Decentralizing Energy, Power Ledger (POWR) Part 2

g-dubs (71)in #bitcoin • 7 years ago (edited)

Yesterday I starting writing about Power Ledger, a decentralized , trustless energy trading platform.

That article gave a general overview and vision of the project. Today I look at some of the projects Power Ledger has worked on already.

The primary application of Power Ledger, and one they have available already is P2P trading. That enables the frictionless buy and selling of energy. You can also choose a clean energy source, trade with neighbors, and sell excess power.

Power Ledger’s first project using this platform was in Busselton, Australia, which is south of Perth. It involved 10 households in the National Lifestyle Village. The results showed the households could save $AUD600 a year on electricity.

Another project followed soon thereafter, this one in Auckland, New Zealand. Power Ledger partnered with energy company Vector to use the Power Ledger platform at 500 sites. This is an ongoing project.

Then there’s this recent project in Western Australian at the White Gum Valley Development. What’s interesting is that this residential project completely bypasses the tradition grid.

That’s likely waking up the energy retailers. And in fact Power Ledger recently started working with Australia’s Origin Energy for energy trading and other applications as well.

Being more than just a concept and having projects using the technology is another check mark for Power Ledger. I continue to like what I see.

What do you think of Power Ledger?

For more on cryptos follow me @g-dubs and on SteemFollower

#cryptocurrency #blockchain #ethereum #powr

7 years ago in #bitcoin by g-dubs (71)

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sizuka (53) 7 years ago

-Excellent post thanks for sharing..

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g-dubs (71) 7 years ago

Thanks!

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myeasin (57) 7 years ago

Thanks @g-dubs for your another good post I appreciate your every post 👌👌

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g-dubs (71) 7 years ago

Thank you!

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samstickkz (65) 7 years ago

DEX is the future

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g-dubs (71) 7 years ago

yep

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minnowpond (62) 7 years ago

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g-dubs (71) 7 years ago

@originalworks

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randofish (0)(1) 7 years ago

This post received a 35.93% upvote from @randofish thanks to @g-dubs!
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booster (68) 7 years ago

This post has received a 5.34 % upvote from @booster thanks to: @g-dubs.

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This post has received gratitude of 8.13 % from @appreciator thanks to: @g-dubs.

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fernando26 (43) 7 years ago

Then there’s this recent project in Western Australian at the White Gum Valley Development. What’s interesting is that this residential project completely bypasses the tradition grid.

Wow! That's simply amazing! And now these guys are getting into blockchain... Awesome!

I started reading on your 3rd post, and went back to this and the first one. Upvoted all 3!

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Decentralizing Energy, Power Ledger (POWR) Part 2

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