Here is a post I made on another similar project. Decentralization on the grid will never work for the following reason. Some of the facts could be beyond the scope for the project, but most of them apply.
Do Not Risk a Penny on this
Here is why:
1. This is not a new idea. I work for a utility company and we have been investing billions in microgrid projects. This is exactly what it is. You create a local community / local grid, where people can support each others energy demands. The only exception here is that they are creating a decentralized buying/selling system.
BUT utility companies are never going to allow this, because it does not pay to maintain the traditional grid infrastructure.
There are already laws in place for exactly this reason, that people cannot sell their electricity to other people directly.
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This is why some of use have been asking for clarity on how the national grid works with SNC. I also think they won't allow suncontracts to work through the grid unless they are given a cut to help with maintenance. These energy companies would surely prefer cash rather than SNC thereby complicating things further.
Can anyone offer clarity on
exactly how the national grid will work with SunContract? This Q has been avoided and should be answered before the ICO. I'd like to invest but can't see it working without the national grid getting on board.