💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
Does Decentralization Energy Race (DER) have a chance? In-depth interpretation of current blue-chip projects.
Block chain technology and DePIN provide a key framework for Decentralization energy systems. This article introduces several key energy protocols that reflect notable progress in the Decentralization energy landscape. This article is sourced from the article "Decentralized Energy Protocols" by insights4.vc, compiled, translated, and written by PANews. (Background: Japan's TEPCO plans to mine BTC with excess electricity: successful profits will introduce more green energy mining) (Background: Promoting BTC's Green Mining"PayPal cooperates with EnergyWeb to propose a clean energy mining incentive plan) The energy landscape is undergoing a profound transformation, with global electricity demand expected to rise nearly twofold by 2040. This puts pressure on the aging centralized power grid. Traditional one-way power flow (from large centralized factories to end users) can no longer keep up with the complexity of modern energy demands, especially as renewable and Decentralization energy resources (DER) become an integral part of the energy mix. This year is a critical year for energy investment, with global spending expected to exceed $3 trillion, of which about $2 trillion will be spent on clean energy technology and infrastructure. Investment in renewable energy, grid upgrades, and storage is expected to exceed total spending on oil, gas, and coal for the first time. By 2030, renewable energy is expected to account for nearly 20% of global energy consumption, up from 13% in 2023, mainly due to advances in solar and wind power. The role of Decentralization energy resources (DER) Decentralization energy resources (DER), such as solar, wind, battery storage, and demand response technology, are reshaping the energy landscape by realizing Decentralization energy production and consumption. These innovations challenge the traditional central radiation model and require a transition to Decentralization bidirectional grids to accommodate the growing network of small producers and consumers. Although DERs offer higher efficiency and flexibility, their integration into grid management poses new complexities. Traditional grids lack the flexibility to handle dynamic interactions between multiple energy networks, especially the intermittency of renewable energy. Block chain and DePIN: a transformative solution Block chain technology and DePIN provide a key framework for Decentralization energy systems. The transparency and peer-to-peer energy trading capabilities of block chain enable energy producers and consumers to participate in more efficient and fair markets. Through smart contracts and tokenization, transactions are simplified, costs drop, and renewable energy generation and consumption are incentivized. In addition, the real-time data function of block chain enhances grid reliability by achieving precise supply-demand balance. The main advantages of block chain in decentralized energy networks Enhance grid efficiency and reliability: Local generation and storage can reduce transmission losses, while real-time verification of block chain can enhance grid stability and reduce power outages. Support for renewable energy integration: Block chain platforms coordinate the supply and demand between DERs, help manage the intermittency of renewable energy, and reduce dependence on fossil fuels. Empowering producers and consumers: Decentralized grids democratize the energy market, allowing consumers to monetize surplus energy, enhance energy independence, and drive competitive prices. Simplify Compliance and financing: The transparency of block chain simplifies regulatory reporting, and tokenization introduces new financing channels, attracting investment in renewable energy projects through tokens related to energy assets or environmental attributes. Decentralization of the grid is the key to promoting DER innovation. However, grid modernization remains a challenge, hindered by traditional infrastructure, lack of real-time data, and limited automation. The entire industry recognizes the need for transformation to meet rising energy demands, enhance flexibility, and extend services to underserved areas. Decentralization solutions address challenges in supply-demand balance, grid reliability, and rural access. However, achieving scalable impact requires significant capital and regulatory coordination. The following will explore several key energy protocols that reflect notable progress in the Decentralization energy landscape. Project Zero (developed by Fuse) Key points: Decentralization renewable energy network with integrated DER services Core team: Alan Chang (CEO), Charles Orr (COO) Financing (total financing: $90 million): Seed round: September 7, 2022; financing amount: $78 million; investors: Ribbit Capital, Accel, Balderton Capital (led), Lakestar (led), BoxGroup, Creandum, Lowercarbon Capital Strategic round: September 12, 2024; financing amount: $12 million; investors: Multicoin Capital (led), Anatoly Yakovenko Fuse, co-founded by former Revolut executives Alan Chang and Charles Orr, is addressing the energy crisis through vertically integrated, data-intensive renewable energy approaches. Leveraging their experience in expanding the Revolut ecosystem, Chang and Orr established Fuse to operate utility-scale solar and wind power plants, DER installation businesses, and as a regulated electricity supplier serving tens of thousands of UK households. Key data: Energy demand: Globally, an additional 4,000 TWh of generating capacity per year will be required over the next decade to meet energy demand - essentially rebuilding the US grid every year. Investment requirements: By 2030, $4 trillion in annual investment is critical to grid modernization and infrastructure. Fuse solves the inefficiencies in the traditional energy stack by establishing real-time data monitoring and vertically integrated energy production, distribution, and retail. Through Project Zero, Fuse incentivizes participants to shift energy consumption towards renewable energy, helping stabilize the grid and promote DER adoption. By integrating DER, Fuse can also operate as a virtual power plant (VPP), offering grid services that can generate up to $100,000 in revenue per MW, optimizing profitability while promoting renewable energy integration. Fuse surpasses traditional utilities through advanced data collection, real-time monitoring, and vertically integrated models. By leveraging DER, Project Zero, and real-time analytics, Fuse is committed to providing cleaner, cheaper energy while transforming the energy retail industry into a consumer-responsive ecosystem. Daylight Key points: Decentralization energy protocol Core team: Jason Badeaux (CEO), Dallas Griffin (COO), Udit Patel (CTO), Evan Caron (CSO) Financing: Series A financing: July 31, 2024; financing amount: $9 million; investors: Andreessen Horowitz (led), Framework Ventures, Lattice, Escape Velocity (EV3), Lerer Hippeau. Daylight...