The special part of the Swiss Alpine Mining project is the possibility to install mining cubes in several thousand forsook buildings in the Swiss Alps that can not be renewed and utilized for housing in accordance with Swiss law, but is an impeccable micro location for mining operations. As mentioned, all the energy utilized for this project will be green and renewable. The Swiss Alps are home to more than 1,400 hydroelectric stations with clean electrical energy. Energy prices will be more captivating than competition from around the world. For example, In the Coalesced States, kWh costs about $ 0.12 on average, and Swiss Alpine Mining by paying their electricity four times less than that.
After the initial development of SAE infrastructure and business activities in Switzerland, expansion into peregrine countries, especially in the field of renewable energy, can be imagined and desired. The facility to pay by utilizing crypto currency and the settlement process through astute contracts is another novelty that can avail SAE to become an industry bellwether in the field of blockchain-predicated business models.
Tesla is predicated on lithium-ion technology, which has amended significantly over the past few years. The haste of lithium-ion battery charging increases significantly along with the old battery life, the same applies to energy density.
On a general scale, battery technology has the advantage of expeditious installation times for energy fluctuations. However, apart from all this, when it comes to the utilization of energy storage, there are still some questions. Long term cost and long term battery life are authentic, in terms of current generation battery.
If you optate to store a profoundly and astronomically immense volume of compressed gas, you require a perdurable and sizably voluminous container, so geology can be utilized in an effort to engender a natural container.
In 2016, the company consummated its first test plant, located in the Swiss Alps. The shape of the plant is 120 meters long and 5 m in diameter with one megawatt-hour tunnel vigor.
The Swiss Federal Energy Agency finances 40% of the project, as they can visually perceive benefits for their country. Currently this technology is more frugal than lithium-ion batteries.
It’s four to six times more minuscule than a battery per kilowatt-hour. Antecedently, the same technology was utilized. The world already has two factories, one of them in Germany. Built in 1979, and the other — in the Amalgamated States — Alabama, founded in 1991.
They utilize a salt cave, underground, where air is compressed. However, there are some quandaries with this.
When the air is compressed, heated, heat must be stored. This heat can reach up to 60% of the energy used to compress the air. Plants are just a waste of this energy, and when the time comes to expand the air, they utilize fossil fuels to heat it up. Burning fossil fuels causes CO2 emissions and reduces installation efficiency.
The incipient technology provides the possibility of storing this heat, which can be reused to reheat air.
ALACA is aimed at sizably voluminous institutions as partners for incipient projects, because it costs about 100 million to 200 million US dollars to build yields of 200 to 500 mW / hour, but the more astronomically immense the project, the more plausible and the more it makes value for mazuma.
There is another method to store energy, which is intriguing enough to solve this quandary. These include the storage and relinquish of energy utilizing mountains as high pressure vessels.
This method is achieved by the Swedish company ALACAES, promising a very low cost and high efficiency.
These methods seek to smooth the fluctuations in electricity engenderment due to the nature of renewable energy sources.
Capricious. The methods they are working on are relatively low cost and high efficiency.
the system works:
This system utilizes the excess energy of the grid to suppress air into the cavities inside the mountain. Air is cooled utilizing a special technology called heat energy storage. And then stored under pressure in the cavity. When it’s time to engender electricity, the air is re-heated and driven to commence a turbine that engenders electricity.
To utilize this technology, geology must be taken into account. It is congruous for use in continental Europe, America, Canada, but especially in India and China.
India and China are apposite for this, as these two markets have a very truculent goal in providing renewable energy sources to manage their country’s infrastructure. By 2027, it aims to provide 60% of its energy sources beyond fossil fuels. Meanwhile, China has reduced its utilization of coal by 5% year on year and only surpasses the Cumulated States as a bellwether in the utilization of renewable energy sources
Swiss Alps is in the market now to raise fund through ICO to achieve the objectives of the projects. See the figure below
TOKEN ALLOCATIONS
Official Swiss Energy Energy Details
Website: https://swissalpsmining.io/
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