy, blockchain, software & hardware, people standing behind the idea of FUERGY.

FUERGY’s vision could never materialize without the incredible technological progress of energy storage, especially lithium-ion batteries. Let's take a closer look at their history and why they are ruling today’s battery world in a blog post by Tibor Tarabek, FUERGY's Chief Data Officer.

At FUERGY, we believe environmentally-friendly actions should not hurt your wallet, nor should they be tough to do. In fact, we believe that to take effect on a structural level, environmentally-friendly actions need to be incentivized.

Renewables are the future of energy! It is not just about hydro, wind, and solar energy - there are many options to choose from without a need of depleting any resources. Some of them are more ecological than others. Do you know them all?

By 2040, energy demand is expected to rise by 30%. We at FUERGY have a solution to how to meet this demand by utilizing the existing transmission network while improving energy security and decreasing environmental and health risks.

We are proud and pleased to announce our new partner: ETERBASE - the first regulation-compliant European cryptocurrency exchange and also the first exchange that will list FUERGY Utility token.

2018 Global Power & Energy Blockchain Conference has revealed the current trends in energy, IT and blockchain technology. This and other valuable remarks from the event are presented by FUERGY’s CDO, Tibor Tarabek.

Read how are giant batteries helping South Australia solve their problems with electric grid in the blog post by Tibor Tarabek, our Chief Data Officer, and imagine you can be part of it with FUERGY.

Having Blockchain technology and energy specialists under one roof? That’s something we can’t miss! This FUERGY board trio - Tibor Tarabek, Radoslav Stompf, and Tomas Demcak represented us last week in Orlando.

         

As renewables are becoming cheaper and climate change is becoming a more pressing issue, we can expect more laws requiring new buildings to be passive or making solar panels a mandatory part of new construction projects. Find out more about these trends on FUERGY blog.

Problem with today's renewable energy systems is that once the source of electricity (e.g. wind or sun) is not available, the production of energy from these sources decreases or stops completely. For such situations, there always have to be a backup source of electricity (most of the times it is a fossil fuel generator) otherwise, we would face a blackout. Another problem occurs when the energy is generated in the time when you don't need it and vice versa (you could read about it in our post about The Duck Curve). In both cases, you can solve the problem with the inconsistency of renewables by adding some kind of energy storage. Part of the FUERGY HOME device is also a battery storage (or it can be connected to existing one). It helps to optimize usage of this storage and in automatic mode can also trade with other FUERGY devices - so in case your battery is empty, it can buy energy from another FUERGY for a better price than you would get by buying it from your energy supplier. It also work the other way around - if you have excess of energy and someone (with FUERGY device) does not you can sell him some (manually or automatically).

So the final answer to your question is that the energy is from an energy storage and was generated by renewables. FUERGY device helps you to utilize your storage more efficiently and share the energy with other devices, so you don't need to use fossil fuel energy even if your own sorage is depleted or you can help others to do so if you have an excess energy.

sorry, I still cannot understand what fuergy is, if one of its functions is to reduce our dependence on fossil fuels and even though the sun does not shine and there is also no wind, then where does the source of fuergy come from?

Switching to a renewable source of energy significantly reduces an individual’s carbon footprint. But in order to do it really effectively, we need entire networks of renewable energy generators that can support each other - and that is how the Idea behind FUERGY was created.

Have you ever heard about the Duck curve? It presents one of the biggest challenges renewable energy faces today. FUERGY is designed to minimize its effects and make renewables a truly green source of energy.