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PROJECT PROFILE
Evermore, Australia
Props Received:
308
Followers:
3810
Key Project Players and Roles
| Company | Technology Provider | Advisor | End User | Other | |
|---|---|---|---|---|---|
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Power Ledger
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Project Details
Project Country:
Australia
Project Phase:
--
Project Status:
Active & Operating
Key Dates
Date Announced:
--
Date Launched:
--
Project End Date:
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Project Description
What does the project do and how does it work?
The project focuses on deploying blockchain technology to enable renewable energy trading among the residents. This reduces the reliance on grid supply and enables prosumers to sell excess energy to their neighbors rather than to the grid. Residents will be able to trade solar energy from the 53.6-kilowatt solar system and stored in a 150kW battery.
Who is involved in the project and why?
Power Ledger, a blockchain technology solutions provider and Yolk property group, a real estate company are deploying this project to enable residents in their apartments to share excess energy using power ledger's peer-to-peer energy trading platform.
Where is the project located and what is the size of the region of impact?
The project is located in White Gum Valley, Australia
What are the value propositions associated with this project?
This project enables households to consume clean energy and cheaper renewable energy in comparison with Grid energy. This also reduces consumers reliance on the grid and carbon footprint.
What is the problem statement that is being addressed with this project?
Blockchain provides technology for sharing excess energy from solar rooftops among neighbors in flexible and cost-effective ways.
Industry Applications
Innovative Technologies Incorporated in the Project
IN THE NEWS
Articles about
Evermore, Australia
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ADDITIONAL PROJECTS
Power Ledger
Project Associations
Project Name
Project Roles
Project Phase
Project Status
Date Announced
Date Launched
Project Location
Financial Partner
Pilot
Active & Operating
--
--
United States
Advisor
Pilot
Active & Operating
May 1, 2018
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United States