Power Ledger Bags Contract with Alperia, Italy’s Green Energy Utility

As per reports, Power Ledger’s technology will be used to discover a number of new services for Alperia’s commercial and residential customers such as energy trading, origin tracking, and reporting of renewable energy certificates

February 07, 2020. By News Bureau

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Power Ledger has announced that it has secured a contract with Alperia after being named a winner of Alperia Startup Factory Innovation Camp.

As per reports, Power Ledger’s technology will be used to discover a number of new services for Alperia’s commercial and residential customers such as energy trading, origin tracking, and reporting of renewable energy certificates.

“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 Co-founder and Executive Chairman Jemma Green.

In 2013, feed-in-tariffs for solar in Italy ended leaving consumers with limited options to monetize excess solar, with volatile retailer prices also impacting the predictability of cash flow.

“Our technology has already been proven as an effective solution for transacting renewable energy trading and virtual power plants, processing transactions instantaneously as a digital ledger, with price determined by supply and demand in real-time,” said Green.

Power Ledger’s technology will be integrated into smart meters at Alperia dedicated test sites initially to identify and calculate benefits of the product suite for its customers

“Power Ledger's peer-to-peer trading technology could put our customers in the driver’s seat and give them the possibility to not only protect their investment but maximize their contribution to a carbon-free future,” added Alperia Innovation Manager and Project Lead Anna Lena Hörter.

The trial is expected to run from January until May 2020.

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