Australian Government Awards Grant to $8 Million Project In The City Of Fremantle Using The Power Ledger Platform

Today the Australian government announced they will provide $2.57 million in funding for a cutting edge project in the City of Fremantle and $5.68 million will be funded through project partners including Curtin University, Murdoch University, Curtin Institute of Computation, LandCorp, CSIRO/Data61, CISCO and Power Ledger.

Power Ledger
Nov 17, 2017 · 4 min read

What Are The Funds For?

The project, which involves academic, infrastructure and technology partners, will assess how cities can use blockchain technology and data analytics to integrate distributed energy and water systems. The federal funding comes as part of the government’s inaugural Smart Cities and Suburbs Program which aims to solve practical problems. The project will also be supported by the Australian Energy Market Operator (AEMO), Western Power, and the CRC for Low Carbon Living.

How Will It Work?

The trial will involve highly resilient, low-carbon and low-cost systems installed and connected using blockchain technology. A large solar photovoltaic (PV) plant, rooftop solar PV panels, a precinct sized battery, an electric vehicle charge station and precinct water treatment and capture systems will be orchestrated using blockchain technology and data analytics, and demonstrate the interconnected infrastructure of future smart cities.

What Role Will The Partners Play?

How Is Power Ledger Involved?

Power Ledger will provide the transactional layer for the renewable assets as well as the ownership model for the community owned battery.

Power Ledger

Power Ledger is a fast growing tech startup that has developed a world-first blockchain enabled energy trading platform.

Power Ledger

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World-first blockchain enabled energy trading platform. See more at https://powerledger.io/

Power Ledger

Power Ledger is a fast growing tech startup that has developed a world-first blockchain enabled energy trading platform.