After what was a transformative 2017, we can’t wait to get started with 2018 here at Power Ledger. Our successful TGE and the support our token holders have provided set us up for what we believe will be a hugely successful next 12 months.

A lot more will have changed again by this time next year but, before this happens, we thought it’d be useful to take a look at some of the different ways Power Ledger is being used.

Microgrids

Microgrids provide resilient, renewable and localised energy supplies to communities that choose to utilise them. Microgrids allow communities to access the benefits of microgrids without needing to access the large upfront capital that they can require.

The Power Ledger platform can be used to support Microgrids, with the best known live example being our partnership with Tech Mahindra in India. Power Ledger is being used across Tech Mahindra campuses in India where consumer data is being used to prove the accuracy and security of the trading platform.

Village-To-Village Trading

Like microgrids, village-to-village trading is another way that communities can break their reliance on single grids and start to trade energy in a peer-to-peer fashion. By utilising renewable energy assets, villages can generate all the energy required to cover their needs.

Also, any excess energy can be traded with other villages that require more, either because they can’t generate enough themselves or because they want to access an alternative supplier to the main grid. Power Ledger can be the platform that enables this trading to take place, recording ownership and transactions on the immutable blockchain.

Strata Developments & Apartment Blocks

Strata developments, which involve individual ownership of a property within a larger complex such as an apartment block, make up a significant chunks of the housing stock in countries such as Australia. However, even with all the sun the country sees, few are making the most of renewable energy assets like solar panels to produce the energy they need.

This is changing though, as more people see the benefits of producing renewable energy for themselves and the Power Ledger platform can be used to manage the process of generation and trading. At White Gum Valley in Western Australia, the Power Ledger platform will enable residents and property managers to allocate grid supplied energy as well as energy generated on-site through the embedded network that exists there.

Electric Vehicles

Just as Strata building can incorporate renewable energy assets to generate power to use on site or traded with others, they can also play a part in another area of the green economy with electric vehicles. Specifically, electric vehicle charging units that are incorporated into Strata developments can utilise the energy produced by solar panels to charge electric vehicles, which pay for their use.

Power Ledger’s energy trading platform can be used in this situation to manage the entire end-to-end process of energy generation, usage, trading and sale via the charging points. In this way, Power Ledger provides an alternative income source for communities that want to supply renewable energy.

Asset Germination

Asset germination is the process by which individuals can invest in renewable energy assets, such as solar farms, microgrids or batteries. As interest in renewable energy increases, individuals who cannot afford to purchase this sort of infrastructure themselves can use asset germination events to purchase a stake instead. In this way, they can also benefit from revenue that is generated when the energy produced is traded.

The Power Ledger platform is the perfect solution for such events because of the immutable nature of records on the blockchain, where ownership is securely recorded with any related transactional information too.