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New Energy Network Ecology NENchain

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Peter Kim
New Energy Network Ecology NENchain

As a distributed shared database technology, blockchain technology has been successfully applied in various fields. The decentralization, transparency, fairness and openness of blockchain technology are consistent with the energy Internet concept, and its application in the new energy Internet will further promote the construction of the energy Internet.
NEN Chain is a value chain that focuses on proving blockchains in a new energy field.



NEN Chain is based on the blockchain chain bottom technology new energy network technology features:
1) The blockchain and the energy Internet all reflect the idea of decentralization. Therefore, in the NEN Chain blockchain system, there is no centralized database, each node holds all the information of the blockchain, and the rights and obligations are equal; the distributed energy and microgrid in the energy Internet will become an important part. "Consumer is the producer", emphasizing the equal sharing of energy among individuals.

2) The blockchain and the new energy Internet all reflect the autonomy of autonomy. Therefore, the NEN Chain blockchain system is operated and maintained by all nodes in the network, and there is no unified management mechanism; the self-scheduling and ecological operation of the system is emphasized in the new energy Internet.

3) Blockchain and new energy Internet can promote the establishment of marketization and financialization platform. The use of blockchain technology in the NEN Chain blockchain system can establish a fair and open market mechanism and serve the trading of other financial products well. The new energy Internet emphasizes the establishment of an open energy market and will also promote energy. The formation of financial derivatives.

4) Blockchain and new energy Internet have a trend of intelligence and contract. In the NEN Chain blockchain system, the contract execution can be automated and intelligent through smart contracts or “programmable NEC”; there will be a large number of intelligent transmission, transmission, distribution, use and energy storage devices in the new energy Internet. A series of smart contracts guarantee the automatic execution of transactions in the energy system.

 

NEN Chain New Energy Network Blockchain System Features:
1) Operational ecology. The distributed information system matches the electrical resources in the power grid system. The user voluntarily joins the maintenance of the grid system platform, and the rights and obligations are equal, which ensures the decentralized attribute of the system platform; the open information release and trading platform is easy to access. Facilitate the aggregation of more new energy resources;

2) Workload certification is fair. The various resources that make up the grid system, such as distributed energy storage, elastic load, etc., contribute to the energy system, that is, the workload can be publicly and fairly certified according to established rules, ensuring the rational distribution of the interests of each participant, and stimulating their participation in the auxiliary service market. Enthusiasm;

3) Smart contracting. The grid system and the distributed energy sign smart contracts related to the distribution of benefits. Once the conditions for the realization of the smart contract are met, the blockchain system will automatically execute the contract and complete the distribution of benefits in the grid system. The distribution of distributed energy benefits in the grid system is fair and efficient, and the cost of credit is reduced; all transactions are built on the blockchain system. The clearing of transactions in the entire system is shared by all the nodes in the system, and the cost is low, eliminating the centralization mechanism with expensive transaction procedures;

4) Information transparency. The power resources of the grid system have obtained open market information on the information platform. The open and transparent information platform not only helps the distributed power source to find the optimal grid system to join, but also provides pricing reference between different grid systems, motivating them to reduce costs and promote market competition.

 


According to industry analysts: NEN Chain New Energy Internet is a product of new energy integration, information physics integration and multi-market integration, which will profoundly affect the future of new energy production, transmission, storage and consumption, and promote the efficiency of energy production. Clean. The construction of new energy Internet has the introduction of new technologies and the penetration of new ideas. In particular, blockchain technology, as a new database technology, is in line with the value chain construction of NEN Chain New Energy Internet because of its decentralization, openness and transparency. It will promote the construction of global new energy Internet and promote world energy and Economic transformation to achieve clean, low carbon and sustainable development.

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Peter Kim
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