About Power ledger
Power Ledger: Revolutionizing the Energy Market with Blockchain Technology
Power Ledger is a blockchain-enabled software platform that has been designed to revolutionize the energy market by providing an operating system for new energy markets. The company's mission is to create a decentralized, transparent, and secure platform for trading renewable energy and environmental commodities.
The Power Ledger platform allows individuals and businesses to buy and sell renewable energy directly from each other without the need for intermediaries such as utility companies. This peer-to-peer trading system enables consumers to generate their own electricity using solar panels or wind turbines and sell any excess power back to the grid.
The Power Ledger platform uses blockchain technology, which provides a secure, tamper-proof ledger of all transactions. This ensures that all trades are transparently recorded on the blockchain, making it easy for regulators to monitor activity on the network.
One of the key benefits of using Power Ledger is that it enables consumers to take control of their own energy usage. By generating their own electricity using renewable sources such as solar panels or wind turbines, consumers can reduce their reliance on traditional fossil fuels and help combat climate change.
Another benefit of using Power Ledger is that it provides an efficient way for businesses to trade renewable energy certificates (RECs). RECs are tradable certificates that represent proof that one megawatt-hour (MWh) of electricity was generated from a renewable source. By trading RECs on the Power Ledger platform, businesses can easily meet regulatory requirements while also supporting clean energy production.
Power Ledger has already made significant strides in transforming the global energy market. The company has partnered with several major utilities around the world including American PowerNet in Pennsylvania, Origin Energy in Australia, KEPCO in South Korea, BCPG in Thailand and many more.
In addition to its partnerships with utilities companies around the world, Power Ledger has also received numerous awards recognizing its innovative approach towards creating sustainable solutions for our planet's future. In 2018, the company was named as one of the top 100 most innovative companies in the world by Fast Company.
In conclusion, Power Ledger is a game-changing platform that is transforming the energy market by providing a decentralized and transparent system for trading renewable energy and environmental commodities. With its innovative use of blockchain technology, Power Ledger is helping to create a more sustainable future for our planet while also empowering individuals and businesses to take control of their own energy usage.
powerledger.io
