Etain Power
Etain Power: "Green" Blockchain in the Service of Electricity
EtainPower aims to solve the difficulties and challenges of the global power system:
1.EtainPower builds a blockchain-based renewable energy trading platform. Through intelligible chains and smart contracting technologies, EtainPower will certify renewable energy revenues and help renewable energy producers complete project financing. EtainPower will build a decentralized, fair and transparent financing environment, reduce financing costs while increasing efficiency for project financing, and therefore promote the development of renewable energy.
2.EtainPower will build an effective channel for global investors to access and invest in renewable energy projects, EtainPower will conduct due diligence to ensure project quality and benefit investors. The project investor can convert the energy token into an EtainPower or electric token or use an energy token to purchase services within the EtainPower ecosystem.
3. Furthermore, EtainPower will leverage AI technology to optimize renewable energy connection connections, making smart grid technology to facilitate the adoption of renewable energy, and improve the elasticity of the power grid. EtainPower provides many efforts to reform the traditional centralized power sector, connect renewable energy producers, , consumers and power grid operators in the global range to build a truly new AI energy ecosystem driven by blockchain
In the power sector, conventional fossil fuels are the resources people use to get electricity, but renewable energy has made rapid progress recently. In the regulated electricity market, utility companies monopolize the entire power supply chain in areas where they supply electricity, with businesses that include power generation, transmission, distribution and electricity sales. In the unregulated electricity market, the government does not allow power companies to cover the entire industrial chain, they must relinquish all ownership of the generation and transmission, and in general only responsible for power distribution, network operation, and maintenance, and billing of end-user electricity.
It is estimated that by 2020, the levelization costs of most renewable energy projects will be reduced to the level of fossil fuel power projects. Even without government subsidies, renewable energy projects can compete with conventional fossil fuel projects, from a cost perspective.
Project Financing Difficulties for Renewable Energy Producers
For most renewable energy producers, how to get enough capital needed for project development is the key to success. Renewable energy producers complete project financing primarily through debt from financial institutions such as banks primarily, or through obtaining government subsidies. The process of obtaining debt from institutional finance invariably involves a project review, which not only takes a long time but also is not transparent. Generally renewable energy producers have limited control over the process, and most of the time they must follow the arrangements of financial institutions. In addition, manufacturers need to provide some assets for the financial institutions for the mortgage, to obtain a loan. However, most of the renewable energy is small to medium size
Lack of Investment Channels and Return Risks for Investors
From an investment perspective, individuals who have capital and show interest in investing in renewable energy projects can be potential project investors. Many of these people want to contribute to improving the environment and mitigating global climate change through financial support provided to renewable energy projects. However, since no well-known project financing platform is available, most of these individuals have no channel for information on project financing to make the investment. Moreover, apart from the lack of information channels, most individuals do not have sufficient knowledge as well as background professionals in renewable energy to evaluate the project, and thus have concerns to make an investment.
Unlike conventional fossil fuel power projects, renewable energy projects are still immature and have reached the upper classes in just the last few years. For conventional fossil fuel power projects, investors have developed an integral assessment mechanism to make an evaluation. However, for renewable energy projects, the evaluation method is still under development, so many investors can not make assessments on risk and return projects. In addition, there is no effective way to monitor every piece of construction and operation, so investors have concerns that they can not get the expected return, and this is one of the common reasons that renewable energy projects can not complete financing. Other than that, Renewable energy investments are limited by geographic boundaries. Furthermore, if the investor uses fiat currency different from the local fiat currency of the project, the investor needs to exchange fiat currency, up to the amount set by the national foreign currency regulation exchange. Investors need to make efforts to manage the fiat currency exchange process and can survive
losses due to exchange rate fluctuations.
Current Power Network Facilities Need Upgrades. Power generation from renewable energy is not entirely predictable compared to conventional fossil fuel power plants. The connections of many renewable energy projects to the power grid will have a good impact on the stability of the electricity grid's operation and electrical quality. Unlike conventional fossil fuel power plants, electricity from renewable resources such as wind and solar is mainly determined by weather, and not controlled by humans. Therefore one can not predict the generation of energy very accurately, and thus increases the challenge for the power grid operator to make an instant response to the transmission of electricity and distribution. Apart from unstable power plants, a large number of renewable electrical connections to the power grid can also have an impact on frequency stability. When the grid connecting power frequency changes, the project will die grid and will not participate in the service of the power grid system.
the operation of the power grid will be challenged when there are no relevant systems and technologies as well as the range of safe operation to ensure the frequency of the connected power grid. Along with more EtainPower: Blockchain-Based Energy Ecosystem Supported by AI 9 and more renewable energy projects, especially the power lines of distributed power plants. The electrical network bears more pressure and the power grid operator needs to solve more problems. Consequently, many power grid operators will restrict the connection of renewable energy networks and resist the development of renewable energy projects to maintain stable operation of the power grid and reduce the potential impact of renewable energy network connections.
EtainPower Solution
The EtainPower team has decades of experience in the field of renewable energy and electrical network design and management. Inspired by the decentralization, transparency and democracy of blockchain, the EtainPower team is implementing the project with a view to resolving the financing difficulties of renewable energy projects. We will utilize AI and other technologies to minimize the impact of renewable energy network connections and improve the security and stability of network operations, to encourage the development and development of renewable energy projects.
EtainPoweris a blockchain-based transaction platform for renewable energy financing. Through platform energy producers can establish connections with global investors and complete project financing. EtainPower, use PPS for electricity payments, or use PPS to purchase other services within the EtainPower ecosystem. The EtainPower platform can simplify the financing process for renewable energy producers, so they do not have to rely on one or more investors to complete project financing. For most renewable energy. blockchain smart contracts, renewable energy producers and investors can quickly complete process financing, save costs and inconvenience to raise capital from conventional financial institutions. PPS for EPR through platforms, they can use PPS in the EtainPower ecosystem to get all kinds of services. EtainPower provides plenty of application views for PPS holders to use tokens.
Various PPS applications are helpful to increase investor participation and their adherence to EtainPowern ecosystems. PPS is not just a virtual currency and its real value equals the generation of renewable energy generation. The real value of PPS will be activated when a renewable energy project generates revenue. Enabling PPS can be used for all services in the EtainPower ecosystem.
There is a slight risk that PPS can not be enabled, because
1.Only renewable energy projects that have signed power purchase agreements (PPAs) with utility power companies or end users may be included on the EtainPower platform for financing;
2.EtainPower will define project selection criteria and ensure that only eligible projects can be financed;
3. Renewable energy producers need to authorize EtainPower to manage project revenue, so EtainPower can create revenue transactions and enable PPS value through smart contracts.
Intelligence Grid Power Vision EtainPoweris to build an operational, energy-based, smart power grid based on decentralization, transparency and zero-emission principles. EtainPower not only includes microgrid renewable energy and distributed power projects in the ecosystem, but also builds partnerships with utility power companies.
Traditional VC is familiar with conventional project financing. However, when it comes to larger-scale projects, such as public-sector projects, blockchain-based financing can bring more benefits.
Blockchain is revolutionizing project finance in many ways:
1. based on unmodified characteristics, blockchain technology can build investor confidence in the platform for the financing process.
2. in the token financing process, all details will be open, so the process of capital improvement is more transparent, and all investors will understand the situation.
Finally, all transactions will be monitored in real-time and recorded, and thus make it feasible to control the capital raising process. For this reason, we decided to choose blockchain as the base technology for the EtainPower platform. Generally, debt is the main method for financing renewable energy projects. Most of the time
the provider of debt is a financial institution such as a bank, or a private lender. However, both have geographic limitations. Renewable projects can not be financed if they are in a different region or country from which the financial institution or private lender is from. If the debt comes from a financial institution such as a bank, renewable energy producers need a long wait for approval.
EtainPower: Blockchain Based Energy Ecosystem Supported by AI 13
1.Transactions on the blockchain platform are limited to regional conditions. Renewable energy projects that need to be financed can build relationships with investors around the world finish financing.
2.Blockchain has decentralized characteristics, and the transaction process is not controlled by any party. All details will be exposed so that investors and borrowers can master every step associated with the transaction. And therefore, transparency and fairness of transactions can be improved.
3. Smart contracts and blockchain do not damage. When both parties reach agreement, the contract item is encoded into a smart contract, which is implemented automatically, so there is no need to worry about the breach of contract issue.
EtainPower Token Model
The EtainPower platform has two tokens: EPR (token platform) and PowerPoint (PPS, energy tokens), both tokens are shared in the AQ-supported blockchain energy ecosystem. Renewable energy producers can issue PPS and complete project financing through the EtainPower platform. The true value of PPS equals the price of electricity that manufacturers commit to provide in the future. During the funding phase of the project, renewable energy producers sell electricity to investors in the form of PPS, at a price lower than the real value. The value of PPS will be activated when the project generates.
How is PPS published?
When renewable energy producers plan to finance the project through the EtainPower platform, EtainPower will first conduct due diligence on the project. After a due diligence review, EtainPower will release the information to the public. The project producer will determine the window of PPS sales time (usually 1 to 2 weeks) to allow investors to buy PPS. In the early stages, EtainPower will work with renewable energy manufacturers to organize "buy PPS, get free EPR" events and motivate early adopter platforms while simultaneously accelerating project financing and facilitating project execution.
solar power companies' investments decided to sell future project revenues to complete project financing. After passing the due diligence, the solar company issued 8 million PPS through the EtainPower platform, promising to deliver value in one year. The actual value of each PPS is equivalent to a PPA price of 32 cents per kilowatt-hour. When the sales window opens, investors from around the world buy each PPS for 30 cents EtainPower Platform. PPS is sold on the principle of "first purchase, first served", and EtainPower will give free EPR to investors based on the amount of PPS they purchase. When all 8 million PPS is sold out, the sales window will close.
After the sale event is over, PPS, along with free EPR, will be transferred to the investor wallet automatically. The project owner will donate the EtainPower platform 1% of the issued PPS, ie .80,000 PPS, which will be shared by all EPR holders. In addition, EtainPower will charge the company's solar power platform cost, and use some of the cost to buy EPR tokens back. All EPR tokens purchased will be distributed to the market for free. With the increasing number of financing projects on the EtainPower platform, its value
EPR token will increase.
One year later, solar projects begin to generate electricity, and solar companies receive 32 cents of revenues from local electric utilities for each kilowatt of electricity generated. Revenue will be automatically transferred to enable PPS investors and be used for all applications and services on the EtainPower Platform.
EtainPower Application Ecosystem
According to the project plan, the EtainPower ecosystem will include services other than renewable energy project financing. In the early stages, EtainPower will build the following application services on the platform, and PPS holders can use PPS to change the services of these applications. In the future, as the platform is recognized and appreciated by more people, EtainPower will add more app services based on user demand.
P2P Power Trade
P2P power trading will enable PPS holders to directly purchase electricity from nearby renewable energy producers lower than market prices. PPS holders can transfer PPS to renewable energy producers via the EtainPower Platform, and smart contracts will ensure that PPS holders can obtain the electrical services they purchase. For renewable energy producers, EtainPower's blockchain platform will allow them to sell excessive electricity to third parties directly, and reduce transaction costs to increase re-investment.
Rental of Electric Vehicles
PPS holders can complete the entire process of leasing electric vehicles on the EtainPower platform, from online ordering, retrieval, car return and lease payments. Throughout the process, no person from the company car rental is required, PPS holders can complete the entire process themselves. After the car is returned, the smart contract will automatically complete the transfer transaction. Electric Vehicle Charging This app allows PPS holders to charge their electric vehicles at each charging station in it. The EtainPower system. The EtainPower platform will manage meter readings, data collection, transaction tokens etc.
EtainPower will install power point controllers for PPS holders to monitor their electricity consumption. Transactions will be automatically resolved between PPS holders and electric utilities by using smart contracts. Power Transactions for Smart Microgrid EtainPower will enable renewable energy producers to build smart microchid based blockchain. All the power of transactions in smart microgrid will be resolved automatically through smart contract. PPS can be used by holders to purchase electricity directly from renewable energy producers.
EtainPower AI Grid In many countries, power grid infrastructure has been built for a long time, so its reliability and quality are not as good as it used to be. The distribution of aging and transmission infrastructure not only affects the stability, reliability, and safety of the grid system but also has difficulty to meet the ever increasing demand of renewable energy. With the rapid growth of renewable energy, electric utility operators today face increasing challenges to manage the grid. How to connect more renewable energy to the network, while at the same time ensuring stable grid operation and the balance between the power plant and the load become a critical issue.
Based on end-user power demand, EtainPower's smart grid technology will optimize power distribution to achieve effective optimization of power grid systems, reduce operating costs, minimize environmental impact, and maximize system reliability, flexibility, and stability. EtainPower will revolutionize the current fossil fuel-dependent power structures, solve global challenges of energy security, climate change, and growth.
A portion of the platform fee will be used by EtainPower to purchase EPR at market prices. EtainPower will distribute EPR purchased to the market for free. The EtainPower ecosystem has PPS application services such as P2P power trading, EV leasing, and charging etc. EtainPower charges an application service provider's fee to register their services within the ecosystem.
In the early stages, EtainPower excludes both due diligence fees and platform costs to attract more energy-renewable energy producers and application service providers to join our ecosystem. Plan and Milestone Project The short-term goal of EtainPower is to connect renewable energy producers with investors around the world through project financing platforms and helping renewable energy producers raise capital for construction projects in a decentralized, efficient, secure, and transparent way. In the long run, EtainPower is dedicated to improving existing power grids to connect more renewable energy to the power grid while maintaining operations secure, reliable, and stable network, and provide end-user power with high-quality power.
By integrating smart grid, blockchain, IoT and artificial intelligence technologies, EtainPower is committed to reforming the energy energy mix of existing industries and create a new generation of decentralized zero emission power lines. EtainPower has established links with the governments of Antigua and Barbuda and gained full support from the Prime Minister country for platform apps. The government realizes that heavy oil-based power plants today have caused serious pollution for local environmentalists and affected the tourism industry. Therefore, it is very important for the state to depend on the transition from petroleum power generation to renewable energy. The prime minister of Antigua and Barbuda pledged to provide the necessary support for achieving blockchain-based renewable energy
electric network.
Since the power grid in Antigua and Barbuda is small, improving the existing power grid is relatively easy. Small-scale electrical networks will make some space to adjust. Once the projects in Antigua and Barbuda are completed, EtainPower will apply this experience to other areas of rapid business expansion. In addition to Antigua and Barbuda, EtainPower is working with governments, power companies and other renewable energy producers in the Caribbean region on renewable energy financing. In addition, EtainPower also discussed with several nonprofit companies and organizations in East Africa, Southeast Asia, China and the United States.
Owners of the 300MW renewable energy project have agreed to finance the project on the EtainPower platform. The figure below shows EtainPower's plan to help finance renewable energy projects worldwide.
RISK AND DISCLAIMER WARNING
Systematic Risk Warning: Changes in income that may be caused by all common factors. This factor will affect the income of all securities in the same way. For example, policy risk - Currently, regulatory policies for blockchain project financing and token sales in many EtainPower: Blockchain-Based Energy Ecosystems Supported by AI 36 countries are unclear, and there is a particular possibility of losing participants due to policy reasons. If the overall value of the digital asset market is overvalued during market risk, then investment risks will increase and participants tend to foresee the unallocated volume of token sales volumes. Meanwhile, systematic risk also includes a series of force majeure factors, including but not limited to natural disasters, large-scale computer network faults
world, political unrest, etc.
Risk oversight does not exist : Digital asset transactions, including EPR, have very high uncertainties. Considering that the field of digital asset transactions lacks strict supervision, electronic tokens are faced with sudden and sharp increases and decreases, manipulation and manipulation of other risk bankers. As a result, individual participants are less likely to withstand the impact of assets and mental pressures caused by unstable markets if they lack experience after entering the market. Although academic experts and official media have given careful participation of suggestions, it is still difficult to avoid such risks effectively because the written regulatory methods and articles have not been enacted.
Official regulatory risks : It is undeniable that the provisions of the rules will apply to withhold future blockchain and electronic token money fields. If the regulatory body carries out normative management in this field, the token money purchased during the money-selling period token may be affected, including but not limited to fluctuations or restrictions in the aspect of easy pricing and sales.
Team Risk : Currently, there are many teams and projects in the field of blockchain, so the competition is very tight in the strong market and the pressure of project operations. Whether the EtainPower project can break through many outstanding projects and is widely recognized. It is not only related to the team's ability and vision planning, but also to many competitors in the market and even the oligarchs; In addition, there is also the possibility of facing a worrisome competition.
Project coordination and marketing risk : EtainPower's founding team will not seek to realize its development targets on white paper, and expand the project's growth spaces. Suppose that the project details are not obtained by the counterfeit money sale participants after the upgrade, or the public has little understanding of the project's latest progress, or the participants are not sufficient knowledge of the project under the influence of asymmetric information, the progress of project follow-up will be affected as white paper may be adjusted over time with enhanced project details
As EtainPower's official token, EPR is an essential tool for platform performance and not an investment product. Having EPR does not grant ownership, control or decision-making to its owner the power over the EtainPower platform. EPR as an encrypted token used in EtainPower does not fall into the following categories:
(a) any type of currency
hello friends .., best wishes to all of you who have visited and seen my composition,
this time I will discuss about Etain Power project,
EtainPower aims to solve the difficulties and challenges of the global power system:
1.EtainPower builds a blockchain-based renewable energy trading platform. Through intelligible chains and smart contracting technologies, EtainPower will certify renewable energy revenues and help renewable energy producers complete project financing. EtainPower will build a decentralized, fair and transparent financing environment, reduce financing costs while increasing efficiency for project financing, and therefore promote the development of renewable energy.
2.EtainPower will build an effective channel for global investors to access and invest in renewable energy projects, EtainPower will conduct due diligence to ensure project quality and benefit investors. The project investor can convert the energy token into an EtainPower or electric token or use an energy token to purchase services within the EtainPower ecosystem.
3. Furthermore, EtainPower will leverage AI technology to optimize renewable energy connection connections, making smart grid technology to facilitate the adoption of renewable energy, and improve the elasticity of the power grid. EtainPower provides many efforts to reform the traditional centralized power sector, connect renewable energy producers, , consumers and power grid operators in the global range to build a truly new AI energy ecosystem driven by blockchain
In the power sector, conventional fossil fuels are the resources people use to get electricity, but renewable energy has made rapid progress recently. In the regulated electricity market, utility companies monopolize the entire power supply chain in areas where they supply electricity, with businesses that include power generation, transmission, distribution and electricity sales. In the unregulated electricity market, the government does not allow power companies to cover the entire industrial chain, they must relinquish all ownership of the generation and transmission, and in general only responsible for power distribution, network operation, and maintenance, and billing of end-user electricity.
It is estimated that by 2020, the levelization costs of most renewable energy projects will be reduced to the level of fossil fuel power projects. Even without government subsidies, renewable energy projects can compete with conventional fossil fuel projects, from a cost perspective.
Project Financing Difficulties for Renewable Energy Producers
For most renewable energy producers, how to get enough capital needed for project development is the key to success. Renewable energy producers complete project financing primarily through debt from financial institutions such as banks primarily, or through obtaining government subsidies. The process of obtaining debt from institutional finance invariably involves a project review, which not only takes a long time but also is not transparent. Generally renewable energy producers have limited control over the process, and most of the time they must follow the arrangements of financial institutions. In addition, manufacturers need to provide some assets for the financial institutions for the mortgage, to obtain a loan. However, most of the renewable energy is small to medium size
Lack of Investment Channels and Return Risks for Investors
From an investment perspective, individuals who have capital and show interest in investing in renewable energy projects can be potential project investors. Many of these people want to contribute to improving the environment and mitigating global climate change through financial support provided to renewable energy projects. However, since no well-known project financing platform is available, most of these individuals have no channel for information on project financing to make the investment. Moreover, apart from the lack of information channels, most individuals do not have sufficient knowledge as well as background professionals in renewable energy to evaluate the project, and thus have concerns to make an investment.
Unlike conventional fossil fuel power projects, renewable energy projects are still immature and have reached the upper classes in just the last few years. For conventional fossil fuel power projects, investors have developed an integral assessment mechanism to make an evaluation. However, for renewable energy projects, the evaluation method is still under development, so many investors can not make assessments on risk and return projects. In addition, there is no effective way to monitor every piece of construction and operation, so investors have concerns that they can not get the expected return, and this is one of the common reasons that renewable energy projects can not complete financing. Other than that, Renewable energy investments are limited by geographic boundaries. Furthermore, if the investor uses fiat currency different from the local fiat currency of the project, the investor needs to exchange fiat currency, up to the amount set by the national foreign currency regulation exchange. Investors need to make efforts to manage the fiat currency exchange process and can survive
losses due to exchange rate fluctuations.
Current Power Network Facilities Need Upgrades. Power generation from renewable energy is not entirely predictable compared to conventional fossil fuel power plants. The connections of many renewable energy projects to the power grid will have a good impact on the stability of the electricity grid's operation and electrical quality. Unlike conventional fossil fuel power plants, electricity from renewable resources such as wind and solar is mainly determined by weather, and not controlled by humans. Therefore one can not predict the generation of energy very accurately, and thus increases the challenge for the power grid operator to make an instant response to the transmission of electricity and distribution. Apart from unstable power plants, a large number of renewable electrical connections to the power grid can also have an impact on frequency stability. When the grid connecting power frequency changes, the project will die grid and will not participate in the service of the power grid system.
the operation of the power grid will be challenged when there are no relevant systems and technologies as well as the range of safe operation to ensure the frequency of the connected power grid. Along with more EtainPower: Blockchain-Based Energy Ecosystem Supported by AI 9 and more renewable energy projects, especially the power lines of distributed power plants. The electrical network bears more pressure and the power grid operator needs to solve more problems. Consequently, many power grid operators will restrict the connection of renewable energy networks and resist the development of renewable energy projects to maintain stable operation of the power grid and reduce the potential impact of renewable energy network connections.
EtainPower Solution
The EtainPower team has decades of experience in the field of renewable energy and electrical network design and management. Inspired by the decentralization, transparency and democracy of blockchain, the EtainPower team is implementing the project with a view to resolving the financing difficulties of renewable energy projects. We will utilize AI and other technologies to minimize the impact of renewable energy network connections and improve the security and stability of network operations, to encourage the development and development of renewable energy projects.
EtainPoweris a blockchain-based transaction platform for renewable energy financing. Through platform energy producers can establish connections with global investors and complete project financing. EtainPower, use PPS for electricity payments, or use PPS to purchase other services within the EtainPower ecosystem. The EtainPower platform can simplify the financing process for renewable energy producers, so they do not have to rely on one or more investors to complete project financing. For most renewable energy. blockchain smart contracts, renewable energy producers and investors can quickly complete process financing, save costs and inconvenience to raise capital from conventional financial institutions. PPS for EPR through platforms, they can use PPS in the EtainPower ecosystem to get all kinds of services. EtainPower provides plenty of application views for PPS holders to use tokens.
Various PPS applications are helpful to increase investor participation and their adherence to EtainPowern ecosystems. PPS is not just a virtual currency and its real value equals the generation of renewable energy generation. The real value of PPS will be activated when a renewable energy project generates revenue. Enabling PPS can be used for all services in the EtainPower ecosystem.
There is a slight risk that PPS can not be enabled, because
1.Only renewable energy projects that have signed power purchase agreements (PPAs) with utility power companies or end users may be included on the EtainPower platform for financing;
2.EtainPower will define project selection criteria and ensure that only eligible projects can be financed;
3. Renewable energy producers need to authorize EtainPower to manage project revenue, so EtainPower can create revenue transactions and enable PPS value through smart contracts.
Intelligence Grid Power Vision EtainPoweris to build an operational, energy-based, smart power grid based on decentralization, transparency and zero-emission principles. EtainPower not only includes microgrid renewable energy and distributed power projects in the ecosystem, but also builds partnerships with utility power companies.
EtainPower will integrate technologies such as artificial intelligence, blockchain, IoT, and machine learning etc. to improve existing power grid facilities, optimize the operation of the power grid, and simplify power transactions. The enhanced power grid by EtainPower will be a more stable and smart system, which will optimize the power of renewable energy generation, manage end-user power consumption,
differences in renewable energy resources according to the characteristics and climatic conditions, the design strength of the grid plan suitable for local development. EtainPower will improve energy efficiency, increase renewable energy utilization, reduce dependence on fossil fuels such as diesel and heavy oil etc. and lower electricity costs for local power users. Based on the planning,
EtainPower will work with local electric utility companies to improve local electricity grid intelligence, increase adoption of renewable energy, and maintain energy supply. EtainPower will integrate blockchain into power grid operations. Under the power grid plan, EtainPower will help renewable energy producers complete project financing, and meanwhile allows power utility companies and end-user power to complete electrical transactions through smart contracts.
As for the urban complex, EtainPower will work with local renewable energy producers to optimize the allocation of distributed renewable energy projects, and integrate battery energy storage, artificial intelligence and IOT to build blockchain-based smart microgrids. Through the formation of smart microgrid, renewable energy producers can monitor power plants and load all facilities in urban complexes in real time. In the meantime, they can effectively manage the power supply and load side, to achieve automatic power distribution and distributed renewable energy generating transactions among buildings, reduce the demand for electricity networks during peak hours and achieve self-sufficiency in urban power
complex.
ETAINPOWER TECHNOLOGY Blockchain technology is an innovative Internet database technology. It is an independent, decentralized, verifiable, and permanent database that co-exist in multiple locations and shared by the community. By design, blockchain is inherently resistant to data interruptions. Because blockchain records can be openly seen by everyone on the platform, and everyone makes the appropriate records, once transactions take place on the platform, verified by everyone on the platform. Therefore, it is very difficult, and almost impossible, to falsify transaction records.
Unlike traditional contracts or agreements, Blockchain's intelligent contract defines the terms in coding, and can automatically confirm the application of the terms. In the process of defining terms and executions, no juridical entity, auditing organization or bank is involved, so smart contracts can simplify the transaction process and reduce transaction costs.
Why did we choose Blockchain?
differences in renewable energy resources according to the characteristics and climatic conditions, the design strength of the grid plan suitable for local development. EtainPower will improve energy efficiency, increase renewable energy utilization, reduce dependence on fossil fuels such as diesel and heavy oil etc. and lower electricity costs for local power users. Based on the planning,
EtainPower will work with local electric utility companies to improve local electricity grid intelligence, increase adoption of renewable energy, and maintain energy supply. EtainPower will integrate blockchain into power grid operations. Under the power grid plan, EtainPower will help renewable energy producers complete project financing, and meanwhile allows power utility companies and end-user power to complete electrical transactions through smart contracts.
As for the urban complex, EtainPower will work with local renewable energy producers to optimize the allocation of distributed renewable energy projects, and integrate battery energy storage, artificial intelligence and IOT to build blockchain-based smart microgrids. Through the formation of smart microgrid, renewable energy producers can monitor power plants and load all facilities in urban complexes in real time. In the meantime, they can effectively manage the power supply and load side, to achieve automatic power distribution and distributed renewable energy generating transactions among buildings, reduce the demand for electricity networks during peak hours and achieve self-sufficiency in urban power
complex.
ETAINPOWER TECHNOLOGY Blockchain technology is an innovative Internet database technology. It is an independent, decentralized, verifiable, and permanent database that co-exist in multiple locations and shared by the community. By design, blockchain is inherently resistant to data interruptions. Because blockchain records can be openly seen by everyone on the platform, and everyone makes the appropriate records, once transactions take place on the platform, verified by everyone on the platform. Therefore, it is very difficult, and almost impossible, to falsify transaction records.
Unlike traditional contracts or agreements, Blockchain's intelligent contract defines the terms in coding, and can automatically confirm the application of the terms. In the process of defining terms and executions, no juridical entity, auditing organization or bank is involved, so smart contracts can simplify the transaction process and reduce transaction costs.
Why did we choose Blockchain?
Traditional VC is familiar with conventional project financing. However, when it comes to larger-scale projects, such as public-sector projects, blockchain-based financing can bring more benefits.
Blockchain is revolutionizing project finance in many ways:
1. based on unmodified characteristics, blockchain technology can build investor confidence in the platform for the financing process.
2. in the token financing process, all details will be open, so the process of capital improvement is more transparent, and all investors will understand the situation.
Finally, all transactions will be monitored in real-time and recorded, and thus make it feasible to control the capital raising process. For this reason, we decided to choose blockchain as the base technology for the EtainPower platform. Generally, debt is the main method for financing renewable energy projects. Most of the time
the provider of debt is a financial institution such as a bank, or a private lender. However, both have geographic limitations. Renewable projects can not be financed if they are in a different region or country from which the financial institution or private lender is from. If the debt comes from a financial institution such as a bank, renewable energy producers need a long wait for approval.
EtainPower: Blockchain Based Energy Ecosystem Supported by AI 13
1.Transactions on the blockchain platform are limited to regional conditions. Renewable energy projects that need to be financed can build relationships with investors around the world finish financing.
2.Blockchain has decentralized characteristics, and the transaction process is not controlled by any party. All details will be exposed so that investors and borrowers can master every step associated with the transaction. And therefore, transparency and fairness of transactions can be improved.
3. Smart contracts and blockchain do not damage. When both parties reach agreement, the contract item is encoded into a smart contract, which is implemented automatically, so there is no need to worry about the breach of contract issue.
EtainPower Token Model
The EtainPower platform has two tokens: EPR (token platform) and PowerPoint (PPS, energy tokens), both tokens are shared in the AQ-supported blockchain energy ecosystem. Renewable energy producers can issue PPS and complete project financing through the EtainPower platform. The true value of PPS equals the price of electricity that manufacturers commit to provide in the future. During the funding phase of the project, renewable energy producers sell electricity to investors in the form of PPS, at a price lower than the real value. The value of PPS will be activated when the project generates.
How is PPS published?
When renewable energy producers plan to finance the project through the EtainPower platform, EtainPower will first conduct due diligence on the project. After a due diligence review, EtainPower will release the information to the public. The project producer will determine the window of PPS sales time (usually 1 to 2 weeks) to allow investors to buy PPS. In the early stages, EtainPower will work with renewable energy manufacturers to organize "buy PPS, get free EPR" events and motivate early adopter platforms while simultaneously accelerating project financing and facilitating project execution.
solar power companies' investments decided to sell future project revenues to complete project financing. After passing the due diligence, the solar company issued 8 million PPS through the EtainPower platform, promising to deliver value in one year. The actual value of each PPS is equivalent to a PPA price of 32 cents per kilowatt-hour. When the sales window opens, investors from around the world buy each PPS for 30 cents EtainPower Platform. PPS is sold on the principle of "first purchase, first served", and EtainPower will give free EPR to investors based on the amount of PPS they purchase. When all 8 million PPS is sold out, the sales window will close.
After the sale event is over, PPS, along with free EPR, will be transferred to the investor wallet automatically. The project owner will donate the EtainPower platform 1% of the issued PPS, ie .80,000 PPS, which will be shared by all EPR holders. In addition, EtainPower will charge the company's solar power platform cost, and use some of the cost to buy EPR tokens back. All EPR tokens purchased will be distributed to the market for free. With the increasing number of financing projects on the EtainPower platform, its value
EPR token will increase.
One year later, solar projects begin to generate electricity, and solar companies receive 32 cents of revenues from local electric utilities for each kilowatt of electricity generated. Revenue will be automatically transferred to enable PPS investors and be used for all applications and services on the EtainPower Platform.
EtainPower Application Ecosystem
According to the project plan, the EtainPower ecosystem will include services other than renewable energy project financing. In the early stages, EtainPower will build the following application services on the platform, and PPS holders can use PPS to change the services of these applications. In the future, as the platform is recognized and appreciated by more people, EtainPower will add more app services based on user demand.
P2P Power Trade
P2P power trading will enable PPS holders to directly purchase electricity from nearby renewable energy producers lower than market prices. PPS holders can transfer PPS to renewable energy producers via the EtainPower Platform, and smart contracts will ensure that PPS holders can obtain the electrical services they purchase. For renewable energy producers, EtainPower's blockchain platform will allow them to sell excessive electricity to third parties directly, and reduce transaction costs to increase re-investment.
Rental of Electric Vehicles
PPS holders can complete the entire process of leasing electric vehicles on the EtainPower platform, from online ordering, retrieval, car return and lease payments. Throughout the process, no person from the company car rental is required, PPS holders can complete the entire process themselves. After the car is returned, the smart contract will automatically complete the transfer transaction. Electric Vehicle Charging This app allows PPS holders to charge their electric vehicles at each charging station in it. The EtainPower system. The EtainPower platform will manage meter readings, data collection, transaction tokens etc.
EtainPower will install power point controllers for PPS holders to monitor their electricity consumption. Transactions will be automatically resolved between PPS holders and electric utilities by using smart contracts. Power Transactions for Smart Microgrid EtainPower will enable renewable energy producers to build smart microchid based blockchain. All the power of transactions in smart microgrid will be resolved automatically through smart contract. PPS can be used by holders to purchase electricity directly from renewable energy producers.
EtainPower AI Grid In many countries, power grid infrastructure has been built for a long time, so its reliability and quality are not as good as it used to be. The distribution of aging and transmission infrastructure not only affects the stability, reliability, and safety of the grid system but also has difficulty to meet the ever increasing demand of renewable energy. With the rapid growth of renewable energy, electric utility operators today face increasing challenges to manage the grid. How to connect more renewable energy to the network, while at the same time ensuring stable grid operation and the balance between the power plant and the load become a critical issue.
Based on end-user power demand, EtainPower's smart grid technology will optimize power distribution to achieve effective optimization of power grid systems, reduce operating costs, minimize environmental impact, and maximize system reliability, flexibility, and stability. EtainPower will revolutionize the current fossil fuel-dependent power structures, solve global challenges of energy security, climate change, and growth.
A portion of the platform fee will be used by EtainPower to purchase EPR at market prices. EtainPower will distribute EPR purchased to the market for free. The EtainPower ecosystem has PPS application services such as P2P power trading, EV leasing, and charging etc. EtainPower charges an application service provider's fee to register their services within the ecosystem.
In the early stages, EtainPower excludes both due diligence fees and platform costs to attract more energy-renewable energy producers and application service providers to join our ecosystem. Plan and Milestone Project The short-term goal of EtainPower is to connect renewable energy producers with investors around the world through project financing platforms and helping renewable energy producers raise capital for construction projects in a decentralized, efficient, secure, and transparent way. In the long run, EtainPower is dedicated to improving existing power grids to connect more renewable energy to the power grid while maintaining operations secure, reliable, and stable network, and provide end-user power with high-quality power.
By integrating smart grid, blockchain, IoT and artificial intelligence technologies, EtainPower is committed to reforming the energy energy mix of existing industries and create a new generation of decentralized zero emission power lines. EtainPower has established links with the governments of Antigua and Barbuda and gained full support from the Prime Minister country for platform apps. The government realizes that heavy oil-based power plants today have caused serious pollution for local environmentalists and affected the tourism industry. Therefore, it is very important for the state to depend on the transition from petroleum power generation to renewable energy. The prime minister of Antigua and Barbuda pledged to provide the necessary support for achieving blockchain-based renewable energy
electric network.
Since the power grid in Antigua and Barbuda is small, improving the existing power grid is relatively easy. Small-scale electrical networks will make some space to adjust. Once the projects in Antigua and Barbuda are completed, EtainPower will apply this experience to other areas of rapid business expansion. In addition to Antigua and Barbuda, EtainPower is working with governments, power companies and other renewable energy producers in the Caribbean region on renewable energy financing. In addition, EtainPower also discussed with several nonprofit companies and organizations in East Africa, Southeast Asia, China and the United States.
Owners of the 300MW renewable energy project have agreed to finance the project on the EtainPower platform. The figure below shows EtainPower's plan to help finance renewable energy projects worldwide.
RISK AND DISCLAIMER WARNING
Systematic Risk Warning: Changes in income that may be caused by all common factors. This factor will affect the income of all securities in the same way. For example, policy risk - Currently, regulatory policies for blockchain project financing and token sales in many EtainPower: Blockchain-Based Energy Ecosystems Supported by AI 36 countries are unclear, and there is a particular possibility of losing participants due to policy reasons. If the overall value of the digital asset market is overvalued during market risk, then investment risks will increase and participants tend to foresee the unallocated volume of token sales volumes. Meanwhile, systematic risk also includes a series of force majeure factors, including but not limited to natural disasters, large-scale computer network faults
world, political unrest, etc.
Risk oversight does not exist : Digital asset transactions, including EPR, have very high uncertainties. Considering that the field of digital asset transactions lacks strict supervision, electronic tokens are faced with sudden and sharp increases and decreases, manipulation and manipulation of other risk bankers. As a result, individual participants are less likely to withstand the impact of assets and mental pressures caused by unstable markets if they lack experience after entering the market. Although academic experts and official media have given careful participation of suggestions, it is still difficult to avoid such risks effectively because the written regulatory methods and articles have not been enacted.
Official regulatory risks : It is undeniable that the provisions of the rules will apply to withhold future blockchain and electronic token money fields. If the regulatory body carries out normative management in this field, the token money purchased during the money-selling period token may be affected, including but not limited to fluctuations or restrictions in the aspect of easy pricing and sales.
Team Risk : Currently, there are many teams and projects in the field of blockchain, so the competition is very tight in the strong market and the pressure of project operations. Whether the EtainPower project can break through many outstanding projects and is widely recognized. It is not only related to the team's ability and vision planning, but also to many competitors in the market and even the oligarchs; In addition, there is also the possibility of facing a worrisome competition.
Project coordination and marketing risk : EtainPower's founding team will not seek to realize its development targets on white paper, and expand the project's growth spaces. Suppose that the project details are not obtained by the counterfeit money sale participants after the upgrade, or the public has little understanding of the project's latest progress, or the participants are not sufficient knowledge of the project under the influence of asymmetric information, the progress of project follow-up will be affected as white paper may be adjusted over time with enhanced project details
As EtainPower's official token, EPR is an essential tool for platform performance and not an investment product. Having EPR does not grant ownership, control or decision-making to its owner the power over the EtainPower platform. EPR as an encrypted token used in EtainPower does not fall into the following categories:
(a) any type of currency
(b) securities
(c) equity in the law of stock entities, bonds, records, warrants, certificates or other instruments granting any rights whatsoever.
(d) Appreciation of the EPR depends on the discipline and market demands after the application landing. EPR tends to have no value; therefore, the team will refuse to make commitments or take responsibility for the rewards or consequences caused by increases and impairment of respective values.
To the extent permitted by applicable law, the team shall not be liable for damages and risks arising from participating in crowdfunding, including but not limited to direct or indirect personal damage, loss of commercial gain, loss of business information or other economic losses. The EtainPower platform will comply with regulatory rules and industry self-discipline declarations regarding the healthy development of the token money sales industry. Participants will be deemed to fully accept and comply with this inspection as long as they participate.
P2P power trading will enable PPS holders to directly purchase electricity from nearby renewable energy producers lower than market prices. PPS holders can transfer PPS to renewable energy producers via the EtainPower Platform, and smart contracts will ensure that PPS holders can obtain the electrical services they purchase. For renewable energy producers, EtainPower's blockchain platform will allow them to sell excessive electricity to third parties directly, and reduce transaction costs to increase re-investment.
Electric Vehicle Rental PPS holders can complete the entire electric vehicle rental process on the EtainPower platform, from online booking, retrieval, car return and lease payments. Throughout the process, no person from the company car rental is required, PPS holders can complete the entire process themselves. After the car is returned, the smart contract will automatically complete the transfer transaction.
Electric Vehicle Filling This application allows PPS holders to charge their electric vehicles at each charging station within the EtainPower Ecosystem. The EtainPower platform will manage meter readings, data collection, tokens
transactions etc.
(c) equity in the law of stock entities, bonds, records, warrants, certificates or other instruments granting any rights whatsoever.
(d) Appreciation of the EPR depends on the discipline and market demands after the application landing. EPR tends to have no value; therefore, the team will refuse to make commitments or take responsibility for the rewards or consequences caused by increases and impairment of respective values.
To the extent permitted by applicable law, the team shall not be liable for damages and risks arising from participating in crowdfunding, including but not limited to direct or indirect personal damage, loss of commercial gain, loss of business information or other economic losses. The EtainPower platform will comply with regulatory rules and industry self-discipline declarations regarding the healthy development of the token money sales industry. Participants will be deemed to fully accept and comply with this inspection as long as they participate.
P2P power trading will enable PPS holders to directly purchase electricity from nearby renewable energy producers lower than market prices. PPS holders can transfer PPS to renewable energy producers via the EtainPower Platform, and smart contracts will ensure that PPS holders can obtain the electrical services they purchase. For renewable energy producers, EtainPower's blockchain platform will allow them to sell excessive electricity to third parties directly, and reduce transaction costs to increase re-investment.
Electric Vehicle Rental PPS holders can complete the entire electric vehicle rental process on the EtainPower platform, from online booking, retrieval, car return and lease payments. Throughout the process, no person from the company car rental is required, PPS holders can complete the entire process themselves. After the car is returned, the smart contract will automatically complete the transfer transaction.
Electric Vehicle Filling This application allows PPS holders to charge their electric vehicles at each charging station within the EtainPower Ecosystem. The EtainPower platform will manage meter readings, data collection, tokens
transactions etc.
For more info on this project, please visit the link below:
Web page: https://etainpower.io
Twitter: https://Twitter.com/EtainPower_io
Telegram: https://t.Me/EtainPower_en
author: Cintia plug
my Bitcointalk link profile: https://bitcointalk.org/index.php?action=profile;u=1565176
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