Fuse Energy has unveiled a groundbreaking initiative aimed at revolutionizing energy management. The Energy Network, a blockchain-based coordination layer, is set to transform how distributed energy resources and flexible demand are managed, and the publication demonstrates positive momentum in the developments.
The Energy Network Overview
The Energy Network connects millions of small energy assets, including home solar panels and smart electric vehicle chargers. This innovative approach is designed to alleviate stress on the grid and enhance reliability by facilitating better coordination among these resources.
Benefits of The Energy Network
By automating incentives for participation, The Energy Network seeks to lower peak energy prices and improve overall grid management. This development represents a significant leap forward in energy management technology, promising to create a more efficient and sustainable energy ecosystem.
Recently, Fuse Energy has been recognized for its innovative approach to electricity demand management through blockchain technology. For more details on this initiative, you can read the full article here.
