In a blog post on September 9, 2019, Power Ledger (POWR), an Australian energy trading software company and distributed ledger technology (DLT) project, announced that it has begun the first trial of its blockchain-based peer-to-peer (P2P) technology in rural areas, to enable commercial buildings to monetize their excess solar energy.
Per the blog post, Power Ledger in partnership with Innovations Central Midlands WA Inc, BSC Solar, Sonnen, and CleanTech Energy, has begun the first regional trial of a P2P, blockchain-based energy trading platform.
Reportedly, the pilot will take place at nine commercial sites in Shire of Wongan-Ballidu and a commercial building in the Shire of Moora, an Australian local government area.
Specifically, the participants in these rural areas that will be able to trade and monetize solar energy using the new technology include Shire offices, CRC/Visitor Centre, medical center, local farmer, two agricultural machinery dealerships, amongst others…”
