Power Ledger has partnered with green energy retailer ekWateur to revolutionize France’s electricity market with technology that lets consumers customize their energy mix for the first time.
- Power Ledger and green energy retailer ekWateur to roll out the energy trading platform to 220,000 electricity meters across France.
- Customers can choose what type of renewable energy they want to purchase, as well as the location from where it is sourced, certified via blockchain.
- Second stage of the project will enable residents to buy and sell excess renewable energy via peer-to-peer energy trading using a feature of Power Ledger’s new product Vision.
Paris, France – 1 April 2020: Power Ledger has partnered with green energy retailer ekWateur to revolutionize France’s electricity market with technology that lets consumers customize their energy mix for the first time.
More than 220,000 electricity meters across France will gain access to Power Ledger’s new blockchain-enabled product Vision, which certifies the origin and source of renewable energy.
Households will be able to choose their own energy mix and track it in thirty minute intervals, as well as choose a certified source and origin of the renewable energy purchased.
“Power Ledger has proven the technology works and now we’re ready for a full scale country rollout in what will be our largest project to date. This also marks a world-first in energy trading, with customers able to select their energy mix, knowing it’s certified via an immutable blockchain platform,” said Power Ledger executive chairman Dr Jemma Green.
The technology will go live across ekWateur’s network by the end of 2020.
“Whether consumers want to source energy from their neighbor’s solar rooftop panels, or a wind farm in Bordeaux, our platform gives consumers choice and control over their energy source,” said Dr Green.
“If the world wants to meet its Paris climate targets to reduce greenhouse gas emissions by 40 percent by 2030, then we need to start empowering every household to make the switch to clean energy. This project proves the commercial opportunities of our technology.”
ekWateur offers 100 percent renewable energy from wind turbines, solar panels as well as hydro power plants.
“Power Ledger’s technology fits perfectly with our vision,” said ekWateur CEO Co-founder and CEO Julien Tchernia.
“Transparency is key for eKWateur. Since the beginning we’ve aimed to offer innovative services to our clients so they can hold all the cards to actively participate in the transition of the energy market.”
Power Ledger has several large scale projects with utilities and governments worldwide in countries including Thailand, Japan, Australia, Malaysia, India, Austria and the United States.