Power Ledger Deploys Peer-to-Peer Renewable Energy Trading Platform

Power Ledger News: Following its win at the Richard Branson’s 2018 Extreme Tech Challenge, the leader in decentralized energy trading platforms, Power Ledger, announced today that they will be deploying their peer-to-peer (P2P) renewable energy trading platform at licensed retail electric provider American PowerNet’s headquarters in Wyomissing, Penn.

American PowerNet’s headquarter plans to incorporate xGrid platform to trade 35kW of solar power, that is produced from its office roof and carport; neighbours connected in the office park enables them to optimize clean energy for both carbon reductions and to decrease electricity costs.

Power Ledger aims to enable a decentralized energy structure will allow regular people to actively participate in the growth of the industry while being accountable for the impact of energy on the environment. This endeavour with American PowerNet reaffirms their goals.  President of American PowerNet, Scott Helm said:

“Rather than just dump our excess solar power on to the grid, we’re thrilled we can now provide clean, sustainable power to our neighbors. Power Ledger’s P2P platform will optimize the offering for all of the participants.”

Read more: What is Power Ledger (POWR)? A Beginner’s Guide To Power Ledger Cryptocurrency


Leave a Reply

Your email address will not be published.