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Hive Power

Hive Power

Decentralized Energy Communities

Website

Hive Power develops a turnkey solution for the creation and management of local energy communities on the blockchain, providing an economic optimization for their participants by lowering their bills and valorizing their assets. In collaboration with meter producers, Hive Power is building a blockchain ready energy meter, which allows to safely tokenize energy. Differently from its competitors, in addition to the blockchain platform Hive Power also provides an efficient energy trading mechanism perfectly tailored to the use case of energy communities. The HONEY algorithm exploits customers’ flexibility to optimally match production and consumption, such that the community’s welfare is maximized and grid technical constraints are satisfied.

About Hive Power

Achievements 

  • Demo Hive, the first testbed developed by our team and presented during the Energy Startup Day 2017 in Zurich, Switzerland on November 30th 2017
  • Winning the Pitch Competition held during the Blockchain2Business by Solarplaza conference

Vision

Our vision is to provide everyone with the possibility to create and manage electrical energy communities on the Etherum blockchain, creating a world of shared energy for a brighter future.

The power sector is facing a paradigm change, moving from a centralized approach with big power plants (hydro, coal, gas and nuclear) leading the energy market to a decentralized scenario adopting distributed energy resources (DER), such as solar and wind.

We believe that the future electrical grid should be characterized by an increase of energy sharing between prosumers, consumers and electric utilities, optimizing the energy resource and the usage of the infrastructure. In several countries, the current unbundled situation allows the end-users to freely choose their energy supplier. In this context, enabling technologies like blockchain, and more specifically Ethereum, will allow decentralized prosumers to safely buy and sell electricity to each other at negligible marginal costs.

The Team and the Project 

Hive Power is a spin-off funded at University of Applied Sciences and Arts of Southern Switzerland (SUPSI) in August 2017 by a team of researchers active in the field of electrical load management, as a part of Swiss national center for electrical infrastructure (SCCER-FURIES). Hive Power develops a platform, which is running entirely on a public blockchain. Our goal is to create energy sharing communities where all participants have a guaranteed economic benefit. In contrast to other energy sharing market schemes, the Hive Power platform is designed to take into account technical aspects of the grid, such as the power quality standards in the distribution grid.

 

The Team

Gerardo Lecuona

Power Electronics Industry

Barbara Antonioli Mantegazzini

Energy Economics

Emanuele Cesena

Cryptography & Security

Arthur Gervais

Blockchain and Off-chain Scalability

Rami Khalil

Off-chain Payment Networks

Marco Merlo

Electrical Grids

Roman Rudel

Energy Policies

Gianluca Corbellini

CEO Co-founder

Davide Rivola

COO Co-founder

Vasco Medici

Solutions Architect Co-founder

Lorenzo Nespoli

Research Scientist Co-founder

Davide Strepparava

ICT & Blockchain Co-founder

Janine Videva

Community Manager

Elisa Battistella

Social Media Manager

Financials

Token Info

Platform Type
ERC20
Price in ICO
1 HVT = 0.25 USD
Tokens for sale
100,000,000

Investment Info

Distributed in ICO
50%

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