The KWHCoin Renewable Energy Network is please to announce the organization becoming a participating member in the Green Button Data Alliance.
What is the Green Button Data Alliance?
The Green Button initiative is an industry-led effort to respond to a White House call-to-action to provide electricity customers with easy access to their energy usage data in a consumer-friendly and computer-friendly format. The Green Button now also supports Natural Gas- and Water-use data in-addition to Electricity however the KWHCoin network will focus on the energy usage data of renewable energy sources.
“We are very excited as a team and as a community to become a participating member in the Green Button Data Alliance. The Green Button initiative focuses on building a standard that enables home owners and property managers to have easy access to electricity usage data from an energy service provider. This directly correlates with our mission to empower the edges of the grid so our Green Button Data Alliance participation only strengthens the application of our strategy,” states KWHCoin CEO, Girard Newkirk.
Why is Green Button data access so important?
Awareness: To enable end users (consumers of electricity, natural gas, and water) to change behaviors associated with usage, those end users must be aware of their use and their patterns of use. To do that, they need access to their usage data. Once they have access, they can take-action to reduce their overall usage, determine if solar might be right for them, allow companies and apps to assist in understanding where improvements (e.g., insulation, UV glazings, new appliances, LED lighting, low-flow showerheads) may be able to help them, and even be able to save money where time-of-use (TOU) pricing for electricity provides incentives for off-peak shifting of energy consumption.
Mitigation: Aside from the end users’ benefits, there may be societal and environmental benefitsto these reductions and peak-shaving actions, where climate-change mitigation starts from measuring one’s impact in order to begin making those changes — whether manually or by automation. Enough collective shifting of use from peak hours of the day may enable a utility to avoid use of diesel generators to make-up the difference. That may reduce costs for the utility and reduce charges to the end users — all while benefiting the environment.
“The Green Button partnership directly aligns us with core values and mission to empower the edges of the grid (the smaller distributed energy resources like solar panels and electric vehicles) enabling their energy usage data to provide the platform for renewable energy generation and distribution. Our blockchain will leverage this data as foundation for our ecosystem to deploy the internet of energy and build data footprints for ancillary services in mature markets,” said CEO Girard Newkirk.
“This is another strategic step in KWHCoin deploying our unique business model which allows energy usage data paired with blockchain technology securing and verifying transactions to enable the development of an ecosystem which empowers a sustainable energy future advancing renewable generation sources,” said Newkirk.
Read more about the Green Button Data Alliance at the website linked here.