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Blockchain-enabled Parametric Solar Energy Insurance via Remote Sensing. (arXiv:2305.09961v1 [cs.CR])
cs.CR updates on arXiv.org arxiv.org
Despite its popularity, the nature of solar energy is highly uncertain and
weather dependent, affecting the business viability and investment of solar
energy generation, especially for household users. To stabilize the income from
solar energy generation, there have been limited traditional options, such as
using energy storage to pool excessive solar energy in off-peak periods or
financial derivatives from future markets to hedge energy prices. In this
paper, we explore a novel idea of "parametric solar energy insurance", by which …
blockchain business energy insurance investment nature options solar storage weather