Pilot Energy Trade On Blockchain Successfully Done In Japan

Pilot Energy Trade On Blockchain Successfully Done In Japan

The Kansai Electric Power Co. (KEPCO, based in Japan) and Power Ledger (an energy tech firm from Australia) have completed a joint trial of a blockchain-based system for post-FIT (feed-in tariff) surplus power in Osaka. GM of KEPCO, “…Power Ledger’s product presents significant opportunities for prosumers to sell their excessive energy at more advantageous prices and for consumers to buy it at more affordable prices.”

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