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HIVE POWER - Platform That Allows Users To Create Energy

What Is Hive Power

Hive Power is a spin-off funded at University of Applied Sciences and Arts of Southern Switzerland (SUPSI) in August 2017 by a team of researchers active in the field of electrical load management, as a part of Swiss national center for electrical infrastructure (SCCER-FURIES).
ABOUT
Hive Power developed a solution to create and control local local energy in blockchain, providing economic optimization for participants by reducing them and improving their assets. Working closely with meter manufacturers, Hive Power builds ready blockchain energy meters, enabling it to energize safely.

Vision

Providing the ability to create and manage electrical energy communities on the Ethereum blockchain is the vision of this. Hive Power lower the energy tariffs and reduce the payback time of renewable energy sources. As a service to system operators it allows selling flexibility to help them balancing the grid.

Hive Power Concept

Screenshot (65).png

How it works
Hive Power runs on the Ethereum blockchain, making use of multi-party off-chain channels for fast and cost-effective transactions. Energy transactions are paid with third-party stable tokens.

What makes Hive Power unique?

Differently from its competitors, in addition to the blockchain platform Hive Power also provides an efficient energy trading mechanism perfectly tailored to the use case of energy communities. The HONEY algorithm exploits customers’ flexibility to optimally match production and consumption, such that the community’s welfare is maximized and grid technical constraints are satisfied.

Revolutionary Protocol Features

  • Open Platform
    Hive Power platform is open to third-party hardware and software manufacturers
  • Grid Friendly
    The platform design complies with grid constraints on power quality, current limitation and peak shaving
  • Robust Market
    The market design enhances the cooperation between users, promoting the usage of solar energy and batteries
  • Microgrids
    Efficient integration of Hive Power platform in microgrids, enables safe operation and optimal asset management
Why Hive Power?
  • It enables the decentralized energy revolution
  • It guarantees benefits for consumers and producers
  • It enhances your local energy share
  • It increases electrical grid reliability
  • It optimizes your energy assets profitability
  • It promotes sustainable energy consumption

Hive Power App

Screenshot (67).png

Achievements

  • Demo Hive, the first testbed developed by our team and presented during the Energy Startup Day 2017 in Zurich, Switzerland on November 30th 2017
  • Winning the Pitch Competition held during the Blockchain2Business by Solarplaza conference

Hive management

In order to create a new Hive an administrator requires HVTs. The administrator needs to send the required HVTs to the Beekeeper Contract to open a Hive. The Beekeeper Contract performs a “burn and stake” operation on the HVTs received. 50% of the HVTs are “burned”, meaning taken permanently out of supply, and the other 50% are “staked” inside the contract. The burn function is a mechanism discourage a Hive Administrator from performing unnecessary Hive management operations.

Use cases


The Hive Power platform is used to optimize the behavior of workers and the management of energy produced by every node of the network. There are three main user cases for the platform.

• Self-consumption Communities (SCC) - Self-consumption Communities consist of a set of prosumers that exchange energy to maximize the group’s autarky. Electrical generators and consumers in this must be connected to low voltage feeders on the same substation. Condominium is an example of a SCC where the solar energy produced on the rooftop is consumed by the tenants.
• Micro-Grid - Micro-grids are groups of interconnected energy loads and distributed energy resources within clearly defined electrical boundaries as defined by United States Department of Energy. This acts as a single controllable entity with respect to the grid. There are two kinds of micro-grids which is operated within the Hive Power platform according to different smart-pricing schemes.
 Commercial and institutional (C&I) micro-grids
 Remote micro-grids
• Distribution Grid – the third is the low-voltage distribution grids. Here an entire geographical district is connected to the national medium-voltage grid, involving a few or possibly hundreds of prosumers with different profiles:
 Residential houses, with domestic energy loads and eventually controllable loads such as heat pumps and water boilers
 Commercial, such as offices, small shops and malls
 Industrial, with small factories consuming and producing a relevant quantity of energy

Hive Token (HVT)

ICO HivePower.Tech will start on June 11, 2018 and can be started with registration on ICO eidoo platform. Sales (54%), Founder (10%), Airdrops (3%) and Company (33%). Token allocation will be Research & Development (65%), extension (15%) and pilot project (20%). Soft cover 1M USD, and hard cover - 11M USD.
The site says they receive ETH (Ethereum) payments and rate 1 HVT = us $ 0.25. Hive Power Goods (HVT Coin) will be the emblem of the erc20 contract, which provides access to Hive management platforms and platforms.

ICO DETAILS:
  • SYMBOL : HVT
  • Total supply : 100,000,000
  • ICO supply : 50,000,000
  • Price : $0.25
  • Start Date : 11th June 2018
  • End Date : 30th June 2018
  • Soft Cap : $1,000,000
  • Hard Cap : $11,000,000
  • Accepted Currencies : ETH

Bonus
30% Royal Jelly 5'000'000 HVT 1 HVT = 0.192 USD
10% Honey 20'000'000 HVT 1 HVT = 0.227 USD
0% = Propolis 25'000'000 HVT 1 HVT = 0.250 USD

RoadMap
Team Success

If you know how to improve our community.
If you know how to spread information about us in this world.
If you have any ideas for other improvements, it is a privilege
If you all participate in our bounty.

More Information Visit The HIVE POWER Link:


ETH : 0x37B6953a3D9c40D5e40Dfc7DA2B8A58223b2a583


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