The energy industry is going through rapid transformation, and companies that make considerable progress on that front are expected to be the winners of the future. One of the companies that could be worth tracking at this point in time is the smart energy integration outfit Acadia Energy Corporation (OTC:AECX). In fact, on Thursday, the company was in focus after it announced that it had developed a novel energy deployment model for the purpose of creating microgrids.
Thanks to the new model, it would be possible to create public-private partnerships with municipal bodies so as to deploy microgrids named Sustainability Hubs. In the news release, it was noted that the Sustainability Hubs would act as an economic boost for local communities since they would attract new businesses through the availability of renewable energy at a low cost. Concurrently, these hubs would also provide the local communities as well as the existing businesses with the necessary energy discounts, which could lead to further growth.
Acadia Energy Corporation further noted that the basic value proposition of the model was that it provided the local community with control over the energy generated locally. It would also ensure that the energy generated within the community would only be used in the community and not in other regions. The company revealed that the model had already been marketed in upstate New York and had proven to be a success thus far.
Acadia Energy Corporation also announced that it had made efforts to accommodate the strongly positive response that it had received for the model by structuring the company into three lines of businesses in the Smart Energy Integration space. The first one is Acadia Sustainable Resources, which would be involved in renewable resources; the second one is CLCPA Transition Sites, which would be involved with the transitioning of fossil fuel-based infrastructure; and the last one would be Entecco, which would control the company’s AI and intellectual property platforms.