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Dubai: After stock markets had finished 2020 by adding to gains they had already made during the height of the pandemic, positive news on COVID-19 vaccines helped lift markets in the latest quarter.
Among key benchmark share market indices, that are tracked by stocks worldwide, the MSCI World Index was up 10 per cent, the S&P 500 up 12.69 per cent and the stock of the year, Tesla, up 64 per cent.
Relief about the start of vaccination rollouts, though, was quickly met with news of a variant strain of the coronavirus that led to lockdowns in countries including the UK, Germany and China. However, new infections have reduced since then in these countries and rattled sentiments have eased.
Australian
Power Ledger is championing the new, middleman-less P2P energy trading model by organizing local communities into the so-called “microgrids” essentially local power grids almost fully autonomous and independent of the national electricity grid.
Another company doing this is Grid+, a US startup that has developed an Ethereum-powered blockchain platform that allows consumers to cut out the energy retailer and buy energy directly from producers.
#2. WePower: Selling Renewable Energy to Corporates
Whereas many energy and tech companies have been generating their own renewable energy, the majority typically buy their renewable energy from a renewable producer through a formal Power Purchase Agreement (PPA).
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