What is Starpower
Last updated
Last updated
Starpower is a decentralized energy network that connects energy devices such as air conditioners, home storage batteries, and electric vehicles. We leverage usage-based algorithms to enhance energy efficiency, lower costs, and reduce volatility in the energy system by intelligently coordinating the charging and discharging of connected devices. The inherent variability of renewable energy supply is a critical challenge in the global energy transition, and Starpower is building the infrastructure to address this challenge, positioning itself at the forefront of this transformative trend for the coming decades.
Similar to how Uber aggregates vehicles globally, Starpower aggregates energy devices worldwide to respond to power grid demands. Whether it's home air conditioners, water heaters, electric vehicles, or solar panels and energy storage batteries in malls and factories, all can be connected to Starpower through hardware or software integration to earn $STAR rewards. These distributed energy resources create a network effect, enabling applications such as virtual power plants, demand response, energy efficiency optimization, and energy data monetization.
This decentralized approach not only enhances grid stability and resilience but also empowers individuals and businesses to actively participate in the energy market, turning every connected device into a valuable asset within the broader energy ecosystem.