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Tata Power-DDL to trial blockchain P2P solar trading in Delhi - Ledger Insights
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Tata Power DDL, Power Ledges Announces Launch Of Live Peer-To-Peer Solar Energy Trading Project
by Swarajya Staff - Mar 3, 2021 06:08 AM
Solar panels are installed on the rooftop of an apartment building in Berlin, Germany. (Photo by Andreas Rentz/Getty Images)
In a first-of-its-kind pilot project, Tata Power Delhi Distribution Limited (TPDDL) and Power Ledger in collaboration with India Smart Grid Forum (ISGF) have announced the launch of live peer-to-peer (P2P) solar energy trading project in Delhi, reports
Economic Times.
TPDDL is a power distribution utility serving a population of over 7 million in Delhi. It is a joint collaboration between Tata Power and the government of NCT of Delhi.
3 March 2021
Australian technology company Power Ledger’s blockchain-enabled technology is behind the first live solar energy trading project in Delhi, India, which began operation this week, in collaboration with leading Indian energy utility Tata Power and India Smart Grid Forum.
Power Ledger’s blockchain-enabled technology is facilitating peer-to-peer (P2P) trading of electricity from over 2MW worth of solar PV between 65 prosumers and 75 consumers in India’s capital of Delhi, comprising of 140 buildings and counting.
About 150 sites including Tata Power’s locations as well as their actual customers with solar generation will use the P2P trading platform to sell their excess electricity to other residential and commercial sites in a dynamic pricing environment.
Tata Power DDL rolls out live peer-to-peer solar energy trading project
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