Founded with over 100 years energy industry experience and a world-class development team, Power Ledger is giving energy companies and communities the tools they need to adjust to the changing energy landscape and make sustainability profitable. Because if it's not profitable, it's not sustainable.
Our products enable us to reimagine an energy future where blackouts are less frequent and electricity is clean, affordable and available to everyone.
We envision the creation of a different kind of energy market, and we've built a series of blockchain-based products to help you get there.
Consumers can contribute to solving price spikes and demand shortages that bedevil the industry. This means people with solar and batteries can sell their excess energy back to their energy company in near real-time, while making the overarching energy system more reliable.
Our platform means everyday retail investors can invest in and co-own large-scale renewable assets like solar farms and batteries, with less upfront capital while receiving an attractive and proportionate return.
Historically monetizing credits has been a difficult job, especially for the sellers who've had to navigate mountains of paperwork, processes and fragmented thinking. We make it simple. You connect our platform to smart meters, and our system obtains the credits, finds a seller and sends you the money.
The real opportunity here lies with utilities - technologies for commercially generating your own power are getting better and cheaper. So why not embrace and provide a standard P2P platform and charge for the flow of electricitiy in every direction?
I'm hoping this deployment will demonstrate to utilities that this is a viable option to keep and grow business as the market evolves - which is one of the biggest attractions about Power Ledger. They recognized the need to work with the existing utilities and existing wires - which will be huge for greater adoption.
Whether blockchain had come along or not, energy markets are undergoing unprecedented change. Through uptake, the cost of solar, wind and battery power has dropped below that of fossil fuels. Consumers are taking control of their own energy supply by installing solar and battery, meaning distributed energy resources are more widespread than ever before.
But for all the change we still have a system where, increasingly, people are frustrated about paying so much for electricity and not getting a fair return on their solar investments. A system where storms or heatwaves can leave entire cities without power. Where not everyone can invest in renewable infrastructure and carbon initiatives are restricted by clunky registries.
We're using people power, quite literally, to improve our energy systems to make them clean, reliable and affordable. It's a movement we call the democratization of power.