Binance Square
LIVE
TheKevin
@Kevin0113
区块链信息分享
Ακολούθηση
Ακόλουθοι
Μου αρέσει
Κοινοποιήσεις
Όλο το περιεχόμενο
LIVE
--
ccarbon X (Twitter): https://x.com/ccarbonWorld Telegram Channel (English): https://t.me/ccarbonWorld Telegram Group: https://t.me/ccarbon_World Official website and get the App: https://ccarbon.world

ccarbon

X (Twitter): https://x.com/ccarbonWorld
Telegram Channel (English): https://t.me/ccarbonWorld
Telegram Group: https://t.me/ccarbon_World
Official website and get the App: https://ccarbon.world
Reducing AI's Environmental Impact: ccarbon Foundation's Strategies for AI CompaniesAs AI technology rapidly advances, it is projected that by 2026, AI training will require ten times the current computing power, leading to a significant increase in energy and water consumption. Research indicates that running a large AI model can generate more emissions over its lifetime than an average car. A Goldman Sachs report predicts a 160% increase in power demand from AI applications by 2030. Despite these environmental challenges, AI holds the potential to drive sustainability by addressing complex problems, enhancing climate change understanding, and supporting the transition to renewable energy. Efficient AI Model Selection AI operations can be divided into three stages: training, tuning, and inferencing. Sustainable practices can be adopted at each stage. Opting for foundation models rather than creating new ones from scratch can significantly reduce energy costs, as these models can be customized quickly and efficiently. Additionally, choosing appropriately sized models is crucial; smaller models trained on high-quality data can be more efficient than larger ones. Research by IBM shows that smaller models can achieve performance comparable to larger models while consuming less energy. ccarbon Foundation exemplifies effective model selection. By using foundation models tailored for environmental data analysis, such as tracking glacier melting and bird migration patterns, ccarbon ensures that its AI tools are both energy-efficient and impactful. This approach helps ccarbon minimize energy consumption while optimizing the effectiveness of its environmental analyses. Thoughtful Processing Locations A hybrid cloud strategy provides flexibility in processing locations, which can reduce energy use. Processing can occur either in the cloud or on-premises, depending on specific needs. This method helps reduce data transfer and allows the use of renewable energy for processing. It is also essential to use only the required processing power. IBM has demonstrated this by optimizing its AI workloads, reducing standby computing power from 23 GPUs to 13 GPUs, thereby lowering energy consumption without compromising performance. ccarbon's global network of foundation partners is crucial in addressing cloud computing power transfer issues. ccarbon employs a hybrid cloud strategy, selecting data centers powered by renewable energy and strategically positioning processing tasks to minimize data transfer distances. They also carefully adjust processing requirements to avoid over-provisioning, ensuring efficient use of computing resources. This meticulous approach helps ccarbon reduce its environmental footprint while maintaining high-performance standards in AI operations. Thoughtful Processing Locations A hybrid cloud strategy provides flexibility in processing locations, which can reduce energy use. Processing can occur either in the cloud or on-premises, depending on specific needs. This method helps reduce data transfer and allows the use of renewable energy for processing. It is also essential to use only the required processing power. IBM has demonstrated this by optimizing its AI workloads, reducing standby computing power from 23 GPUs to 13 GPUs, thereby lowering energy consumption without compromising performance. ccarbon's global network of foundation partners is crucial in addressing cloud computing power transfer issues. ccarbon employs a hybrid cloud strategy, selecting data centers powered by renewable energy and strategically positioning processing tasks to minimize data transfer distances. They also carefully adjust processing requirements to avoid over-provisioning, ensuring efficient use of computing resources. This meticulous approach helps ccarbon reduce its environmental footprint while maintaining high-performance standards in AI operations. Embracing Open Source Open-source projects promote collaboration and innovation. Initiatives like Kepler help developers estimate their code's energy consumption, fostering more efficient practices. Open source allows leveraging collective knowledge to improve existing AI models, reducing the need for new, energy-intensive models. This approach not only supports cost-effective innovation but also provides flexibility and transparency. ccarbon actively engages with and contributes to open-source projects focused on AI energy efficiency. By sharing their advancements and collaborating with the broader community, ccarbon helps develop tools that make AI more sustainable. Integrating open-source solutions enhances transparency and reduces development and operational costs, aligning with ccarbon's mission to promote environmentally friendly and economically viable solutions. ccarbon Foundation's Efforts ccarbon Foundation is committed to balancing the ecological impact of the carbon credit market by integrating AI and machine learning into its FinTech operations. Additionally, machine learning is applied in optimizing financial management within the carbon credit market, providing viable solutions to manage climate change costs. Through these strategies, ccarbon responsibly leverages AI technology to address climate change and environmental challenges, exploring and providing solutions for the cost impacts of environmental effects for AI and tech giants. [For more information, please follow ccarbon Other social platforms and apps](https://www.binance.com/en/square/post/12456657415521) #ccarbon #ai #CryptoMarketMoves #TechnicalAnalysiss #IBM

Reducing AI's Environmental Impact: ccarbon Foundation's Strategies for AI Companies

As AI technology rapidly advances, it is projected that by 2026, AI training will require ten times the current computing power, leading to a significant increase in energy and water consumption. Research indicates that running a large AI model can generate more emissions over its lifetime than an average car. A Goldman Sachs report predicts a 160% increase in power demand from AI applications by 2030. Despite these environmental challenges, AI holds the potential to drive sustainability by addressing complex problems, enhancing climate change understanding, and supporting the transition to renewable energy.

Efficient AI Model Selection
AI operations can be divided into three stages: training, tuning, and inferencing. Sustainable practices can be adopted at each stage. Opting for foundation models rather than creating new ones from scratch can significantly reduce energy costs, as these models can be customized quickly and efficiently. Additionally, choosing appropriately sized models is crucial; smaller models trained on high-quality data can be more efficient than larger ones. Research by IBM shows that smaller models can achieve performance comparable to larger models while consuming less energy.

ccarbon Foundation exemplifies effective model selection. By using foundation models tailored for environmental data analysis, such as tracking glacier melting and bird migration patterns, ccarbon ensures that its AI tools are both energy-efficient and impactful. This approach helps ccarbon minimize energy consumption while optimizing the effectiveness of its environmental analyses.

Thoughtful Processing Locations
A hybrid cloud strategy provides flexibility in processing locations, which can reduce energy use. Processing can occur either in the cloud or on-premises, depending on specific needs. This method helps reduce data transfer and allows the use of renewable energy for processing. It is also essential to use only the required processing power. IBM has demonstrated this by optimizing its AI workloads, reducing standby computing power from 23 GPUs to 13 GPUs, thereby lowering energy consumption without compromising performance.
ccarbon's global network of foundation partners is crucial in addressing cloud computing power transfer issues. ccarbon employs a hybrid cloud strategy, selecting data centers powered by renewable energy and strategically positioning processing tasks to minimize data transfer distances. They also carefully adjust processing requirements to avoid over-provisioning, ensuring efficient use of computing resources. This meticulous approach helps ccarbon reduce its environmental footprint while maintaining high-performance standards in AI operations.

Thoughtful Processing Locations
A hybrid cloud strategy provides flexibility in processing locations, which can reduce energy use. Processing can occur either in the cloud or on-premises, depending on specific needs. This method helps reduce data transfer and allows the use of renewable energy for processing. It is also essential to use only the required processing power. IBM has demonstrated this by optimizing its AI workloads, reducing standby computing power from 23 GPUs to 13 GPUs, thereby lowering energy consumption without compromising performance.
ccarbon's global network of foundation partners is crucial in addressing cloud computing power transfer issues. ccarbon employs a hybrid cloud strategy, selecting data centers powered by renewable energy and strategically positioning processing tasks to minimize data transfer distances. They also carefully adjust processing requirements to avoid over-provisioning, ensuring efficient use of computing resources. This meticulous approach helps ccarbon reduce its environmental footprint while maintaining high-performance standards in AI operations.

Embracing Open Source
Open-source projects promote collaboration and innovation. Initiatives like Kepler help developers estimate their code's energy consumption, fostering more efficient practices. Open source allows leveraging collective knowledge to improve existing AI models, reducing the need for new, energy-intensive models. This approach not only supports cost-effective innovation but also provides flexibility and transparency.
ccarbon actively engages with and contributes to open-source projects focused on AI energy efficiency. By sharing their advancements and collaborating with the broader community, ccarbon helps develop tools that make AI more sustainable. Integrating open-source solutions enhances transparency and reduces development and operational costs, aligning with ccarbon's mission to promote environmentally friendly and economically viable solutions.

ccarbon Foundation's Efforts
ccarbon Foundation is committed to balancing the ecological impact of the carbon credit market by integrating AI and machine learning into its FinTech operations. Additionally, machine learning is applied in optimizing financial management within the carbon credit market, providing viable solutions to manage climate change costs.
Through these strategies, ccarbon responsibly leverages AI technology to address climate change and environmental challenges, exploring and providing solutions for the cost impacts of environmental effects for AI and tech giants.

For more information, please follow ccarbon Other social platforms and apps

#ccarbon #ai #CryptoMarketMoves #TechnicalAnalysiss #IBM
Goldman Sachs: European Carbon Market Poised for Historic Turning PointEasing Energy Inflation to Boost CCT's Underlying Asset Prices In recent years, the European carbon market has risen to become a global pioneer in carbon trading. The EU has been actively promoting a green transition, setting a target to reduce emissions by at least 55% by 2030. By gradually reducing the supply of allowances in the Emissions Trading System (ETS), the EU is pushing key industries to accelerate decarbonization. This strategy has already yielded significant results. Data shows that since the launch of the EU ETS in 2005, emissions from companies covered by the system have decreased by 41%, leading to a 28% reduction in the EU's overall emissions. Additionally, the EU continues to expand the coverage of the ETS, recently including shipping companies, further advancing the decarbonization process. The rise of the European carbon market and the EU's proactive actions in carbon reduction have created multiple opportunities for ccarbon Lab and the Global Carbon Credit Token (CCT). As the EU carbon market continues to evolve, the demand for related education and training is also increasing. Since its inception in 2019, the ccarbon team has been dedicated to carbon industry research and related vocational education. The lab provides specialized training and certification courses in carbon asset management, helping businesses and individuals understand and adapt to these new market rules and opportunities. This educational and training component is also the foundation upon which the ccarbon team established the ccarbon Global Carbon Asset Climate Fintech Lab, the ccarbon App, and the Global Carbon Asset Digital Token, CCT. Moreover, the introduction of CCT can seamlessly integrate into education and training in the future, especially in carbon asset trading, carbon fintech, and the development of related derivatives, allowing participants to gain a deeper understanding and application of digital carbon asset management. According to Goldman Sachs, as the EU strives to achieve its net-zero emissions target, the European carbon market is poised for a significant leap forward. In the coming years, the price of EU carbon credits is expected to rise substantially, potentially reaching €150 per ton by 2030. This trend will not only greatly enhance the value of carbon offset projects but also present unprecedented opportunities for the entire carbon offset market. CCT, as a global digital carbon asset token, is continuously adding various carbon assets as underlying assets while becoming a new tool for carbon trading in the market. It provides a standardized method for simplifying international carbon asset transactions and improving transaction efficiency. As CCT's fintech technology develops, the liquidity it provides to major international carbon markets will continue to increase. In turn, the expected growth in the size of the primary underlying carbon asset markets and carbon asset prices is a significant positive for CCT's development. The stable growth of the EU carbon market presents enormous opportunities for investors. The ccarbon climate fintech team is also set to launch innovative carbon financial products, attracting global investors to participate in carbon market investments. At the same time, this will also provide funding support for new carbon reduction technologies and projects, further driving green innovation in Europe and globally. Besides ccarbon, major Wall Street giants are also entering this blue ocean market. JPMorgan Chase has committed to investing over $200 million in purchasing carbon reduction credits and providing financing to carbon capture companies. In 2023, JPMorgan Chase purchased 800,000 tons of carbon reduction credits from multiple startups, marking the second-largest transaction in the history of this emerging industry, equivalent to offsetting the annual emissions of approximately 160,000 passenger cars. As the carbon market rapidly develops, the potential of the voluntary carbon offset market will be further unleashed, with businesses and individuals becoming more proactive in participating in carbon offset transactions, locking in costs early to hedge against future carbon price increases. Furthermore, JPMorgan Chase has announced its participation in the Frontier carbon reduction alliance, which includes giants like Alphabet (Google's parent company) and Meta. New members Autodesk, H&M Group, JPMorgan Chase, and Workday have also pledged to purchase a total of $100 million worth of permanent, high-quality carbon reduction products over the next eight years, bringing Frontier's total pre-commitment purchase amount to over $1 billion. By seizing these opportunities, CCT can not only secure a significant position in the European carbon market but also empower global carbon finance participants to directly engage in and promote carbon reduction and sustainable development. This approach is particularly aimed at balancing the potentially unfair rules in the carbon asset market between developed and developing countries, empowering disadvantaged groups through fintech to address the potential “middle-income trap” at the national or corporate level, and becoming a key force in leading the global carbon market. Recently, the ccarbon App has nearly completed the Beta testing phase. As the ccarbon team prepares to participate in major global exhibitions, they will introduce the brand-new ccarbon App to the public. Simultaneously, the CCT's RWA-powered derivatives will be released in limited quantities soon. Stay tuned! [For more information, please follow ccarbon](https://www.binance.com/en/square/post/12456657415521) #ccarbon #GoldManSachs #JPMorgan #Alphabet #RWA!

Goldman Sachs: European Carbon Market Poised for Historic Turning Point

Easing Energy Inflation to Boost CCT's Underlying Asset Prices

In recent years, the European carbon market has risen to become a global pioneer in carbon trading. The EU has been actively promoting a green transition, setting a target to reduce emissions by at least 55% by 2030. By gradually reducing the supply of allowances in the Emissions Trading System (ETS), the EU is pushing key industries to accelerate decarbonization. This strategy has already yielded significant results. Data shows that since the launch of the EU ETS in 2005, emissions from companies covered by the system have decreased by 41%, leading to a 28% reduction in the EU's overall emissions. Additionally, the EU continues to expand the coverage of the ETS, recently including shipping companies, further advancing the decarbonization process.
The rise of the European carbon market and the EU's proactive actions in carbon reduction have created multiple opportunities for ccarbon Lab and the Global Carbon Credit Token (CCT). As the EU carbon market continues to evolve, the demand for related education and training is also increasing. Since its inception in 2019, the ccarbon team has been dedicated to carbon industry research and related vocational education. The lab provides specialized training and certification courses in carbon asset management, helping businesses and individuals understand and adapt to these new market rules and opportunities. This educational and training component is also the foundation upon which the ccarbon team established the ccarbon Global Carbon Asset Climate Fintech Lab, the ccarbon App, and the Global Carbon Asset Digital Token, CCT. Moreover, the introduction of CCT can seamlessly integrate into education and training in the future, especially in carbon asset trading, carbon fintech, and the development of related derivatives, allowing participants to gain a deeper understanding and application of digital carbon asset management.
According to Goldman Sachs, as the EU strives to achieve its net-zero emissions target, the European carbon market is poised for a significant leap forward. In the coming years, the price of EU carbon credits is expected to rise substantially, potentially reaching €150 per ton by 2030. This trend will not only greatly enhance the value of carbon offset projects but also present unprecedented opportunities for the entire carbon offset market.
CCT, as a global digital carbon asset token, is continuously adding various carbon assets as underlying assets while becoming a new tool for carbon trading in the market. It provides a standardized method for simplifying international carbon asset transactions and improving transaction efficiency. As CCT's fintech technology develops, the liquidity it provides to major international carbon markets will continue to increase. In turn, the expected growth in the size of the primary underlying carbon asset markets and carbon asset prices is a significant positive for CCT's development.
The stable growth of the EU carbon market presents enormous opportunities for investors. The ccarbon climate fintech team is also set to launch innovative carbon financial products, attracting global investors to participate in carbon market investments. At the same time, this will also provide funding support for new carbon reduction technologies and projects, further driving green innovation in Europe and globally.
Besides ccarbon, major Wall Street giants are also entering this blue ocean market. JPMorgan Chase has committed to investing over $200 million in purchasing carbon reduction credits and providing financing to carbon capture companies. In 2023, JPMorgan Chase purchased 800,000 tons of carbon reduction credits from multiple startups, marking the second-largest transaction in the history of this emerging industry, equivalent to offsetting the annual emissions of approximately 160,000 passenger cars. As the carbon market rapidly develops, the potential of the voluntary carbon offset market will be further unleashed, with businesses and individuals becoming more proactive in participating in carbon offset transactions, locking in costs early to hedge against future carbon price increases.
Furthermore, JPMorgan Chase has announced its participation in the Frontier carbon reduction alliance, which includes giants like Alphabet (Google's parent company) and Meta. New members Autodesk, H&M Group, JPMorgan Chase, and Workday have also pledged to purchase a total of $100 million worth of permanent, high-quality carbon reduction products over the next eight years, bringing Frontier's total pre-commitment purchase amount to over $1 billion.
By seizing these opportunities, CCT can not only secure a significant position in the European carbon market but also empower global carbon finance participants to directly engage in and promote carbon reduction and sustainable development. This approach is particularly aimed at balancing the potentially unfair rules in the carbon asset market between developed and developing countries, empowering disadvantaged groups through fintech to address the potential “middle-income trap” at the national or corporate level, and becoming a key force in leading the global carbon market.
Recently, the ccarbon App has nearly completed the Beta testing phase. As the ccarbon team prepares to participate in major global exhibitions, they will introduce the brand-new ccarbon App to the public. Simultaneously, the CCT's RWA-powered derivatives will be released in limited quantities soon. Stay tuned!

For more information, please follow ccarbon

#ccarbon #GoldManSachs #JPMorgan #Alphabet #RWA!
Join ccarbon at the NovaX Global Investmatch Carnival in Hong Kong on Aug 28th — 29th!Visit ccarbon at Booth 3E26, where ccarbon will offer you an unparalleled carbon asset management experience! Together, let's build a “Healthier Planet, Healthier Finance!” We will be showcasing how blockchain technology and Decentralized Physical Infrastructure Networks (DePIN) can enable transparent and efficient management of carbon assets at the event. Visitors will have the opportunity to experience our platform firsthand and learn how decentralized technology can transform sustainable actions by individuals and businesses into tangible rewards. Various smart shoes empowered by ccarbon's carbon asset technology will also be on display. These shoes are equipped with carbon asset certification chips, featuring reusable materials and ionized health fabrics. Users can earn carbon assets by tracking their steps, which replace high-carbon travel methods. We will demonstrate how daily activities can generate on-chain personal carbon assets, contributing to individual carbon reduction. Additionally, we will offer special carbon asset benefits to attendees who check in at the event! Don't forget to follow ccarbon's official account for more detailed information! We look forward to seeing you in Hong Kong and exploring the endless possibilities of the Web3 era together! [For more information, please follow ccarbon on](https://www.binance.com/en/square/post/12456657415521) #ccarbon #CryptoMarketMoves #HongKong2024 #DePIN. #Web3Eco

Join ccarbon at the NovaX Global Investmatch Carnival in Hong Kong on Aug 28th — 29th!

Visit ccarbon at Booth 3E26, where ccarbon will offer you an unparalleled carbon asset management experience! Together, let's build a “Healthier Planet, Healthier Finance!”

We will be showcasing how blockchain technology and Decentralized Physical Infrastructure Networks (DePIN) can enable transparent and efficient management of carbon assets at the event. Visitors will have the opportunity to experience our platform firsthand and learn how decentralized technology can transform sustainable actions by individuals and businesses into tangible rewards.
Various smart shoes empowered by ccarbon's carbon asset technology will also be on display. These shoes are equipped with carbon asset certification chips, featuring reusable materials and ionized health fabrics. Users can earn carbon assets by tracking their steps, which replace high-carbon travel methods. We will demonstrate how daily activities can generate on-chain personal carbon assets, contributing to individual carbon reduction.
Additionally, we will offer special carbon asset benefits to attendees who check in at the event! Don't forget to follow ccarbon's official account for more detailed information!
We look forward to seeing you in Hong Kong and exploring the endless possibilities of the Web3 era together!

For more information, please follow ccarbon on

#ccarbon #CryptoMarketMoves #HongKong2024 #DePIN. #Web3Eco
Negative Electricity Prices?: Challenges and Opportunities in Energy ManagementDue to a surge in solar power generation, Europe has seen a record high in the duration of negative electricity prices this year. In the first five months of this year, during periods of low electricity demand, several major European economies experienced record-breaking zero or negative wholesale electricity prices. According to data from the European Power Exchange (Epex), the Dutch electricity market hit a startling low of -739.96 euros per megawatt-hour at one point during the first five months of this year. Consulting firm Enappsys pointed out that the Dutch grid suddenly saw an influx of 16 gigawatts of renewable electricity, but local demand and export capacity could not fully absorb this amount of power. This situation has far exceeded expectations, and it is anticipated that the market may frequently encounter similar occurrences. A report from Imperial College London indicated that the UK experienced 214 hours of negative electricity prices in 2023, averaging over half an hour each day. In other words, the root cause is the intermittency of renewable energy generation, leading to periodic oversupply of electricity. Regions with a high proportion of renewable energy, such as Northern Europe and Germany, are most prone to negative electricity prices. The emergence of negative prices is mainly due to the rapid growth of renewable energy penetration, insufficient flexibility in power systems to adjust power sources, and the lack of storage facilities. Moreover, traditional power plants incur significant resource consumption each time they shut down and restart generators, so they prefer to encourage their customers to consume excess electricity at lower prices rather than halt production. However, negative electricity prices do not mean that users can “use electricity for free” or “earn money from electricity bills.” The European Power Exchange primarily serves as a wholesale trading platform between power plants and electricity retailers, and the prices reflect wholesale rates, while ordinary consumers typically pay higher retail rates. The emergence of negative prices has also accelerated capital market investments in urgently needed storage solutions. The International Energy Agency (IEA) emphasized the urgent need for energy storage in its annual report. The report stated, “If developers do not co-locate wind and solar PV farms with battery storage or other flexible energy solutions, their potential revenues during peak generation periods may decline, affecting profitability and hindering investment.” In the capital market, the occurrence of negative prices does not necessarily imply “unfair competition.” When there are tax credit subsidies, negative prices may be reasonable. For renewable energy sources with near-zero operating costs and per-unit subsidies, even negative bids can still recover marginal costs. To make room for renewable energy, companies like Electricité de France SA, RWE AG, and Vattenfall sometimes reduce generation or even shut down plants. By lowering generation costs and promoting investments in battery storage technology, the future development of the clean energy sector will be propelled, providing strong momentum for the gradual replacement of traditional energy with clean energy. In the context of frequent negative electricity prices, the ccarbon Foundation generates carbon points through the collection and analysis of users' low-carbon behaviors in daily life, providing economic incentives. The electricity generated by small solar and wind generators is also included in the scope of ccarbon's certifiable low-carbon behaviors. Additionally, as a participant in the climate tech finance industry, ccarbon balances interests between individual energy consumers and institutions through profitable transactions in the wholesale electricity market, further promoting a societal shift toward low-carbon living. The ccarbon Foundation actively explores the application of blockchain technology in clean energy, particularly in the innovation of real-world asset (RWA) tokenization and decentralized finance (DeFi) services. Our goal is to ensure the security and compliance of clean energy assets, mitigating uncertainties and risks in the clean energy market. We are also committed to developing and trading carbon offset projects, helping businesses and society achieve carbon neutrality. The occurrence of negative prices provides new opportunities for promoting carbon offset projects. The frequent appearance of negative electricity prices brings new challenges and opportunities to the electricity market. Although the current power system faces adjustment inadequacies when dealing with large amounts of renewable energy, this also provides a significant boost to the development of storage technologies. In the future, the ccarbon Foundation will continue to explore feasible solutions for the gradual replacement of traditional energy with clean energy, achieving sustainable economic and industrial development. Together, let's make a difference for a sustainable future. [For more information, please follow ccarbon Other social platforms and apps](https://www.binance.com/en/square/post/12456657415521) #ccarbon #carbontrading #carbonassets #RAW #DEFİ

Negative Electricity Prices?: Challenges and Opportunities in Energy Management

Due to a surge in solar power generation, Europe has seen a record high in the duration of negative electricity prices this year. In the first five months of this year, during periods of low electricity demand, several major European economies experienced record-breaking zero or negative wholesale electricity prices.
According to data from the European Power Exchange (Epex), the Dutch electricity market hit a startling low of -739.96 euros per megawatt-hour at one point during the first five months of this year. Consulting firm Enappsys pointed out that the Dutch grid suddenly saw an influx of 16 gigawatts of renewable electricity, but local demand and export capacity could not fully absorb this amount of power. This situation has far exceeded expectations, and it is anticipated that the market may frequently encounter similar occurrences.
A report from Imperial College London indicated that the UK experienced 214 hours of negative electricity prices in 2023, averaging over half an hour each day. In other words, the root cause is the intermittency of renewable energy generation, leading to periodic oversupply of electricity.
Regions with a high proportion of renewable energy, such as Northern Europe and Germany, are most prone to negative electricity prices. The emergence of negative prices is mainly due to the rapid growth of renewable energy penetration, insufficient flexibility in power systems to adjust power sources, and the lack of storage facilities.
Moreover, traditional power plants incur significant resource consumption each time they shut down and restart generators, so they prefer to encourage their customers to consume excess electricity at lower prices rather than halt production.
However, negative electricity prices do not mean that users can “use electricity for free” or “earn money from electricity bills.” The European Power Exchange primarily serves as a wholesale trading platform between power plants and electricity retailers, and the prices reflect wholesale rates, while ordinary consumers typically pay higher retail rates.
The emergence of negative prices has also accelerated capital market investments in urgently needed storage solutions. The International Energy Agency (IEA) emphasized the urgent need for energy storage in its annual report. The report stated, “If developers do not co-locate wind and solar PV farms with battery storage or other flexible energy solutions, their potential revenues during peak generation periods may decline, affecting profitability and hindering investment.”
In the capital market, the occurrence of negative prices does not necessarily imply “unfair competition.” When there are tax credit subsidies, negative prices may be reasonable. For renewable energy sources with near-zero operating costs and per-unit subsidies, even negative bids can still recover marginal costs.
To make room for renewable energy, companies like Electricité de France SA, RWE AG, and Vattenfall sometimes reduce generation or even shut down plants. By lowering generation costs and promoting investments in battery storage technology, the future development of the clean energy sector will be propelled, providing strong momentum for the gradual replacement of traditional energy with clean energy.
In the context of frequent negative electricity prices, the ccarbon Foundation generates carbon points through the collection and analysis of users' low-carbon behaviors in daily life, providing economic incentives. The electricity generated by small solar and wind generators is also included in the scope of ccarbon's certifiable low-carbon behaviors. Additionally, as a participant in the climate tech finance industry, ccarbon balances interests between individual energy consumers and institutions through profitable transactions in the wholesale electricity market, further promoting a societal shift toward low-carbon living.
The ccarbon Foundation actively explores the application of blockchain technology in clean energy, particularly in the innovation of real-world asset (RWA) tokenization and decentralized finance (DeFi) services. Our goal is to ensure the security and compliance of clean energy assets, mitigating uncertainties and risks in the clean energy market. We are also committed to developing and trading carbon offset projects, helping businesses and society achieve carbon neutrality. The occurrence of negative prices provides new opportunities for promoting carbon offset projects.
The frequent appearance of negative electricity prices brings new challenges and opportunities to the electricity market. Although the current power system faces adjustment inadequacies when dealing with large amounts of renewable energy, this also provides a significant boost to the development of storage technologies. In the future, the ccarbon Foundation will continue to explore feasible solutions for the gradual replacement of traditional energy with clean energy, achieving sustainable economic and industrial development.
Together, let's make a difference for a sustainable future.

For more information, please follow ccarbon Other social platforms and apps

#ccarbon #carbontrading #carbonassets #RAW #DEFİ
ccarbon Foundation's Statement on the Crisis in BangladeshThe Bullets Flying in Bangladesh, The Gunshots Echoing in Our Ears For the past month, the echoes of gunfire have reverberated across Bangladesh as student protesters and security forces face an escalating standoff. The violent clashes have tragically resulted in at least 146 fatalities. With approximately one-fifth of the population facing unemployment, the protesters are demanding the establishment of a fair merit-based recruitment system to ensure equal opportunities for all. As one of the countries most affected by climate change, Bangladesh frequently confronts threats from natural disasters such as floods and storms. The ccarbon Foundation, in close collaboration with the ccarbon Bangladesh node, has been dedicated to researching sustainable development and economic incentives. The widespread power outages and internet disruptions caused by this crisis have posed significant challenges to the ccarbon Bangladesh node. However, within a week, we successfully contacted every manager and volunteer within the Bangladesh node to confirm their safety. The ccarbon Foundation is committed to providing essential support to our local members during this period of social instability in Bangladesh, addressing external risks, and safeguarding basic human rights. Members of the ccarbon Bangladesh node have expressed their determination to continue their local economic experiments and assist the government in addressing employment issues within the framework of sustainable development. As experts in global carbon asset management, the ccarbon Foundation is deeply integrated into the sustainable finance (ReFi) movement, offering sustainable development solutions to individuals, businesses, and economies. Our mission is to promote environmental protection, assist emerging economies in combating climate change, and drive sustainable development. We provide advanced technology, equipment, and solutions to help developing countries adopt clean energy, energy-saving, and environmental protection technologies early in their industrial development stages. The ccarbon Foundation calls on all parties to seek peaceful resolutions while respecting the right to life of all individuals, to collectively face challenges, and to promote sustainable development. Join us in contributing to a greener future for the world. Together, let's make a difference for a sustainable future. [For more information, please follow ccarbon Other social platforms and apps](https://www.binance.com/en/square/post/12456657415521) #ccarbon #carbontrading #carbonassets #Bangladesh #ReFi

ccarbon Foundation's Statement on the Crisis in Bangladesh

The Bullets Flying in Bangladesh, The Gunshots Echoing in Our Ears

For the past month, the echoes of gunfire have reverberated across Bangladesh as student protesters and security forces face an escalating standoff. The violent clashes have tragically resulted in at least 146 fatalities. With approximately one-fifth of the population facing unemployment, the protesters are demanding the establishment of a fair merit-based recruitment system to ensure equal opportunities for all.
As one of the countries most affected by climate change, Bangladesh frequently confronts threats from natural disasters such as floods and storms. The ccarbon Foundation, in close collaboration with the ccarbon Bangladesh node, has been dedicated to researching sustainable development and economic incentives. The widespread power outages and internet disruptions caused by this crisis have posed significant challenges to the ccarbon Bangladesh node. However, within a week, we successfully contacted every manager and volunteer within the Bangladesh node to confirm their safety.
The ccarbon Foundation is committed to providing essential support to our local members during this period of social instability in Bangladesh, addressing external risks, and safeguarding basic human rights. Members of the ccarbon Bangladesh node have expressed their determination to continue their local economic experiments and assist the government in addressing employment issues within the framework of sustainable development.
As experts in global carbon asset management, the ccarbon Foundation is deeply integrated into the sustainable finance (ReFi) movement, offering sustainable development solutions to individuals, businesses, and economies. Our mission is to promote environmental protection, assist emerging economies in combating climate change, and drive sustainable development. We provide advanced technology, equipment, and solutions to help developing countries adopt clean energy, energy-saving, and environmental protection technologies early in their industrial development stages.
The ccarbon Foundation calls on all parties to seek peaceful resolutions while respecting the right to life of all individuals, to collectively face challenges, and to promote sustainable development. Join us in contributing to a greener future for the world.
Together, let's make a difference for a sustainable future.

For more information, please follow ccarbon Other social platforms and apps

#ccarbon #carbontrading #carbonassets #Bangladesh #ReFi
Εξερευνήστε τα τελευταία νέα για τα κρύπτο
⚡️ Συμμετέχετε στις πιο πρόσφατες συζητήσεις για τα κρύπτο
💬 Αλληλεπιδράστε με τους αγαπημένους σας δημιουργούς
👍 Απολαύστε περιεχόμενο που σας ενδιαφέρει
Διεύθυνση email/αριθμός τηλεφώνου

Τελευταία νέα

--
Προβολή περισσότερων
Χάρτης τοποθεσίας
Cookie Preferences
Όροι και Προϋπ. της πλατφόρμας