Energy News

Power Ledger to trial blockchain energy trading in Italy with Alperia

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Last week, Australian firm Power Ledger announced it won a contract with Italian energy company Alperia. The blockchain company will work with Alperia to offer its trading platform and other services in Italy. 

Under the contract, Power Ledger and Alperia will launch a trial to explore energy trading, origin tracking, measurement and verification as well as reporting of renewable energy certificates (RECs). Power Ledger won the contract as one of the six winners of Alperia’s Startup Factory Innovation Camp, out of about 230 applicants. The trial runs from January to May 2020. 

Alperia has 34 hydroelectric plants in Italy, which produce 4,500 GWh of clean electricity every year. Combined with gas and other sources, it serves a customer base of 280,000. The Autonomous Province of Bolzano has a majority stake in the company, and other major shareholders include the municipalities of Bolzano and Merano. The firm is currently developing infrastructure for electric vehicles and has 1,000 charging points.

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