Voltreum - On a mission to accelerate the transition to a borderless and decentralized energy ecosystem.

Welcome to Voltreum

Volt-X, is a blockchain-based peer-to-peer (P2P) platform for transparent energy trading across power grids, including smart microgrids and localized distribution networks, with a clear focus on fair pricing.

#Voltreum #Blockchain #Energytrading #P2Ptrading

Introduction to Voltreum Energy Trading Platform

Voltreum provides a decentralized solution for smart microgrids and enables various entities to trade energy easily and on-demand. It also gamifies the bi-directional trading process to motivate prosumers to save energy and money.

The Volt-X application and VOLT hold the key to true borderless and decentralized energy trading between smart grid-enabled individuals, companies, neighborhoods, and even countries. With Volt-X, energy exchange won’t be limited by geographical borders. The solution can be rolled out globally with zero dependencies on geographical location or geography-limited factors. It will allow energy-deficit entities to efficiently meet their requirements and energysurplus entities to monetize their excess energy and avoid wastage. 

Furthermore, the energy exchanged will be renewable and clean. Voltreum, Volt-X, and VOLT will incorporate solar, wind, water, and other renewable energy sources on the same microgrid, thus facilitating the shift to clean energy available on demand.

Over time, Voltreum and VOLT will bring transparency and equitability into RE trading over microgrids. They will accelerate the global move towards sustainable, clean energy and stave off the damaging effects of climate change on the planet.

Decarbonization

Leverage clean and renewable energy sources to fuel your energy consumption

Digitization

Remodel your energy needs by employing cutting-edge smart meters with 100% accuracy

Decentralization

Become self-sufficient by transitioning to decentralized grids and always have reliable power

Democratization

Save, share or sell the energy at your disposal. Democratize energy, energize the future

Who will benefit from Voltreum

Utility companies

• Compliance with Renewable Purchase Obligations (RPOs).

• Reduce carbon emissions and achieve carbon neutrality.

• Reduce transmission and distribution (T&D) losses.

• Expand capacity utilization without major/new infrastructure investments.

• Energy arbitrage through peak/off-peak demand management

Commercial & Industrial (C&I) consumers

• Lower energy costs.

• Lower burden of high tariffs for cross-subsidization.

• Opportunities to sell excess energy to other C&Is or residential units.

Residential units 

• Lower energy costs.

• Better control over energy expenditures.

• Direct energy purchases from C&Is or other residential.

• Less dependence on the tariffs and energy controls implemented by

private/state-owned utility companies.

P2P Energy Trading and Volt-X Market Mechanism

A P2P energy trading system allows users in a smart grid to trade renewable energy with each other for profit. Thus, users with insufficient power can meet their demand by buying energy from users with a surplus. In reality, many users are unwilling to engage in energy trade if it is not beneficial, i.e., not profitable. Privacy concerns also prevent them from sharing their private information with other prosumers, thus curtailing their free participation in the energy trading market.

A secure and decentralized energy trading system is essential to meet these requirements. The system must protect users’ information and facilitate transparent and traceable energy transactions. Moreover, it must be easy to manage over the smart grid infrastructure, regardless of the number of prosumers or the amount of renewable energy produced, consumed, or traded. Voltreum ticks all these boxes. 

Market mechanism

Voltreum supports P2P energy trading, wherein prosumers can directly buy or sell energy profitably. They can trade directly with each other, independently of the main grid. Cutting out the intermediaries enables faster and mutually-beneficial energy exchanges over a smart microgrid

The energy exchange via Voltreum-enabled microgrids happens over the blockchain using the VOLT crypto. The blockchain is a decentralized and distributed ledger that records every transaction on the Volt-X P2P network. Individuals trade surplus RE energy (after selfconsumption) with other consumers at a mutually agreed upon price. 

These flexible pricing and exchange mechanisms -- plus blockchain smart contracts -- ensure that every transaction is transparent, auditable, and trustworthy for all participants. It also encrypts all information; any data manipulation will be immediately visible to all the parties involved. This way, the blockchain ensures complete security, transparency, and reliability of every transaction.

Since the system is entirely decentralized, no third party or centralized authority – such as a government electricity regulation board – can set energy rates or control energy distribution. Thus, Voltreum will help democratize the energy market and lower energy costs for all.

P2P Trading Options

Volt-X supports fixed and dynamic price energy trading on its P2P network. The fixed price mechanism ensures price certainty, so users know exactly what they will receive for their energy traded through the P2P. Under the dynamic trading option, prosumers and consumers set their own prices. Ultimately, the cleared price can be the highest price offered by the buyer, the lowest price acceptable to the seller, or even an average of buyer-seller prices.

In the future, Volt-X will also support dynamic price trading with preferential trading. This system allows prosumers to identify their preferred consumer and offer a percentage of their excess energy at bespoke pricing models.

Voltreum Tokenomics

Voltreum Roadmap

Q3 2021 Q4 2021 Q2 2022 Completed

Due diligence

• Deep dive analysis of the Energy market

• Study of the current energy requirements/forecast for the next decade

• Study of the problems with the current state of the energy market, challenges with

global energy generation, transmission and distribution

• Study of the problems faced by gencos, transcos and discoms

• Evaluation of country wise energy market regulations

• Articulating the problem statement

• Competitor analysis - Including software and hardware players across the globe

• Evaluation of key feature offerings by each player in the field

• GAP assessment / SWOT analysis

Q4 2021 Completed

Core team formation

• Identifying and interviewing subject matter experts from the industry

• Shortlisting and rolling out of contracts/NDAs with selected members

Q2 2022 Completed

Project planning

• Formulating the scope of work (SoW) document to cover the proof of concept testing

and final state system development

• Creating the work breakdown structure and timelines for tasks related to the power

syste design, technology development, marketing, sales, and partnerships

• Identifying the stakeholder management plan and RACI matrix

• Formulating key project milestones with clearly defined timelines

• Financial projections required throughout the project lifecycle

Q3 2022 In progress

Proof of concept / Minimum viable product development

• Drafting of physical line diagrams and load profiles for the PoC

• Evaluation of the various load profiles as per electric standards

• Drafing of test cases based on variations in generation andusage considering

differential loads

• Procurement of smart meters and power/load equipments for the PoC

• Development of a broker service for establishing communication with various smart

meters (GSM, PLC, Modbus, Radio frequency mesh, SCADA)

• Development of Voltreum Core Processing (VCP) engine and backend logic for

recording transactions on the blockchain system

• Smart contract deployment on the testnet server

• Fine-tuning the VCP engine logic with an aim to develop a robust and resilient core

• Security audit of the VCP engine

• Deriving key metrics and associated costs for the end to end transaction to develop

the business case and financial projections

• Business case creation

Q3 2022 In progress

UI/UX development 

• Finalizing a list of top features/parameters in line with feedback from key stakeholders

(Discoms, Govt agencies, End users)

• User access management in line with significant data security and compliance

standards

• Mobile app and web interface UI and UX design

Q3 2022 Scheduled

Go to market / Whitepaper launch

• Setting up of social media channels

• Roll-out of community management services to build brand awareness

• Whitepaper launch

• Creation of marketing collateral and business pitch

• Website launch

Q4 2022 Scheduled

Seed sale 

• Secure funding through a seed sale

Q1 2023 Scheduled

Private sale 

• Secure funding through a private sale

Q1 2023 Scheduled

IDO

• Official listing on a decentralized exchange

Q1 2023 Scheduled

Strategic partnerships for pilot testing

• PAN India expansion

• Documenting key lessons learnt

• Optimizing the application based on lessons learnt

Q4 2023 Scheduled

Global ramp-up

• Global expansion in various markets 

Conclusion

Energy shortages and climate change are two of the most urgent problems currently affecting the planet. As the scale of urbanization, globalization, and digitization increases, the world’s 7 billion+ denizens need reliable and ongoing access to energy. Without this energy, life as we know it will come to a standstill. Equally important, this energy needs to be clean and renewable – capable of supporting human life without stressing the planet’s ecological health or environmental sustainability

There’s already a concerted global effort to increase energy generation and match supply to demand. And fortunately for the planet (and for us!), more and more countries are looking to move away from polluting fossil fuels and towards cleaner, greener renewable energy (RE) sources. Now, we need a mechanism to increase the availability and penetration of this energy to match the energy needs of the human race while also protecting the natural world.

Energy trading via a peer-to-peer network is one such mechanism. P2P energy trading has the potential to deliver all the life-sustaining, planet-nurturing benefits of RE. Through its democratic, borderless, and transparent trading mechanism, all kinds of energy prosumers and consumers can effectively fulfill their energy needs while also wholeheartedly participating in the RE revolution

And this idea is no longer a pipe dream because Voltreum brings the mechanism to life. Through the Volt-X energy trading platform, VOLT cryptocurrency, and powerful applications to trade energy certificates and procure green attributes, we are leading the charge to increase RE penetration and create a more sustainable future for Planet Earth.

ACCURATE INFORMATION

Author

#PROOF OF REGISTRATION

https://bitcointalk.org/index.php?topic=5440460.msg61824631#msg61824631

Forum Username: Arman bocil

Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3398588

Telegram Username: @Armanbocile

BEP20 Wallet Address: 0xabeD12BE62a9Ec3d0F28b442E19b6ea2bca44fCF

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