POWER LEDGER IS AN AUSSIE BLOCKCHAIN COMPANY DEVOTED TO CREATING A DECENTRALISED ENERGY MARKETPLACE WHERE PEER-2-PEER ENERGY TRADING CAN BE MADE POSSIBLE.
Based out of Perth, Western Australia and Lead by Co-founder Dr. Jemma Green and her respected team of energy industry professionals, sustainability leaders, developers and innovators, Power Ledger looks to re-imagine how Australians use energy in the future, aligned with the emergence of a sharing economy. With growing concerns about the ability of existing energy providers to cope with future energy demands, Power Ledger has entered into this space at a critical time and is already paving the way to revolutionise the energy market.
The Power Ledger team - Image source: medium.com/power-ledger/
Everyday household users of the Power ledger platform are incentivised to use renewable energy as they are given the ability to sell off excess power to their neighbours, earning revenue and eliminating power bills. The Power ledger platform achieves this via Blockchain technology and micro-grid infrastructure, allowing for peer-2-peer energy trading to take place between neighbours where settlement of payments are in real-time using a native crypto-currency utility token within the Power ledger eco-system.
Power ledger is backed by the Australian government and has been working alongside existing energy providers such as Western Power to turn this vision into a reality. With smart city development projects already underway in Fremantle, commercial trial projects in Melbourne and partnerships to test the technology in New Zealand, India, Thailand, Europe and America, Power ledger has become an increasingly popular project among everyday Aussies, proudly representing Australia on the world stage of Blockchain technology and crypto-currency.
Video introduction: Power Ledger: https://www.youtube.com/watch?v=jMqMRs34_u8
Fremantle Smart City Project: https://web.powerledger.io/power-ledgers-wgv-project-density-x-design/
Power Ledger website: https://web.powerledger.io/
WGV Smart City Project - Fremantle, WA - Image source: medium.com/power-ledger/