Dr. Green went on to win the “Australian EY Fintech Entrepreneur of the Year award” and a few other awards that the company is associated with are “Sir Richard Branson Extreme Tech Challenge 2018 winner” – Power Ledger, “Women of Influence in innovation winner” – Dr. Jemma Green, “Australian Blockchain Industry Awards”, “Blockchain leader of the year” – Anya Nova, “Fast Company World Changing Ideas finalist” – Power Ledger & “Charge awards for branding” – Power Ledger.
The company has active projects all across the world and has partnered with some of the most well-known energy companies on the planet to improve the efficiency and transparency of energy markets. For instance, the partnership with Japan’s second-largest utility, KEPCO, trialed a blockchain-enabled demonstration of P2P transactions for post-FIT surplus power in Osaka, proving the accuracy and consumer acceptance of Power Ledger’s leading-edge technology in Japan in addition to Australia. The way energy has been traded from the grid to the user hasn’t changed for decades, and in order to reach the Paris agreement goals for climate change, the company has planned for bigger commitments from energy corporations to power their operations from green energy. The firm is already working with companies around the world and has ongoing trials in Thailand, Australia, and the United States. It believes that this is a start, but there’s still a long way to go before getting to witness wide-scale adoption.
Recently, Power Ledger announced that it is rapidly scaling the present business by forming partnerships with energy providers across the world to proliferate the use of technology to promote the generation of electricity from renewable sources.
“It’s hard to break into a market that has operated and lived by the same guidelines for decades. We’ve spent the past three years working with regulators and energy retailers, not against them. We’re helping them find better efficiencies, provide unique service offerings to customers and improving access to renewable energy as an everyday option, regardless of whether users own solar infrastructure. Leading the global democratization of energy movement where people have access to energy, can participate directly in energy markets and improve their lives and the lives of others have always been our outright goal. So, we’re now looking only to the future, to a new year when the hard work of demonstrating the effectiveness of our platform delivers scale in terms of MW, RECS and users on the platform,” further adds Dr. Green.
Power Ledger is now working with property developers to implement energy trading software from the ground up and support solar & storage in people’s homes, and shopping center developments. The company’s goal is set on continuing its work with energy retailers and developers to integrate technology into their project so future homeowners and commercial buildings can be empowered in their energy usage and working in synergy towards a greener future.