Power Ledger launches renewable energy credit marketplace in SE Asia
Blockchain-enabled approaches to advancing the transition to renewable energy sources are making inroads in new regions. On Aug. 25, Australian blockchain firm Power Ledger announced its forthcoming launch of a marketplace for trading renewable energy certificates (RECs) across Thailand and the Southeast Asian region.
Dark data is an invisible carbon footprin
The COVID-19 pandemic has brought about some unexpected positive environmental consequences. With economies now at a virtual standstill, carbon output could fall by more than 5 percent year-on-year – something not seen since the end of World War II.
Meralco commits to expand meter reading amid consumer complaints
Metro Manila (CNN Philippines, May 22) — Major power distributor Meralco on Friday committed to expand meter reading among all its customers to reflect adjustments in the June billing statement. In an online Joint Congressional Energy Commission hearing, Victor Genuino, Meralco first vice president and head of customer retail services and corporate communications, said less than one […]
Blockchain eyed for palm oil
The Energy Ministry has ordered the Energy Business Department to discuss with Thai oil traders the prospect of using blockchain to facilitate palm oil trade. A blockchain system would cut out the middleman between palm planters and palm oil mills, in theory allowing planters to sell the commodity at higher prices.
OpenSys Technologies eyes 30% profit contribution from new solar solutions
OPENSYS Technologies Sdn Bhd, a subsidiary of OpenSys (M) Bhd, is allocating RM650,000 of its total capital expenditure this year for system development amid the growth potential of the solar sector in Malaysia. Following the launch of buySolar — Malaysia’s first one-stop online marketplace for solar services and products — the company has several more […]
Egat to run solar power trade test
The state-run Electricity Generating Authority of Thailand (Egat) has initiated a test of peer-to-peer power trade from solar rooftops, planning to enter the prosumer trade in the coming years. Governor Viboon Rerksirathai said Egat installed solar panels on top of its headquarters in Nonthaburi to conduct the test and collect power trade data. The power […]
Power Ledger partners with US registry M-RETS for REC blockchain trading
Today, blockchain firm Power Ledger announced a partnership with the U.S.-based Midwest Renewable Energy Tracking System (M-RETS) to launch a Renewable Energy Certificate (REC) marketplace in the country. M-RETS is a web-based REC registry used by power generators, utilities, marketers, and qualified reporting entities. The centralized solution tracks RECs and facilitates transactions by issuing a […]
Ho Chi Minh City’s EVN to become digital business
Ho Chi Minh City, Vietnam’s electricity sector has set a target to become a digital business by adopting key technologies such as big data, Internet of Things and artificial intelligence (AI) to improve the local power system. Electricity of HCM City (EVNHCMC) deputy director-general Nguyen Duy Quoc Viet said: “Technology has drastically changed the power […]