SEDA, Malaysia - Power Ledger
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SEDA, Malaysia

Peer-to-peer solar power trading A pilot trial demonstrated the feasibility of solar energy trading in the Malaysian energy market using Power Ledger’s platform.

Client summary

Power Ledger and SEDA worked together on a 8 month peer-to-peer energy trading trial that aimed to demonstrate the ability of the Power Ledger platform to effectively trade surplus solar energy, with SEDA’s goal being to grow the country’s solar photovoltaic (PV) rooftop market and advance the deployment of Distributed Energy Resources (DERs) in Malaysia.

How the technology works

Power Ledger’s platform used interval meter data, provided by Malaysia utility Tenaga Nasional Berhad (TNB), to simulate energy trading patterns between prosumers and consumers across the Malaysia grid.

Key takeaways from the project include:

  • The need for standardised data collection and transfer processes to facilitate meter data access to third parties.
  • Retailers play an important role in settlement and reducing counterparty risk.
  • Balancing of prosumers and consumers is important in reducing excess energy generation.
  • System Access Charge/Network Charges provide market signal on the commercial viability.

Discussions on further deployments of the Power Ledger platform in Malaysia are ongoing.

A recent webinar, hosted by the International Renewable Energy Agency (IRENA), about SEDA and Power Ledger’s project can be found here.

SEDA’s partnership with Power Ledger is a great opportunity to testbed energy trading among prosumers and consumers using blockchain technology and understand surplus energy trading in Malaysia’s energy marketplace.

SEDA CEO Ir. Dr Sanjayan Velautham

12

month trial

1.2 MWh

transacted across the platform per month

14

commercial sites trading P2P

5.8 MW

installed solar capacity

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