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This 6-month pilot will be Vietnam's first peer-to-peer energy trading project, enabled by blockchain.
The Global Blockchain Business Council (GBBC) and Powerledger have released a special report exploring the use of blockchain technology in establishing a trustless system for commercial transactions within the energy sector, promoting a sustainable energy system with reduced carbon emissions and supporting localized grids for increased energy accessibility and autonomy.
Article
This case study examines how energy retailers are affected by variable spot prices and explores how Local Energy Markets, based on peer-to-peer energy trading, can provide a viable solution.
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The shift towards renewables brings increasing uncertainty to the grid. So as more solar and wind sources come on the grid, we need to reconfigure it: From a centralised system to a distributed one.
Powerledger’s technology enables players interacting on the grid to track, trace and trade energy in real-time. This is helping to create a flexible power system that is both resilient and stable in the coming years.
We help people transact energy, trade environmental commodities and invest in renewables.
We develop software for our clients and partners that allows consumers and producers to track, trace and trade every kilowatt of energy.
Our technology has received global recognition, including Sir Richard Branson’s international Extreme Tech Challenge in 2018. Our Co-Founder and Chairman Dr Jemma Green was named the Australian EY Fintech Entrepreneur of the Year.
Our clients and partners are getting ready for the new energy world with innovative projects across the world that track, trade and trace renewable energy.
We are proud to be a member of several reputable organisations in the blockchain and energy industries.
Powerledger is a software and technology company that is working towards making renewable energy work in a more stable way, by having more responsive markets.
Formed in 2016 when we saw the need to disrupt traditional energy, we now have projects in eleven countries across four continents.
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Powerledger acknowledges the traditional custodians of the land that we live and work on. Our head office is located in Boorloo, on Whadjuk land of the Noongar Nation. We acknowledge their ongoing cultural connection to the land, waterways, sky and spirits. We pay our respect to the local Elders, past, present and their leaders of tomorrow. We also extend that respect to all traditional owners and custodians of all the other lands we work upon, both near and abroad.
