New Project of blockchain for India’s power consumers

Electricity distributor BSES Rajdhani Power Limited (BRPL) has partnered with Power Ledger, a specialist in blockchain-based renewable energy trading, to install a large-scale peer-to-peer (P2P) energy trading trial in Delhi, India.

BRPL is the first electricity distribution company (Discom) in India to use the technology to trial P2P solar trading. The trial initially comprised 5-6MW of existing solar infrastructure, servicing a group of gated communities (CGHS) in the Dwarka region.

During the trial, residents with rooftop solar infrastructure sold excess solar energy to their neighbours, rather than letting it spill back to the grid. This enabled participants access to cheaper, renewable energy and prosumers to monetize their investment in solar assets.

 

Source : https://bit.ly/3exUNuW