IOTA’s areas of application are not only limited to cars, but include buildings, as shown by the Trondheim project of ENTRA (Norway).
At the end of August, ENRA ASA (a Norwegian real estate company managing 1.2 million square miles in 128 buildings, €228m profit in 2016) published the following news:
We are currently working to find the optimal solution for using all the pure energy that needs to be produced. (source)
This news is nothing unusual from them since they have built Norway’s first energy-positive office building called “Powerhouse Kjørbo” – as a renovated building it will produce more renewable energy than it consumes during its lifetime (apparently, it’s the first such renovated office building worldwide). Kjørbo is producing approximately 230,000 kWh per year – at construction stage 2, it will be 325,000 kWh per year which would be enough to power 30 American households for one year, or almost 100 German households.
The news which is relevant for IOTA is in the second sentence of the announcement:
Now we want to try the crypto technology to exchange energy gains with other nearby buildings.(source)
Attached was the following article:
What does it say about IOTA?
In March 2019, the tenants will move into the new powerhouse called “Brattørkaia”. It is supposed to be a “large-scale demo project for how to utilize and control energy distribution between different actors in the neighborhood“. IOTA will be used to “deliver energy and charge automatically“.
Åse Lunde, Director of Digitization at Entra, said they want to try out “cryptotechnology to exchange the surplus with other constructions nearby“. The company does not only mean to deliver surplus-power to their own buildings Brattørkaia 12-17, but also Norway’s largest indoor water park called “Pirbadet”, the boats at the docks or for charging electric buses. (information taken from the article’s text)
IOTA is considered as the best possible option for realizing the company’s vision of an environment-friendly building which produces excess power to be shared with others. Be it energy sent to buildings, boats or cars, the building itself will be the “power plant”, selling power without any middlemen settling the transactions on IOTA’s ledger called Tangle.
This is one of the projects emerging from IOTA’s partnership with the “+ CityxChange“, an EU-financed project for developing smart cities. Fast and tamper-proof technology is needed for such a use case and IOTA provides just that – without any fees! This is a good step in the direction of energy efficiency.