Wednesday, September 11, 2019

FRED ENERGY: Green energy project partnered with a blockchain-powered platform


Energy usage will be electric in the era we are headed to with the global energy usage estimated to grow by 30 percent by 2040, the major contributing factors being industrial and population growth in emerging economies with electricity being the largest consumer growth area.

Supply and demand will contribute millions of dollars to the energy elite, but there will be above inflation price increases for the end consumers. All of us will feel the overall effects but the elderly and low-income earners will be most vulnerable. The lack of ability to meet the growing energy costs will lead the above mentioned to fall into something called “fuel poverty.”

Fred Energy solution.


Fred Energy project, however, believes that such a cycle can be broken by reducing demand of energy at the consumer level, raising awareness on the merits of energy efficiency and encouraging consumers to generate their energy/electricity through alternative energy devices. The project is ethical and aims to achieve its objectives by taking part in green energy projects assisting in creating a cleaner and most importantly, greener future for generations to come.

Project Energise.


Project Energise will focus on increasing Electric Vehicle charging stations where there is a demand now and for the future. EV charging stations which are strategically situated can become community hubs, helping other service providers and the public. This community model will offer a central base and include a larger number of charge points allowing top-ups between jobs.

They will be partially or fully owned by Fred and will use an app-based PAYG scheme with the purpose of facilitating payments in local currency and usage of Fred Energy tokens. These stations will avail further possibilities of partnering with other blockchain-powered platforms that allow peer to peer renewable energy trading. Fred is looking forward to becoming a part of the global electric vehicle infrastructure market ecosystem which will be worth potentially 63 billion dollars by the year 2025.

Electric Vehicle charging stations market.

There is a massive investment into electric vehicles with manufacturers aiming for the faster adoption of greener transport. This rise will demand investment in the infrastructure and accessibility of charging stations. The big oil companies are already acquiring and diversifying majority of the established Charging Point Operators and even expanding infrastructures to handle the huge demand that is about to be experienced.

The big wigs have mainly been in the fast-charging sector, but the monopolization of any national charging network is an issue that should be highly considered. There is the need for smaller independents to make their way into the Electric Vehicles charging market to offer competition and seek innovative business models to meet the needs of consumers which are constantly evolving.

CONCLUSION.

The main goal of Fred energy is to become an independent CPO which will carry out research and identify evolving niche markets that are consumer-driven. This particular market of EV charging is quickly evolving, and there is great potential in it if the right business model is chosen. Fred Energy looks to deliver on their projects within twelve months after the end of the token sale.


Username : Ozie94
ETH : 0xDa2F65ea0ED1948576694e44b54637ebeCA22576

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