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E-NEXT, Austria

E-NEXT, Austria

Partnership with a subsidiary of one of Austria’s top five largest energy utilities Energie Steiermark, to deploy a peer-to-peer energy trading network in Graz.

Project 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.

How the technology works

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.

E-NEXT project partner and innovation manager Mathias Schaffer

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.

Project highlights

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

Make an enquiry

If you have questions or comments, feel free to get in touch with us using our enquiry form. We will aim to get back to you within two working days.

Enquiry form