Powering the World. Meeting the Thirst. The Energy-Water nexus.
Peregrine Energy, includes a project by Dr Chris French, who along with his team at the University of Newcastle upon Tyne, is involved in designing intelligent microgrid systems for peer-to-peer (P2P) sales of renewable energy (such as solar and wind) in communities around the United Kingdom.
Such a system enables communities to buy and sell energy among themselves while reducing their reliance on the main grid, which may be more expensive due to transmission costs over long distances. Another benefit is that main grid outages will not affect the community as much, since intelligent microgrids will allow communities to be as self-sustaining in energy as possible.
Users may view on a mobile app the available capacity of renewal energy sources, buy and sell prices, etc. For example, it is now possible to sell one’s excess solar energy at the market rate to neighbours while away on holiday (instead of selling at a much lower price back to utility companies). Environmentally conscious individuals will be glad to know that blockchain allows verification of energy sources (certificates of origin), e.g. whether it is from renewables.
The common blockchain ledger provides transparency and incorruptibility, and being a single accounting source, avoids the needs for reconciliation and settlement between parties. Use of the PER currency such as to represent kilowatt-hours, may serve as an internal unit of account, hence reducing transaction costs, while smart contracts automatically determine pay-outs and revenue to the company.
Our other areas of interest include:
- Electric powered vehicle hybrids - ready to deploy anywhere in the world from cars to utility vehicles with high range up to 400 miles per charge. dApp for buses is a key area of interest.
- Decentralised Power Storage for homes and commercial premises where people can buy cheap power during off-peak hours and use during peak hours. Unused power may also be sold to the grid giving financial returns to owners.
- Powering street lights along motorways without cables. Current power laying costs run at some $12000 per 40 feet. Using rechargeable battery systems retrofitted into lighting systems gives workable solutions. Carillion, the operator of the M40 and M1 Motorways in the United Kingdom are considering battery powered systems using low tariffs.
The Peregrine Business Network is looking for new innovative partners, those who share our vision for a more sustainable world. Get in touch with us at email@example.com to discuss your opportunity.
Solar and Wind Power Solutions Renewable energy is sustainable with shorter paybacks today. The biggest opportunities are in ENERGY STORAGE.
Solar, Wind, Nuclear, Wave, Tidal, Hydro & power storage solutions... you name it, we do it lead by Dr. Chris French, MSc. PhD - Chartered Electrical Engineer.
Societies will transform if we can help supply water to mitigate the burden of thirst.