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PROJECT PROFILE
Gen Y - White Gum Valley, 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:
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Project Status:
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Key Dates
Date Announced:
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Date Launched:
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Project End Date:
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Project Description
What does the project do and how does it work?
The project looks to provide each apartment unit, in Gen Y housing project, with an allocation of the onsite shared solar panels and battery assets based on their unit entitlement. The blockchain technology will enable prosumers to sell excess energy to other apartments, using power ledger's blockchain technology.
Who is involved in the project and why?
Landcorp, the Western Australian Government's land, and development agency, and Synergy, Western Australia's largest electricity generator, and retailer, have developed this project to demonstrate sustainable, affordable, cost-effective and flexible housing product targeted at younger buyers. Power Ledger, a blockchain technology solutions provider, is deploying their peer to peer energy trading platform to demonstrate this project.
Where is the project located and what is the size of the region of impact?
The project is on a real estate project in White Gum Valley, Western 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.
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
Gen Y - White Gum Valley, 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
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United States
Advisor
Pilot
Active & Operating
May 1, 2018
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United States