Topic: [ANN][STO] FUERGY | AI-powered Surplus Energy Trading (Read 20675 times)

From big dams powering the whole cities to small turbines providing clean energy to single factories or houses, hydropower is a highly flexible & versatile option of generating power that has already saved us around 4 billion tonnes of greenhouse gasses. Learn more about it on our blog.

EU countries are welcoming the increasing renewable energy trend with open arms. Recently, some of them have broken their record for the most wind-generated power in a single month. Which countries are powerhouses of wind energy, leading renewable force?

Where is the wind energy heading? There are many concepts and startups experimenting with different ways of generating energy from wind, many of them don't even use traditional blades. What do they look like? Discover it in our latest blog.

Three-bladed with the horizontal axis is the most common type of wind turbine as well as a symbol of renewable energy. An on-shore wind turbine converts between a third to a half of kinetic wind power to electric energy while floating turbine can do even better. Learn more about modern wind turbines on the FUERGY blog.

Using wind power to create electricity dates back to the beginning of the 20th century. But if it weren't for Oil Shocks in the 70s', wind energy might have never shifted from a solution that only powered remote locations to a full-scale utility application. Read our second FUERGY blog about the wind energy.

From the fuel of ancient ships and flour mills, wind energy has become one of the major renewable energy sources of today. We have been harnessing it for at least 5,000 years. Let's take a leap back in time to remind us of this incredible journey.

Can solar power be the future of energy? We at FUERGY say YES! Scalable with various forms of application it can be utilized virtually everywhere. Let's take a look at some of the future use cases from battling climate change to space exploration.

Low efficiency & high production cost were typical for solar energy at its beginnings. But what is the situation now? In our latest FUERGY blog, we took a look at how successful is humanity in battling these and other technological challenges.

When we say solar energy, we tend to think about the free source of clean energy, falling prices of solar panels and its growing share in the energy mix. But there are also many challenges and limitations it has to face. Luckily, FUERGY is here to help!

Did you know that only 0,0001% of solar energy that Earth intercepts could power all humanity? With ever decreasing price of solar panels, renewable energy has never been so affordable. What’s more, FUERGY will manage the power for you, even at night.

Despite the barriers on the path towards sustainable and green energy in the USA, the country truly has the potential to disrupt the energy industry. It has many advantages that make the transition to a national grid powered by renewables much easier. Find out more about it on FUERGY blog.

Despite various obstacles e.g. fossil fuel lobby, production-demand inconsistencies and political barriers, on a long-term scale, support for renewables isn’t going away. Check more in our newest blog post by FUERGY’s CEO Rado Stompf.

U.S., a country full of opposites and contrasts. On one side of the country, California, a state that has made plans to be powered solely by renewables. On the other oil and gas-rich Ohio, a state second-to-last in terms of renewable energy production. Read our latest article on the new FUERGY blog page.

Our co-founder & CCO Tomas Demcak explains why are Virtual Power Plants the future of solar energy and solution to its limitations. Find out how can VPP lower costs, increase efficiency and grid stability in his guest article for Solar Power World.

Can blockchain get us closer to smart cities? Our CDO, Tibor Tarabek, explains how to incentivize citizens to be part of it by consciously sharing their data. More in his guest article for CleanTechnica.

Blockchain has proven to be too big to ignore and corporations jump aboard the hype. But isn't private blockchain just a fancier name for a new type of database? Our CDO Tibore Tarabek has dived deeper into this topic in his guest article on Crypto Globe.

Blockchain could help transform the electrical grid by decentralization of energy production while making renewables more economically feasible what could spur more investments in renewable energy and energy storage. Read more in the article by Jennifer Hicks.

47.6 GW of renewables have been installed in Germany over the past 7 years, but not even 1 GW of fossil fuel sources has disappeared. Our CDO Tibor Tarabek explains why in the article by Sam Brake Guia via StartUp Beat.

Blockchain in energy utilities market is expected to reach $3.4 billion by 2024 at a compound annual growth rate of almost 60%! Key drivers will be sales of distributed energy and peer to peer electricity says the report by Infoholic Research. Find more info in the article by Cointelegraph.

Find out more about the 10 trends on the climate and energy, including digitalization and blockchain, in a very well written article by Energy Industry Review.

The energy market needs a digital disruption and blockchain can be the answer. To maximize its benefits, the proposed solution must be adjustable to local market structure and regulation and will require the collaboration with local players. Read more in the article by Vertech Capital.

Microgrids, energy storage, blockchain - those are 3 out of 4 technologies that according to Mike Hughes revolutionise energy and are also a part of the FUERGY! Add renewable energy & AI and you have a perfect solution for today's energy challenges.

Hello. FUERGY Device can be connected to a photovoltaic panel system (or any other renewable source of energy, but the PV is the most common), and store and trade the energy generated by this source. Since the energy is not uploaded into the grid right after it is generated but rather when the demand (and therefore the price) is high, it can significantly increase the ROI of such PV system. But it can also work without any renewable energy source - in this case, the system will recharge the battery when the price of energy is low, and discharge it (to the user or into the grid) when the price of energy is high. This can save the user a significant portion of his/her electricity bill.

Hello. Does your system aim to control and distribute electricity, or will it in some way produce too?

Thanks to advancements in AI and new technologies such as blockchain, smart cities might be closer than you think. FUERGY as a smart energy solution is a great example of how to make energy grids in our cities smarter. You can read more about it in the article on Gigastartups.

The amount of energy used for mining crypto made blockchain an environmental villain. However, blockchain projects, such as FUERGY, may be the answer to the challenges of energy consumption efficiency, grid stability & decentralization. Find out more about this topic in the article by Claudio Buttice.

Grid-scale energy storage is expected to grow exponentially over the next 8 years, with North America, Western Europe and Asia Pacific to account for nearly 90% of it. Read more in the article by Power Engineering.

How will blockchain technology transform the power industry? Darrell Proctor ‏is searching for an answer to this interesting question in his article at POWERmagazine.

From the 6 renewable energy trends chosen by Forbes to watch in 2019 is FUERGY directly connected to three! Energy storage, Microgrids & AI, and Energy blockchain & IoT. We are living in the Future of energy. Are you? 

Yes! There will be an STO. To participation in our STO you have to be whitelisted investors who meet SEC Reg S for non-US investors and SEC Reg. 506 (b) for US investors. The complete conditions of participation in the Security Token Offering (STO) will be sent to all successful whitelisted investors.

it's really sto??

We are FUERGY - the Future of Energy!

Take a look at  FUERGY introduction video.

With a unique AI-powered device and blockchain we help to optimize energy consumption and maximize efficiency in the New Energy Ecosystem. Consume less, share smarter.

We took a part at Blockchain Expo 2018 last week in California, one of the most progressive states in terms of sustainable energy. The expo was a big surprise compared to last year’s event but nonetheless FUERGY stood out!

Sea waves. They are ubiquitous and universally-known around the world, yet not many people think about them as another source of clean energy. We already have quite a few ways how to utilize their power - have you ever heard about any of them?

Have you ever heard about the glass battery? It may sound like a science fiction. However, with its parameters far more superior to the lithium-ion batteries it aspires to be a science future.

Europe in particular is striving for greater energy security, and such security will be easily achieved through a combination of technology and incentivization. FUERGY allows all consumers to be able to control and share their electric energy effectively to focus on sustainability. Read more in an article by BlockTribune, a daily news and information site devoted to bitcoin and blockchain technology.

“How AI and blockchain can fit into the future of energy?” - Come and find it out at Blockchain Expo North America on 29th of November at 3:10 PM PST. Our Chief Data Office, Tibor Tarabek is speaking about this topic and all the related challenges that FUERGY is dealing with.

Lithium-Ion batteries are here for quite some time but there is still room for their improvement. Evidence of that is a number of projects, each looking to utilize different technology, following the same goal - to create the Li-Ion battery of tomorrow.

Meet us at the Blockchain Expo North America - the World’s largest Blockchain Conference and Exhibition that focuses on the future of enterprise technology. On the 28-29th of November, you’ll have a great opportunity to stop by our exhibition booth and have a talk with members of FUERGY board and management team.

The world of energy is witnessing rapid and disruptive changes. Renewables already account for around a quarter of global electricity generation. In the last six years, renewable power capacity additions outpaced additions from fossil fuels and nuclear power combined. However, if we are to meet our climate goals, renewables deployment must accelerate six times faster than today. Read more in the article from IRENA.

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.

Yes.
You will be able to buy the FUERGY HOME both, with or without the PV panels, or in case you already have PV panels as well as a battery storage, it will be possible to buy just FUERGY HOME LITE - it will connect and control already installed devices, adding all the features that customer would otherwise acquire by purchasing the basic Home system. You can find all use cases in our Whitepaper.

if we want to have it as an individual, then we only need Fuergy Home, is that so?

The FUERGY BUSINESS version of our device will be available to customers in Q2 / 2019 and FUERGY HOME version is planned to be available in Q3 / 2019. Right now we are performing tests and fine-tuning the first versions of the FUERGY device in our R&D centre in Zilina .   

so whether the device will be sold for use throughout the world? is the device ready and where to order it later?

Let's keep fighting against our dependence on fossil fuels even when the sun stops shining or the wind slows down. Read more about it in our blog post Renewable Energy is Ready to Topple Fossil Fuels Domination.

Hello, could you please try it once again?
If it still does not work, try this link: https://t.me/Fuergy

i didnt find any telegram group ,link is not working ?

What can be done to fight climate change? At FUERGY, we believe change starts on the individual level. Every one of us is responsible for the fate of our planet.

The FUERGY device for households consists of a data generator, AC / DC converter, smart meter, inverter, built-in battery, and alternative power source. (If the customer already has a battery and an alternative power source with a smart meter and an inverter, the FUERGY AI-unit will be connected to these devices and will control them.)
Our device weighs approximately 120kg. You can see how it looks on our website www.fuergy.com. It is designed to be beautiful to look at.

FUERGY device requires a WiFi, LAN or mobile network connection. In the event of connection failure, the device will continue to work in the offline mode and optimize the user’s consumption. In offline mode, FUERGY device works without the option of trading. Once connection is restored, it automatically returns to full functionality. Community energy sharing is a mutually decentralized connection of FUERGY devices into a global network of local communities where each device communicates with its nearest devices. This community has a maximum of 5 members — usually the 5 closest points of origin. Unless energy needs are mitigated within the community, the demand for purchasing / selling electricity is shifted to the next closest community.

Is this FUERGY device like phone or something similar.
I mean how is it communicating with other devices.
to utilize renewable energy, and green power.

Introducing the FUERGY Ecosystem: the technology that uses blockchain to reveal the full potential of renewable energy.