Hive Power

Hive Power

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Created using Figma

Last Update

Apr 16, 2018

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.
Sale
Jun 12, 2018
Jun 30, 2018
100% completed
$54 462
hard cap
cap
goal
5% goal completed
Goal 1 000 000.00 USD
Cap 1 000 000.00 USD
Hard cap 11 750 000.00 USD
past
Token Details
Ticker
HVT
Accepted Currencies
ETH
Company Details
Registered Country
Switzerland
Additional Details
Platform
Ethereum
KYC
Yes
Categories
Platform, Energy

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.

 

Hive Power Roadmap

  • Q2 2018 Hive Power 1.0

  • The Hive will consist of single household Workers and multi-family buildings, coupled to a low voltage grid in Switzerland. The Queen will be operated by the local Distribution System Operator.
  • Q1 2019 Hive Power 2.0

  • Innovative features such as access to the flexibility market and real time operation will be implemented to improve economic and technical performance. A microgrid testbed will be set up in a developing country.
  • Q1 2020 Hive Power 3.0

  • The Hive capabilities will be extended through new features, such as investment pools, auto topology discovery, self-healing (fault detection) and multi-owner Hives.

Activity

Activity:
204
HIGH
Merit:
3
VERY LOW
Posts:
5 145
VERY HIGH
Views:
29 569
VERY HIGH
Users:
848
VERY HIGH
Followers:
1 593
LOW
Tweets:
281
MEDIUM
30 Days Growth:
Members:
163
VERY LOW
30 Days Growth:
2

Participation in events

Hive Power Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Gianluca Corbellini
CEO Co-founder
unverified
Davide Rivola
COO Co-founder
unverified
Vasco Medici
Solutions Architect Co-founder
unverified
Lorenzo Nespoli
Research Scientist Co-founder
unverified
Davide Strepparava
ICT & Blockchain Co-founder
unverified
Janine Videva
Community Manager
unverified
Elisa Battistella
Social Media Manager
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Gerardo Lecuona
Advisor
unverified
Barbara Antonioli Ma...
Advisor
unverified
Emanuele Cesena
Advisor
unverified
Arthur Gervais
Advisor
unverified
Rami Khalil
Advisor
unverified
Marco Merlo
Advisor
unverified
Roman Rudel
Advisor
unverified
3.61
stable
5.0 14
ICO Profile Vision Activity Potential Product Team

Hive Power Reviews

icocrunch.io
review

The Hive Power is a strong project that solves a specific and clear problem. Considering the current level of development of the market, a favorable moment has been chosen. The power sector is facing a paradigm change, moving from a centralized structure, with big power plants (hydro, coal, gas and nuclear), leading to a decentralized energy environment (DER), such as solar and wind.
The project has presented a quality Whitepaper. If you are an ICO-investor, we strongly recommend that you study it, at least you will enjoy it. In addition to the general description of the product, the sections that are usually left in the shadow are worked out in detail: security risks and anti-fraud mechanisms; the format and amount of information stored in the blockchain; the problem of utility-token volatility, etc.
The project has a working demo prototype (Demo Hive), where the key features are already implemented – the main nodes of the system and the modes of operation. The hardware of the prototype is emulated on Raspberry Pi 3.
The main version of the platform will be developed in three iterations. The first one is planned for Q2 2018, the last one will be implemented in Q1 2020. We consider the timeline as realistic, because it reflects the complexity of a project of this scale. This shows the experience, qualifications and maturity of the team one more time.
Telegram channel of the project has about 3500 subscribers.
Without a doubt, we give 5.0 to the project and wish the team good luck!

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