I have some concerns:
1) How would you be able to comply with different government rules and regulations?
2) Volatility is an issue, how would you tackle that?
3) What kind of solutions would you be able to provide to a country like say India, who rely quite a bit on coal. Present a business case to me like I am in the Energy department. How would you convince me?
Hi there,
1) As a market matching bids and offers ZCP don't need to comply with government electricity market rules and regulations. For instance they don't need electricity supplier or retail licences. Obviously they will review and comply with standard commercial laws specific to different jurisdictions.
2) The charge is calculated in USD 1c/kWh and they pay in Energis.
So when the team receive the Energis on a day and then they use an exchange rate using a weighted average volume of Energis (NRG/USD) trades during the day. They manage a statement of account off blockchain initially.
The precise details our outlined in the Whitepaper here
https://www.zerocarbonproject.com/white-paper/3) In 2020 The Zero carbon Project plan to roll out thier regulated market solution in Inda which rewards consumers with Energis for purchasing carbon offsets against their consumption of fossil fuel electricity.