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.
E-NEXT project partner and innovation manager Mathias Schaffer

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.

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

Power Ledger’s energy trading platform available to an initial 10 households in Graz.

2050

Graz is home to Austria’s Smart City project that explores new energy technologies to meet zero emission targets by 2050.

Expansion

The project has potential to expand to more households in Graz and across Austria’s energy network.

Top 5

E-NEXT is a subsidiary of one of Austria’s top five largest energy utilities Energie Steiermark