1. Empowering Households
Case 1: Empowering Households with Energy Monetization
Overview
With the rise of distributed renewable energy generation, households equipped with solar panels, wind turbines, or other clean energy sources can now monetize their excess energy using the Edma Network. By tokenizing surplus electricity into Energy Tracking Tokens (ETT), homeowners can generate passive income while contributing to a sustainable energy economy.
🔹 How It Works
1. Energy Production & Tokenization
Households generate renewable energy using solar panels, wind turbines, or other sources.
IoT-enabled smart meters track real-time energy production and transmit verified data to the Edma blockchain.
Edma’s smart contracts mint ETT tokens based on the recorded energy output (1 ETT per 10 kWh of energy produced).
2. Selling ETT on the Edma Marketplace
Homeowners list their ETT tokens on the Edma Marketplace, setting a price in EDUSD or CLE.
Buyers, such as corporations, ESG investors, or individuals, purchase these tokens to offset their carbon footprint or comply with sustainability regulations.
Transactions are automated via smart contracts, ensuring secure and transparent exchanges.
3. Converting ETT to Carbon Credits or Renewable Energy Certificates (RECs)
Homeowners have the option to convert ETT into certified sustainability assets such as:
Carbon Credit NFTs (CBNFTs) for environmental offsetting.
Renewable Energy Certificates (RECs) to validate green energy consumption.
Certificates of Origin (ECO NFTs) proving the renewable source of energy.
These assets can be sold to corporations aiming for ESG compliance.
4. Staking & Additional Earnings
Homeowners can stake their earnings in CLE or EDM tokens, earning passive yield rewards.
CLE tokens can be used for green purchases, EV charging, and energy-efficient appliances.
🔹 Key Benefits
✅ Monetize Renewable Energy – Turn excess solar/wind energy into financial assets. ✅ Passive Income – Earn revenue from selling ETT or staking CLE tokens. ✅ ESG & Carbon Offset Compliance – Buyers gain verifiable proof of clean energy consumption. ✅ Blockchain Transparency – Immutable energy data tracking ensures credibility. ✅ Decentralized Energy Economy – Reduces reliance on centralized energy markets.
🚀 Edma enables households to become active participants in the renewable energy market, turning energy independence into a profitable venture!
Last updated