In a major environment-friendly digital initiative, Delhi electricity distribution company (discom) BSES on Wednesday announced that BSES Rajdhani Power Ltd (BRPL) has partnered Australias Power Ledger, a global leader in blockchain technology, to launch consumer-to-consumer (peer-to-peer or P2P) solar power trading on a trial basis.
There is no specific hardware device or investment required to sign up to the blockchain-based platform. “This technology is a transactive layer that utilises close to real-time data from smart meters to facilitate the P2P trading environment. All that is required is access to solar power infrastructure – solar power panels installed on the roof of the house, or solar power infrastructure within the consumers’ community”, it added.