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Power Ledger Goes to Rural Australia to Trade Surplus Energy via DLT

“Australian blockchain energy startup Power Ledger has launched its first trial of peer-to-peer (P2P) energy trading technology in rural areas” writes Helen Partz for cointelegraph.com. In mid-August, Power Ledger announced the completion of a joint trial of a blockchain-based system for surplus power after feed-in tariff in Osaka in partnership with Japanese Kansai Electric Power.Specifically, Power Ledger’s blockchain P2P platform aims to allow those sites to monetize their surplus solar energy, while existing tariffs provide no financial compensation to those who feed unused solar power back into the energy grid.The platform will facilitate energy trading between members including shire offices, CRC/Visitor Centre, medical centre, sports centre, local farmers, bakeries and others.As such, Power Ledger is launching trials of its energy trading platform at nine commercial sites in the Shire of Wongan-Ballidu and one site from the Shire of Moora, the post notes.
 
Source: cointelegraph.com



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