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Matthew Stone, NextGen Nano_ Decentralising the Sustainable Energy Industry

<br>According to figures from the World Economic Forum, over 860 million people living in underdeveloped and developing nations lack reliable energy sources. As Matthew Stone, NextGen Nanou2019s Chairman points out, decentralisation could hold the key to transforming the global energy industry.<br><br>For more visit here:-<br>https://ecolonomics.org/matthew-stone-nextgen-nano-decentralising-the-sustainable-energy-industry/<br>

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Matthew Stone, NextGen Nano_ Decentralising the Sustainable Energy Industry

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  1. According to figures from the World Economic Forum, over 860 million people living in underdeveloped and developing nations lack reliable energy sources. As Matthew Stone, NextGen Nano’s Chairman points out, decentralization could hold the key to transformingthe global energyindustry. Traditionally energywasproducedbyburningfossilfuelsatindustrialplants, distributingpowergeneratedviathenationalgrid. A centralized energy system placespowerfirmlyinthehandsofcustomers,withnumerousdistinct disadvantages. The damaging effects of harvesting and burning fossil fuelsare widely reported. Extractingfossilfuelscanbeanextremelydangerousandenvironmentallydamaging process. Fossil fuels are non-renewable and unsustainable, becoming increasingly expensiveasnaturalstoresdiminish.Burningfossilfuelshasalreadyhada catastrophic effect on our planet, with the harmful particles and greenhouse gasses released contributing to climate change. Pollution created by burning fossil fuels causes significant health problems in humans, releasing heavy metals and toxic particles.

  2. At a traditional power station, energyis generated continuously, irrespective of peaks and troughs in demand. This makes traditional power production far less effective and more polluting. Centralized energy systems are also susceptible to unexpectedpower failures,making them lessreliable. Decentralized energy relies on small-scale power-generating operations sited close to where that energy will be used. Decentralized systems largely rely on renewable sources rather than fossil fuels, significantly decreasing the environmental impact ofenergy productionand reducingreliance onfinite resources. Decentralization marks a major stepping-stone on the path to independently sourced energy, decreasing reliance on imported resources. A decentralized system shifts power from energy companies to small businesses and consumers, leveraging a sharedeconomy tocreate a morecircular energysystem. Underadecentralizedregime,energycouldbegeneratedonamuchsmaller localizedscale,forexampleviawindorsolarfarms.Recentadvancementsin organic photovoltaic (OPV) technology accomplished by industry pioneer NextGen Nanohavepavedthewayforrapiddecentralization,aidingthetransitionto sustainableenergy. Guided by a management team that includes Director of Operations Duncan Clark, NextGenNanohasdevelopedPolyPower,agroundbreakingtechnologythat generatesrecordOPVefficiency,presentinganewgeneration offlexible,low-profile,

  3. andtransparentOPVssuitableforavarietyofapplications,openingupnewmarkets suchaselectric vehicles,dronesand planes,and theinternetof things. ThisContentisTakenFrom: https://ecolonomics.org/matthew-stone-nextgen-nano-decentralising-the-sustainable- energy-industry/

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