Japan’s 2nd-Largest Utility Trials Blockchain for Renewable Energy Credits
“These provide energy retailers with proof that the portion of energy under the certificate is generated from renewable energy sources” writes Marie Huillet for cointelegraph.com. The second-largest power utility in Japan is extending its trial of a blockchain-powered system for transacting renewable energy credits.In 2018, Japan was the world’s fifth-largest consumer of electricity, yet produced only 17.5% of its energy from renewable sources.An initial successful trial between KEPCO and power Ledger had reportedly demonstrated that allowing energy producers to trade their surplus energy via the platform was an efficient way…
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