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Democratizing renewable energy sharing

Democratizing renewable energy sharing

Written by Alex Bausch, Executive Chairman, 2Tokens.org*

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Jonny Fry
Sep 17, 2024
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Democratizing renewable energy sharing
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The concept of fractional ownership of solar parks fosters an ecosystem where multiple investors hold ownership of tokenized solar panels within a park. Initially, these tokens are offered by the asset manager, creating opportunities for widespread community participation in renewable energy generation and, thus, laying the foundations for a more decentralized energy system that transforms citizens into prosumers - both producers and consumers - within energy communities. Democratizing energy sharing within a community not only accelerates solar adoption but also helps lower consumer energy bills, reduce energy poverty and improve energy security and independence. By empowering citizens to take greater control of electricity generation, it transforms them into active participants in the energy transition. This citizen-driven approach to energy transition, supported by fractional ownership of solar parks, presents a pathway to mitigating global warming. By adopting and implementing pro…

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