Energy News

Power Ledger trials blockchain energy trading in rural Australia

solar energy
On Monday Australian blockchain firm Power Ledger launched a trial of its blockchain-based power management technology in rural areas of Western Australia (WA). The project will allow commercial buildings to trade excess solar power between each other. Power Ledger will run this project in collaboration with Innovations Central Midlands WA, BSC Solar, Sonnen and CleanTech Energy. Starting with a trial at commercial sites in the Shire of Wongan-Ballidu and Moora, the company plans to expand its reach to other regional shires in WA. “The current energy system relies on large-scale power stations pushing energy to some consumers located hundreds of kilometers away. This requires an even further energy push when trying to reach regional areas such as Wongan Hills or Moora,” said David Martin, managing director and co-founder of Power Ledger.

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