E-NEXT by Energie Steiermark, Austria

Location

Power Ledger Platform Features

Client Summary

E-NEXT with the NEXT-Incubator, the innovation arm of Energie Steiermark, will make Power Ledger’s energy trading platform available to an initial 10 Graz households.

"Blockchain technology has the potential to disrupt a lot of markets – but as an innovation, we also think it offers new business opportunities and the chance to generate added value for our customers."
Mathias Schaffer
E-NEXT project partner and innovation manager

Power Ledger’s technology enables those with rooftop solar panels to sell excess renewable energy to their neighbors. As a blockchain-backed platform the project will ensure data is anonymous, complying with the European Union’s strict privacy requirements as outlined in the GDPR legislation.

10

Number of households in trial

2050

Austria’s zero emission target

6MWh

Total energy traded

60%

Higher income compared to Feed-in-Tariff for prosumers

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