Quote from: lindeberg on January 07, 2018, 11:36:31 PM

Quote from: erichall on January 03, 2018, 07:03:02 PM

Quote from: CrytpoGod27 on January 03, 2018, 02:46:28 PM

Quote from: M_Haris on January 03, 2018, 11:02:38 AM

This thing is confusing ... How could you transfer electricity over the internet using a mobile app?

Technical details please.

Yes please this is like the 5th time this question has not been answered. How exactly does the electricity get transferred? Lets say someone is selling electricity in New York and I live in California. Step by step, how does this process work from the energy pool all the way to the power sockets in my house? The White Paper is very vague about this.

Please looking for answers and not just price speculation.

I think that - at least in Slovenia where they have the working product - it is traded via SNC and then sent via power company.

In spain the energy market is a shit and is in hands of big companies, but the law enforces to have two diferent markets, production and distrubution, when you have a contract for electricity actually you can chose betwen diferent companies because the grid is shared and small distribution companies can buy electricity to the big producers and sell to his clients, but anyway you have to pay the fixed term of power in the bill no matter the energy you use plus the energy you use.
electric bills are one of the highest in europe here
SNC just could work like one of the small distribution companies we have here (https://www.holaluz.com)
but paying in snc, but i dont know if big production companies (iberdrola, Fenosa) want to be paid in snc, can change it to euros before the pay

It's the same in Sweden.
We have electricity distributors and production. It sucks, you get two different bills unless you opt to get distribution from the producer, but it's not always the cheapest option.