Alternative Resource Group wants to install more clean energy in developing regions via blockchain

alternative resource group

Alternative Resource Group (ARG), a U.S.-based energy project development company, is out to level the playing field by providing companies with more control over the power they need. By tokenizing large energy infrastructure projects, ARG will bring clean energy to regions in the world that historically have had challenges in getting competitive rates for traditional finance to fund these types of projects. ARG constructs privately owned decentralized power plants in geographic areas that would otherwise be decades away from access to traditional power grids or sufficient supply.

“Investors attracted to ARG see the company as a paradigm changer that offers a simple but powerful premise – ‘Power anywhere in the world. Anytime’,” says Michael Lumbley, Project Development Director for ARG. “A major shift is underway in the way companies around the world find the electricity they need to operate. The change could lead to an increase in manufacturing companies in new areas around the world, creating lower-priced consumer goods. Even better – it provides cleaner power.”

Energy is one of the biggest issues industrial and manufacturing companies face each year. Regions with strong, stable power grids have a huge advantage in attracting industry and economic development.

Combining innovative systems, ARG’s modern power plants provide low-cost, cleaner renewable technology, including solar and wind. The coordinated system is backed up by both natural gas co-generation and advanced battery storage to guarantee power whenever it is needed.
ARG is also developing a new kind of operating platform that manages a secure smart-grid system using an Internet-based advanced blockchain backbone and digital ledger technology. The company is building modular micro refineries that process waste gas from oil exploration and convert it into a useable fuel, including jet fuel, gas, diesel and LP. These ultra-low emission refineries help ARG attain its goal of reducing emissions in energy production by 50%.

attack-the-tariff-300x250

What does all of this mean to international economies?

“With the global need for energy predicted to double by 2035, it means the whole world is now open, with opportunities for new areas in the U.S. and smaller countries to enter the power production game,” says Lumbley. “This advance in energy infrastructure not only drives development in impoverished areas, it brings cleaner, renewable energy to the planet.”

Along the border in Mexico, for example, power grid operation is unreliable. Market reform has sparked new investment from other countries, and approved companies continue to move forward under Mexican President-elect Andrés Manuel López Obrador. But inconsistent power supply is severely hampering progress. High-tech manufacturers in the region experience brownouts and hard stops on million-dollar pieces of equipment that shut down, limiting operations.

ARG’s new system of energy production now offers a reliable way to stabilize the power grid for everyone in the region. The system is attracting attention from major industries, including maquiladora companies that partner with giant manufacturers from the U.S.
Eventually, this advanced way of thinking about electricity delivery could provide new energy resources to our increasingly power-hungry world. For now, ARG is providing investors with a new way to support change as a path to profit.

— Solar Builder magazine

[source: https://solarbuildermag.com/news/alternative-resource-group-wants-to-install-more-clean-energy-in-developing-regions-via-blockchain/]


by

Comments

Leave a Reply