BCPG and MEA Thailand, Thailand - Power Ledger
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BCPG and MEA Thailand, Thailand

xGrid Thai renewable energy business BCPG and Thai utility Metropolitan Electricity Authority are using Power Ledger's software within a precinct with 700 kW solar capacity, making it the largest commercial peer-to-peer trial in the world.

Project summary

Power Ledger’s software is being trialled by Thai renewable energy business BCPG and Thai utility Metropolitan Electricity Authority (MEA) to trade rooftop solar power between an international school, apartment complex, shopping center and dental hospital in Bangkok.

How the technology works

Power Ledger’s blockchain technology is tracking and settling the energy generated from renewable sources as well as the transactions between the participants.

The Power Ledger platform monitors and visualizes for each participant the generation, consumption and trading position, and provides Statement of Use information for invoicing purposes.

The MEA forecasts peer-to-peer energy trading to become mainstream for power generation in the long run.

Thai Metropolitan Energy Authority

Project highlights

2.8MWh

Average solar energy generated daily

10MWh

Average peer-to-peer energy transacted per month

$1,500AUD

Potential monthly proceeds from peer to peer

18%

Energy consumed within the precinct from renewable resources

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