What is Indigrid?

Indigrid is an open-source software platform that facilitates decentralized and transparent energy trading between producers, consumers, and prosumers of renewable energy. It creates a localized peer-to-peer marketplace that allows small-scale energy producers to sell their excess energy directly to consumers in their community.

At the core of Indigrid is a blockchain-based coordination mechanism that handles the energy trading transactions in a secure and tamper-proof manner. When an energy producer has excess energy to sell, they can list the availability along with the asking price on the Indigrid platform. Interested consumers can directly buy this energy through smart contracts executed on the blockchain.

Indigrid also features real-time analytics to visualize and optimize local energy distribution and coordination. It provides valuable insights into consumption patterns, pricing trends, peer reputations etc. that aid both producers and consumers. The transparent pricing allows consumers to buy renewable energy at cheaper rates compared to utilities while producers also gain by selling excess local energy.

By facilitating decentralized and transparent energy trade, Indigrid accelerates the adoption of renewable energy at community levels. Its open-source and interoperable nature also fosters collaborative development and innovation in the distributed energy ecosystem.

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