EV Batteries
ProFuelTrace is helping the energy industry trace the origin of energy products and to ensure that they have been produced sustainably and ethically.
By creating a digital record of the production and distribution process, it is possible to track the movement of energy products along the supply chain in real-time and to verify that they meet certain standards or requirements.
Develop the Digital Product Passport (DPP) of EV battery materials
Applications
1
Peer-to-peer (P2P) energy trading
ProfuleTrace can be used to enable P2P energy trading, allowing individuals or businesses to sell excess energy from their own renewable energy systems (such as solar panels) to other users in their local area.
2
Grid management and integration of renewable energy
ProFuelTrace can be used to manage and optimize the integration of renewable energy into the grid, helping to balance supply and demand and improve the overall efficiency of the grid.
3
Carbon credits and emissions trading
ProFuelTrace can be used to track and verify carbon credits and emissions reductions, making it easier to buy and sell credits and to ensure that they are being used to offset genuine emissions reductions
4
Supply chain traceability
ProFuelTrace can be used to trace the origin of energy products (such as electric vehicle batteries) and to ensure that they have been produced sustainably and ethically.
5
Smart contracts
ProFuelTrace can be used to automate contract execution and settlement, making it easier to buy and sell energy and to track payments and deliveries.