What is a Power Ledger?

Power Ledger is a peer to peer energy trading platform integrated with existing electrical systems. It may seem far ahead of time but once you consider the energy landscape in Australia, it will inevitably fill the void.Australia has the highest solar system adoption among households in the world. A 1 kilowatt solar panel will produce 4.2 kwh in Australia compared to 3 kwh in Europe. Government rebates for the adoption of solar systems are also a major factor in adoption. Although the rebate is no longer present the adoption seems to have gone up in the following years due to the lower cost of solar panels.
Power Ledger has developed a series of world-leading blockchain energy applications, such as our P2P energy trading app that enables businesses, such as Utilities, to host trading on the Platform. Blockchain technology provides a transparent, auditable and automated trading and clearing mechanism for the benefit of producers and consumers. Our technology enables the sale of renewable energy surplus generated in residential and commercial development (including multi-unit / multi-tenanted) connected to existing power distribution networks, or in micro networks. Power Ledger puts the power to manage the energy economy into the hands of consumers, while keeping the value of existing distribution networks.
How Does a Power Ledger Work?
There are two types of tokens, POWR and Sparkz, POWR tokens allow Host Applications and their consumers to gain access to P2P trading features and other Power Ledger applications. Sparkz, a “low level” token, is specifically limited to representing the token value of electrical units in various markets around the world. The POWR Token is an access token, such as a software license, which gives the Host Application the ability to transact on the Platform, via POWR proof trading for Sparkz.
Power Ledger Platform App

 

  • P2P Trading. Application Class This platform gives retailers the ability to empower consumers (or in an unregulated environment, consumers themselves) to simply exchange electricity with each other and receive real-time payments from reconciliation systems and automated and untrusted solutions. There are many other immediate benefits such as being able to choose a clean energy source, trade with neighbors, receive more money for excess power, benefit from the transparency of all your trades with the cost of a blocked settlement and a low cost leading to lower power. bills and better returns for investments in distributed renewable energy.
  • NEO-Retailer. Application Classes This platform provides Neo-retailers’ retailers with smart demand and inventory management, along with instantaneous remuneration and payment settlement while managing consumers exposed to non-supply risks.
  • Microgid / Embedded Network Operator / Strata. Applications This type of platform enables electrical metering, large data acquisition, fast micro transactions and grid management on an unprecedented granular scale. Trading in embedded networks destroys the nexus between generation ownership and energy consumption which means value can be derived from investment in DER even if investors are absent or not consuming all the energy they produce.
  • Wholesale Market Completion. Application Class This platform offers fast and transparent optimization and management of fast and transparent delivery, data aggregation, reconciliation and completion for the wholesale energy market.
  • Automatic Asset Management (AA). The current Platform Application allows for (1) joint ownership of renewable energy assets and (2) the trade of ownership of renewable assets. AA is able to buy and sell its own electricity and distribute its revenue to the address of the assigned wallet.
  • Distribution Market Management. Application This platform provides optimal metering data, large data collection, access rights and asset delivery, fast transaction settlement, network load balancing, frequency management, demand-side response and demand side and load management. Optimizing network assets is made feasible by the real-time remuneration of asset owners.
  • Electric Vehicles. Application Class This platform facilitates real time metering data (interacts with Open Charge Point Protocol (OCPP)), data collection, user identification and fast transaction settlement.
  • Power Port. A Platform Application class where equipment types and roadside virtual pipeline can be automated through the platform, such as EVs, and can provide mobile storage storage facilities that keep the energy supply to energy consumers are mostly independent.
  • Carbon Trading. Application Class This platform offers smart contracts for carbon dealers to ensure digital transactions between organizations; asset credibility using unchanged ledger technology; and transparency and auditability. It supports the reporting and submission of carbon credits or certificates to the appropriate authorities.
  • Transmission Exchanges. In the management of transmission networks, the Platform can provide real time metering data, large data collection, rights to access and deliver assets, fast transaction settlement, network load balancing, non-stationary energy response.
  • Power Ledger Token

    POWR will be created as an ERC20 token on the Ethereal blockchain and will be integrated into Power Ledger as the main interface token. This is basically a protocol token that not only provides access to the Ethereumpowered platform for users to purchase electricity with it (or through their local utilities) but also acts as a reward or incentive for power producers and consumers who complete their production and consumption through the Power Ledger platform.
     
    • Total token to be created: 350,000,000 POWR
    • only accept payment by: Ethereum
    • Sparkz token will be the same as the local currency of the country. In Australia 1 Sparkz = 1 cent AUD

    The POWR token is requested to produce Sparkz. Sparkz is a token of the local market level and is priced with the currency of the country in which they are placed. This helps facilitate easy transactions between parties.
     
     
    Bonus Purchase Token POWR
    You will get a bonus if you purchase POWR token at the beginning of Pre-sale and bonus details as follows. 
    1. Week 1 15% 
    2. Week 2 10% 
    3. Week 3 5%
    4. Week 4+ 0%
  • Team Of The Power Ledger Project :
    1. Bill Tai (Board Advisor)
    2. Dr. Jemma Green (Founder and Chairman)
    3. David Martin (Co-founder and Managing Director)
    4. John Bulich (Co-founder and Technical Director)
    5. Dr. Gov van Ek (Founder and Director)
    6. Jenni Conroy (Co-founder and Corporate Secretary)
    7. Dorjee Sun (Community Manager – Asia)
    8. Nuno Martins (chief technology officer)
    9. Marc Griffiths (Ethereum Engineer)
    10. Garry Hasler (Senior Software Developer)
    11. Vinod Tiwari (Business Sales and Development Actor)
    12. Kristian Myhre (Energir System Specialist)
    13. Sheree Ip (Legal and Compliance)
    14. Alasdair Penman (Computer Programmer)
    15. James Eggleston (Analyst)
    16. Meagan Cojocar (Analyst)
    For More Information Can Visit Link Below: