Indian electricity distributor ready to trial P2P solar trading

Peer-to-Peer (P2P) Energy Trading through blockchain – enabled solutions

Electricity distributor BSES Rajdhani Power Limited (BRPL) has partnered with Power Ledger, a global leader 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 in India to use Power Ledger’s technology to trial P2P solar trading. The trial initially comprised 5-6 MW of existing solar infrastructure, servicing a group of gated communities (CGHS) in the Dwarka region.

The trial will be expanded to include blockchain-enabled solutions for group net metering, virtual net metering, electric vehicle charging and virtual power plant applications in the near future. 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 will enable participants access to cheaper, renewable energy and prosumers (those that own solar power infrastructure) to monetise their investment in solar assets.

Source : http://www.indiasmartgrid.org/viewnews.php?id=6125