It is time to change the power sector of the World. Lets move the world together with Power ledger.
We believe empowering individuals and communities to co-create their energy future will underpin the development of a power system that is resilient, low-cost, zero-carbon and owned by the people of the world.
Power Ledger is the brainchild of a team of respected energy industry professionals, sustainability leaders, disruptors, developers and innovators. It is a team with technical expertise, commercial acumen, regulatory knowledge and a relentless passion to revolutionise the energy sector for the benefit of consumers, producers and distributors.
The Power Ledger Platform is the Ecosystem that enables interoperability between diverse market management/pricing mechanisms and units of electricity (kWh) by way of pre-purchased tokens.
The Power Ledger Platform provides a transparent governance framework that allows the Ecosystem to seamlessly interface with energy markets around the globe, bringing innovation and a wide range of network benefits to consumers.
This approach means the Ecosystem is adaptable and scalable for applications within any existing or future regulatory environment, achieving the dynamic agility required to adapt to any number of regulatory structures. This dynamic agility, allows a redefinition of where Application Hosts (utilities, retailers, property managers, etc.) and customers (users) are positioned in the Ecosystem and who has market power in any transactive arrangement.
The market flexibility of the Ecosystem is facilitated by deployment of a dual token Ecosystem (POWR and Sparkz) operating throughout its two blockchain layers. POWR tokens are the frictionless blockchain tokens that allow Application Hosts and Participants access to and use of the Platform (like a limited software licensing permission). Sparkz tokens are issued against escrowed POWR tokens, via a Smart Bond, and used by the Application Host to onboard its customers.
THE POWER LEDGER PLATFORM
The Power Ledger Platform is a trustless, transparent and interoperable energy trading platform that supports an ever-expanding suite of energy applications, with an exchangeable frictionless energy trading token, Sparkz
The Power Ledger Token (POWRTM) is the fuel of the Power Ledger Ecosystem with bespoke private trading applications creating Sparkz in exchange for POWRs. Sparkz are currently purchased and redeemed using fiat currencies with individual trading platforms hosting closedloop exchanges for energy and Sparkz
Energy trading applications are not just conceptual, they are proven and deployed in communities and energy markets around the world including Australia, New Zealand, Europe and Asia, such as PowerPeers.
- P2P TRADING: This class of Platform Application gives retailers the ability to empower consumers (or in an unregulated environment, the consumers themselves) to simply trade electricity with one another and receive payment in real-time from an automated and trustless reconciliation and settlement system. There are many other immediate benefits such as being able to select a clean energy source, trade with neighbors, receive more money for excess power, benefit from transparency of all your trades on a blockchain, and very low-cost settlement costs, all leading to lower power bills and improved returns for investments in distributed renewables
- NEO-RETAILER: This class of Platform Application provides Neo-retailers with smart demand and supply management, along with almost instantaneous remuneration and payment settlements while managing consumer exposure to the risk of nonsupply.
- MICROGRID/EMBEDDED NETWORK OPERATOR/STRATA: This type of Platform Application enables electricity metering, big data acquisition, rapid micro-transactions, and grid management at an unprecedented granular scale. Trading in embedded networks breaks the nexus between generation ownership and energy consumption, meaning value can be derived from an investment in DER even if the investor is absent or doesn’t consume all the energy they generate.
- WHOLESALE MARKET SETTLEMENT: This Platform Application class offers rapid low-cost and transparent dispatch optimization and management, data aggregation, reconciliation, and settlement for wholesale energy marketplaces.
- DISTRIBUTED MARKET MANAGEMENT: This Platform Application provides optimized metering data, the collection of big data, right to access and dispatch of assets, rapid transaction settlement, network load balancing, frequency management, demand side response, and demand side and load management. The optimization of network assets is made viable by the near real-time remuneration of asset owners.
- ELECTRIC VEHICLES: This class of Platform Application facilitates real time metering data (interfacing with the Open Charge Point Protocol (OCPP)), collection of data, user identification and rapid transaction settlement.
- POWER PORT: A class of Platform Application whereby virtual pipeline and roadside assistance type assets may be automated via the platform, such as EVs, and can provide a mobile storage discharge facility maintaining energy supplies to predominantly self-sufficient energy consumers.
BENEFITS OF POWER LEDGER
- Improved economics for solar PV and battery storage
- Fixes the spiltincentive problem with multi-tenanted properties
- Increases the utilisation, and therefore, value of network assets
- Easier access to low-cost renewable electricity
- Decreases wastage of electricity in transmission
- Provides platform for communityowned generation or storage
ROADMAP & MILESTONES
Our goal is for the adoption of the Platform and Ecosystem globally.
We aim to democratize power: to bring the benefits of our technology to consumers leading to lower power bills, better prices for excess renewable power, and use of cleaner energy.
At the same time, we aim to help businesses to host advanced applications and services in a rapid, transparent, and profitable way
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