July 10, 2024

Combinder, Nevermined, & Olas unveil an AI-driven energy grid demo on peaq

In a nutshell: Combinder has joined forces with Nevermined and Olas to build a demo of an AI-driven Web-3 powered energy nano-grid. This collaboration highlights the powerful synergy between projects building on peaq and demonstrates the significant real-world impact they can achieve. The demo will showcase how blockchain and AI empower you to help the world shift to green energy while earning rewards for making the grid more flexible.  

A demo of the future

If you’ve been following along, you know that last month, Nevermined and Olas joined the peaqosystem to build the foundation for entire economies of AI agents running as part of DePINs on peaq. Then, a few weeks back, Combinder chose peaq as the home of its DePIN for energy data and grid load management.

Now, Combinder has joined forces with Nevermined and Olas to build an AI-driven proof-of-concept demo of a Web3-powered energy nano-grid. The idea behind the project is to showcase how an individual household can work as a source of green energy and help offload the grid. The latter is a crucial condition for building flexible energy networks of the future. 

The demo Combinder is building with Nevermined and Valory (a core contributor to Olas) simulates a local nano-grid within a single household. Equipped with solar panels, this household would represent a so-called ‘prosumer’, i.e. a consumer that also produces energy in periods of sufficient sunlight. Worldwide, over 33 million households already fall under this category, and the International Energy Agency expects the number to grow to 100 million by 2030.

Under the planned set-up, Combinder will connect a physical solar panel and an air conditioning unit to its energy marketplace. This local nano-grid could be scaled up to multiple devices and multiple households. Valory, on behalf of Olas, will provide the AI agents to monitor the energy consumption of the household and the available production volumes of the solar panels. As soon as the agent predicts overproduction (production exceeding consumption), it will switch on the AC. Nevermined will provide the payments system for the AI agents, enabling them to transact between themselves, guaranteeing optimal prices and earnings for device owners. 

The prototype will showcase how AI can optimize local energy supply, which is already cheaper than power from centralized grids, while also managing the consumption side with maximum sustainability in mind. This will set the stage for wider research and development in this direction, aiming to enable a global network of AI-powered microgrids (several households, e.g. a municipality) running in tandem to keep households juiced up without harming the environment.

“Peer-to-peer microgrids are crucial for sustainable energy, and the DePIN model is the perfect incentive mechanism for them. It aligns the incentives of all the stakeholders and enables people to earn rewards for helping make the world greener. Olas’s AI agents play a crucial role there, streamlining and optimizing the process, and Nevermined provides a smooth payments system enabling the commercial drivers. In essence, we’re showcasing what our renewable-powered future will look like and quite literally giving the power back to the people — on peaq, the home of DePIN.”

— Kai Siefert, founder of Combinder
“The prototype with Combinder, Olas, and peaq is a perfect use case foundation for AI-Commerce to begin to take hold in the energy sector. At Nevermined, we are on a mission to get AI agents paid, and by integrating the PayPal of AI, we are enabling a future where AI transacts on our behalf, working tirelessly to save us money on power bills and make the world greener. It sounds like sci-fi, but with a top-notch Web3 and AI stack, it is perfectly possible today.”

— Don Gossen, CEO of Nevermined
“The green energy nano-grid we are building with Combinder and Nevermined on peaq is the ideal example of an AI agent-powered microeconomy. It leverages AI not just to streamline local interactions, but also align the power consumption with the larger grid, making it more flexible. It’s a win-win situation where everyone’s interests are aligned in a way that serves the global good.”

— Ralph Pahlmeyer, Head of Business Development at Valory

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