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Article • Oct 6, 2022

Powerledger's Peer-to-Peer Energy Trading Platform Shows Significant Financial and Grid Impact Benefits in Australia Case Study

Power Ledger
Powerledger's Peer-to-Peer Energy Trading Platform Shows Significant Financial and Grid Impact Benefits in Australia Case Study
Summary
  • Powerledger's local energy market (LEM) platform facilitates peer-to-peer (P2P) energy trading between consumers and prosumers within a defined geography.
  • The LEM platform, when combined with a battery energy storage system (BESS), resulted in smaller electricity bills for prosumers and significant reductions in power grid export and import.

Source: https://medium.com/power-ledger/a-local-energy-market-benefiting-power-grids-and-energy-users-a-p2p-trading-based-case-study-2a15f0b482ff

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