ARG leverages blockchain to decentralise power grids
July 24, 2018
Alternative Resource Group (ARG), a US-based energy project development company, wants to provide companies with more control over the power they need by tokenising large energy infrastructure projects. ARG aims to bring clean energy to regions in the world that historically have had difficulty in getting competitive rates for traditional finance to fund these types of projects.
ARG constructs privately owned decentralised 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," said 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 systems, ARG's 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 an operating platform that manages a secure smart-grid system using an internet-based 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, petrol, diesel and LP. These low emission refineries help ARG attain its goal of halving emissions in energy production.
"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 USA and smaller countries to enter the power production game," said 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 investment from other countries, and approved companies continue to move forwards under Mexican president-elect Andrés Manuel López Obrador. But an 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 system of energy production now offers a reliable way to stabilise 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 USA.
Eventually, this way of thinking about electricity delivery could provide energy resources to an increasingly power-hungry world. For now, ARG is providing investors with a way to support change as a path to profit.
ARG will be opening pre-sale for initial purchase of the AR3 security token at a twenty per cent discount rate on August 1, 2018, with the discount rate dropping to ten per cent when the soft cap is reached from November 1, 2018, to December 31, 2018. Public sale will begin in January 2019.