Energy Bazaar

Creating decentralised energy markets for emerging countries, where the ownership of solar panels is incentivised for prosumers and they can sell their own energy. Grid balancing can be done more efficiently by operators, making them more efficient. Consumers can buy energy for a fair price.

Long Description

We are changing the future of energy systems of emerging countries, by creating decentralised energy market. Increasing democratic energy access while innovating sustainably. We conclude that the following 3 pillars to energization should be followed to solve current days energy problem, while creating future’s systems:

Increase energy access
Democratise energy ownership
Maintain Sustainable Innovation and Development

Because of the decreasing costs of solar panels and rapid adoption of technology, consumers will become ‘prosumers’. They should be allowed to trade their energy for a fair price on a transparent marketplace. This is the platform what Energy Bazaar wants to provide: Easy access by allowing anyone to join the trading platform; Democratisation of the energy sector by creating a decentralised platform on blockchain for all involved parties on the energy market through blockchain technology; Ownership by creating the possibility for everybody to trade their generated energy on the platform using smart-meters; Sustainable innovation through the use of a self-developed framework for co-design and cooperation.

Energy Bazaar will provide a platform where all these factions can communicate, grow and trade together. Energy should be a right and not a privilege, and it will be our assignment to make it sustainable.