Description
Nodal Power merges blockchain technology with renewable energy, creating a decentralized platform on the Ethereum network for direct energy trading. This innovative platform facilitates the sale of excess energy from small to medium-sized renewable resources, such as solar panels and wind turbines, to consumers or businesses, leveraging smart contracts for secure transactions, automation of settlement processes, and ensuring traceability and integrity. Beyond its blockchain-based marketplace, Nodal Power uniquely contributes to cleaner energy distribution by utilizing landfill biogas to produce renewable energy. This approach not only repurposes underutilized gas but also supports the operation of the world's first off-grid datacenter in Utah, powered by landfill gas at scale for Bitcoin mining. Additionally, Nodal Power supplies renewable baseload power to the Texas grid, with both grid-tied and off-grid projects underway. Key offerings include peer-to-peer energy trading, automated settlements, and a focus on sustainability and democratization of energy markets, aligning closely with the web3 and blockchain ecosystem's ideals of transparency and decentralization.
Nodal Power merges blockchain technology with renewable energy, creating a decentralized platform on the Ethereum network for direct energy trading. This innovative platform facilitates the sale of excess energy from small to medium-sized renewable resources, such as solar panels and wind turbines, to consumers or businesses, leveraging smart contracts for secure transactions, automation of settlement processes, and ensuring traceability and integrity. Beyond its blockchain-based marketplace, Nodal Power uniquely contributes to cleaner energy distribution by utilizing landfill biogas to produce renewable energy. This approach not only repurposes underutilized gas but also supports the operation of the world's first off-grid datacenter in Utah, powered by landfill gas at scale for Bitcoin mining. Additionally, Nodal Power supplies renewable baseload power to the Texas grid, with both grid-tied and off-grid projects underway. Key offerings include peer-to-peer energy trading, automated settlements, and a focus on sustainability and democratization of energy markets, aligning closely with the web3 and blockchain ecosystem's ideals of transparency and decentralization.
