TDED, Thailand - Power Ledger
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TDED, Thailand

xGrid, µGrid, Vision, Trace, TraceX A partnership for digital energy trading

Project summary

Power Ledger has partnered with TDED, to create a blockchain-based digital energy business developing peer-to-peer energy trading and environmental commodity trading solutions in Thailand.

The collaboration will see the application of blockchain technology to manage energy at four BCPG Group clean power projects, which have been included in a “Sandbox Project” to accelerate renewables by Thailand’s Office of Energy Regulatory Commission.

One of the first projects will focus on energy and carbon management at the 12MW Smart Campus at Chiang Mai University in Thailand’s north.

How the technology works

Power Ledger and TDED will now co-develop innovative products and services based on blockchain technology in peer to peer electricity trading and environmental commodity trading for the Thai market.

Power Ledger’s blockchain-enabled platform facilitates P2P energy trading between “prosumers” – people and organizations who can be both energy producers and consumers, while selling the excess energy to their local neighborhood via the digital platform.

Power Ledger is among the very first pioneers to apply blockchain technology in peer-to-peer energy trading and trading RECs. This will help materialize TDED's goal in the development of digital energy products and services, as well as making clean energy more accessible to people.

President of BCPG and TDED Bundit Sapianchai

Project highlights

12MW

Smart Campus at Chiang Mia University

4

BCPG Group clean power projects

600MW

Of renewable energy across BCPG power plants

25%

Renewable energy targets in Thailand

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