February 7 (Renewables Now) - Italian utility Alperia SpA will use the technology of Australian blockchain energy technology firm Power Ledger in its renewables business.
The Australian company’s platform enables households and businesses to trade the excess power from their rooftop solar panels and battery storage facilities with their neighbours. The peer-to-peer energy trading is carried out with the help of special software.
In a press release on Thursday, Power Ledger said it has won a contract from Alperia after taking part in the utility’s Alperia Startup Factory Innovation Camp competition. As a result, its technology will be deployed in a range of new services for commercial and residential customers, such as energy trading, origin tracking, measurement and verification and reporting of renewable energy certificates. Its first application will be into the smart metering field, with the trial expected to run between January and May 2020.
“Leveraging Alperia’s customer base, Power Ledger’s technology will help demonstrate how the country can rapidly progress its green energy targets,” said Power Ledger’s co-founder and executive chairman Jemma Green. He added the Aussie firm’s technology has already been successfully used for renewable energy trading and virtual power plant applications.