Power Ledger (POWR) is a platform token that combines blockchain and the energy sector. The project distributes solar energy and tracks each unit of electricity from the point of generation to the point of consumption. This allows you to completely change the industry and allows you to sell energy to local territories.

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Power Ledger’s blockchain solar energy trading trial in Australia has confirmed our peer-to-peer technology is technically feasible.

The trial also showed that using Virtual Power Plants could increase localized energy autonomy and deliver a lower cost grid. 

The trial, funded in part by the Australian Government, ran between December 2018 and January 2020 as part of the RENeW Nexus Project and involved using Power Ledger’s blockchain technology to track the transactions of rooftop solar energy traded between 48 households in Fremantle, Western Australia.

Read more: https://www.powerledger.io/announcement/renew-nexus-project-report/

Power Ledger's blockchain solar energy trading trial in Australia has confirmed our peer-to-peer technology is technically feasi