Australia’s Blockchain Solar Power-Trading Suburbs Take Shape
A suburb in Fremantle, Western Australia will see its apartment owners to be among the first in the country to trade solar power over a blockchain. Solar-powered one-bedroom apartments developed by Landcorp, the development arm of the government of Western Australia are reportedly expected to be snapped up by predominantly young dwellers. These apartment-owners will soon be able to trade their any surplus solar energy over a blockchain developed by Power Ledger, a Perth startup that aims to enable owners of solar panels to sell excess energy. This beats the conventional model of selling....
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The blockchain presents the opportunity of becoming a ‘potentially significant enabler’ for U.K. solar, according to SolarCoin co-founder Francois Sonnet. Speaking ahead of his panel on the future of solar technology at the Managing European Solar Assets event next month in London, he said that Bitcoin’s distributed ledger technology could be utilized across a number of different areas in the U.K. such as operation and management (O&M) and peer-to-peer energy trading, according to a report from Solar Power Portal. He said that the blockchain can help calculate any form of data, which....
A group of people in Australia will trade their excess energy on solar panels using a blockchain to record the transactions. The local Australian startup PowerLedger is in charge of the project in a retirement village in Busselton, Western Australia. The startup explores yet another use case for a burgeoning blockchain technology that proponents argue will revolutionize everything. Residents on Australia’s west coast believe the blockchain cryptographically secure ledger, which records transactions made within a distributed system, could be combined with a power source that shines 300 days....
Victoria Bitter has partnered with blockchain energy trading platform Power Ledger to allow customers to earn beer with surplus solar energy. Asahi’s Australian lager beer subsidiary Victoria Bitter has taken a step toward sustainability by allowing customers to earn a pint with solar energy via blockchain.According to a Wednesday announcement, Victoria Bitter has partnered with major blockchain energy firm Power Ledger to unlock a new program allowing participants to exchange excess solar energy for slabs of beer.“The only thing better than drinking the Big Cold Beer in the Aussie sun is....
In the National Lifestyle Villages in Busselton, Australia, a group of homes are experimenting with selling excess solar energy over the blockchain. Experimenting with Solar Power. The Australian-based start-up, Power Ledger, is conducting the experiment that will last for 8 weeks. With the help of another Australian-based start-up, Ledger Assets, the company will be running a trial on Peer-to-peer energy markets that will allow 10 homes to figure out how much money they can actually earn by selling their excess solar power to other peers. To get their plan off the ground Power Ledger will....
An Australian company aims to change the way energy trading is done in the country by undertaking trials that will determine how individuals buy, sell or exchange excess solar electricity through its blockchain-based software instead of on the grid. Later this month, Power Ledger will start the trials which will take place over eight weeks and involve ten households, according to a company press release. The aim of the pilot project is to ensure that producers and consumers have the ability to trade their energy directly, whereby they can save money and maximize the use of the solar....