Researchers at the Free University of Brussels have implemented the Scanergy scheme to encourage the usage of electricity , a digital currency , to generate renewable energy . The NRGcoin is worth 1 KWh of green energy and tradable 24 hours a day , meaning that solar - panel owners will no longer run the business of electricity suppliers adjusting prices unfavourably . The system will also increase renewable energy supply and demand through smart grids .
Researchers at the Free University of Brussels have organised the Scanergy project to encourage the usage of NRGcoin, a digital currency, to trade renewable energy. The NRGcoin is worth 1 KWh of green energy and tradable 24 hours a day, meaning that solar-panel owners will no longer run the risk of electricity suppliers adjusting prices unfavourably. The system will also streamline renewable energy supply and demand through smart grids.