This class of Platform Application gives retailers the ability to empower consumers (or in an unregulated environment, the consumers themselves) to simply trade electricity with one another and receive payment in real-time from an automated and trustless reconciliation and settlement system. There are many other immediate benefits such as being able to select a clean energy source, trade with neighbors, receive more money for excess power, benefit from transparency of all your trades on a blockchain and very low-cost settlement costs all leading to lower power bills and improved returns for investments in distributed renewables.
This class of Platform Application provides Neo-retailers’ with smart demand and supply management, along with almost instantaneous remuneration and payment settlements while managing consumer exposure to the risk of non-supply.
This type of Platform Application enables electricity metering, big data acquisition, rapid micro transactions and grid management at an unprecedented granular scale. Trading in embedded networks breaks the nexus between generation ownership and energy consumption meaning value can be derived from an investment in DER even if the investor is absent or doesn’t consume all the energy they generate.
This Platform Application class offers rapid low-cost and transparent dispatch optimization and management, data aggregation, reconciliation and settlement for wholesale energy marketplaces.
This current Platform Application allows for (1) shared ownership of renewable energy assets and (2) trading renewable asset ownership. The AA is able to buy and sell its own electricity and distribute its income to assigned wallet addresses.
This Platform Application provides optimized metering data, the collection of big data, right to access and dispatch of assets, rapid transaction settlement, network load balancing, frequency management, demand side response and demand side and load management. The optimization of network assets is made viable by the near real-time remuneration of asset owners.
This class of Platform Application facilitates real time metering data (interfacing with the Open Charge Point Protocol (OCPP)), collection of data, user identification and rapid transaction settlement.
A class of Platform Application whereby virtual pipeline and roadside assistance type assets may be automated via the platform, such as EVs, and can provide a mobile storage discharge facility maintaining energy supplies to predominantly self-sufficient energy consumers.
This Platform Application class offers smart contracts for carbon traders to assure digital transactions across organizations; credibility of asset using immutable distributed ledger technology; and transparency and auditability. It supports reporting and surrendering of carbon credits or certificates to regulatory authorities.
In the management of transmission networks, the Platform can provide real time metering data, collection of big data, right to access and dispatch assets, rapid transaction settlement, network load balancing, responding to non-stationary energy.
The Token Generation Event will ultimately allow the substantially accelerated platform development and incentivization of early users onto the Platform.
The first Applications to be in beta testing after the Token Sale will be the Microgrid / Embedded Network Operator/Strata and the Electric Vehicle Trading Applications.
The green energy incentive formula weighted towards renewable energy producers will begin and accelerate renewable energy generation.
Early Application Hosts will be gifted POWR tokens to incentivize their use of and contribution to the Platform.
Power Ledger will complete the transition to a modified fee-less Consortium Ethereum network.
Power Ledger and Platform Application Hosts will begin conducting Asset Germination Events, where POWR token holders will receive priority to become coowners and beneficiaries of renewable assets.
As new Applications are developed potential Application Hosts will be targeted and/or Power Ledger may directly deploy the Application.
Begin beta test of Autonomous Asset Management and Neo-Retailer and Carbon Trading Applications.
Asset Germination Events will be frequently conducted by Power Ledger and its Application Hosts, driving the intrinsic value of the token.
Power Ledger aims to be operating fully on a public PoS blockchain.
Begin beta testing of the PowerPort Application, as well as Wholesale Market Settlement, Distributed Market Management, and other future Applications that cannot even be imagined yet!
World renowned venture capitalist, Bill originally trained as a chip designer and joined LSI Logic, a seminal Silicon Valley startup formed by the CEO of Fairchild Semiconductor after earning a BSEE with Honors from University of Illinois. After completing a MBA at Harvard, he was issued badge #A001 at TSMC, now among the most valuable tech companies in the world. He has been a venture capitalist since 1991 and today is the Chairman of Treasure Data, a Board Member of Bitfury and Voxer. Bill was Founding Chairman and CEO of iAsiaWorks (IPO via Goldman Sachs & Morgan Stanley) and Founding Chairman of IPinfusion. He has served as Board Director of 7 publicly listed companies that grew from startups he funded at their formative stages. He serves on the World Economic Forum’s Technology Pioneer Committee and is an Adjunct Professor of Innovation at Curtin University.
Jemma, as the Chair, provides the strategic external relations, risk management and leadership development for Power Ledger. Jemma has more than 15 years’ experience in finance and risk advisory having worked for 11 years in investment banking in London. Whilst there, she completed a Masters degree and two postgraduate diplomas from Cambridge University. Jemma is a research fellow at Curtin University Sustainability Policy (CUSP) Institute, whose doctoral research into “Citizen Utilities” has produced unique insights into the challenges and opportunities for the deployment of roof-top solar PV and battery storage within multi-unit developments and the application of the blockchain. Jemma is experienced in the challenges of sustainable cities through her role as an independent Councilor of the City of Perth. She is also the Chair of Climate-KIC Australia, a founder of the Global Blockchain Business Council and a contributor to Forbes on blockchain disruption.
David manages the daily operations and commercialization of Power Ledger’s technology, working to build the market acceptance of P2P trading and to gain the regulatory reforms required for democratization. David has nearly 20 years’ experience in the electricity industry and has held executive positions in two State-owned electricity utilities. David has spent the past 6 years as a senior consultant to industry participants specializing in regulation of distribution networks, DNSP consumer engagement, renewable/new technology feasibility studies and business development. David has significant experience in the challenges and opportunities facing regulated DNSPs as they transition to a new energy-demand paradigm that sees customer behaviour leading technology and service demand changes that can present “make or break” opportunities for DNSPs. David is passionate about the development of a low-carbon electricity system focused on the needs of all consumers.
John provides the strategic direction for conceptual, system and application design and development for Power Ledger. John leads the technical team in the development of the Power Ledger Platform. John is a Director and Co-founder of Ledger Assets, a Perth-based blockchain developer specializing in the creation and commercialization of technical and commercial blockchain systems. Ledger Assets has successfully developed and deployed world-first blockchain-based products proving the provenance of artefacts including evidence-grade photography, video, document management and medical records management.
In 2015, Gov Co-founded Ledger Assets, a leading Australian blockchain company. He has a PhD from University of Manchester in Total Technology and before Ledger Assets, he was Managing Director of a number of private and listed companies. He is an investor and business founder and launched his first software company in 1991. Gov is experienced in concept development, systems architecture and design, commercial matters and has expertise in human/computing interface design and A.I.
Jenni is Power Ledger’s Company Secretary and manages regulatory and business services, which includes development of products for Power Ledger’s Platform. Jenni has more than 30 years’ experience in the Western Australian energy industry, holds Masters Degrees in both Business and Commercial Law, and is the owner of Future Effect, an energy sector consulting firm. Jenni has provided strategic, commercial and regulatory advice to boards and senior management of Energy Market Participants and to governments in developing energy policy and regulation. She has built an enviable reputation in the West Australian electricity sector for economic and technical regulation, industry development and electricity entity valuation.
Vinod is leveraging his many years working within the energy sector with Future Effect and Regen Power to connect with client stakeholders across power and business domains, as well as across various third party providers to support the delivery of Power Ledger’s blockchain offering, building new propositions and enhance existing customer experiences.
An engineer with over 10 years of experience and an ex-Goldman Sachs developer, Marc possesses immense systems engineering experience, with exposure to diverse computing protocols, high-performance systems (with cloud technology stacks, security systems), distributed technologies and high availability technologies. Having worked on several PoC projects which use blockchain and smart contract technologies, including Bitcoin, Ethereum, Multichain, Eris and Hyperledger, Marc has used this collective experience to strategically design and build Power Ledger solutions that leverage cross-asset concepts and frameworks.
Kristian brings his 15 years of experience in the energy industry, especially his experience in the analytical, regulatory, and commercial spheres of the industry to his work at Power Ledger, where he applies his expertise to the regulatory, market analytics and pricing requirements of the business. He has extensive experience with regulatory frameworks and compliance, having advised large utility corporations and economic regulators, as well as having worked as a Director on the Retail Energy Market Company board (REMCO) which administers the contestable gas markets of Western Australia. Kristian was also a sitting member of the Market Advisory Committee (the MAC) in the Wholesale Energy Market of Western Australia. Kristian has a strong understanding of compliance requirements within the regulatory frameworks and has coordinated works on regulatory compliance with licence conditions of the different regulated parts of integrated electricity and gas businesses.
Combining qualifications in Behavioural Science and Mechanical Engineering, James has worked extensively within the private, government and university sectors. His current doctoral research at CUSP Institute examines technological transitions within the electricity market, and he brings this experience to Power Ledger in his analyst role. His principal areas of expertise are in the propagation of distributed electricity generation/storage, consumer driven trends within the energy market, and electricity network design. James is a member of the Executive Committee on the Conservation Council of Western Australia.
Meagan is an instrumental part in bringing together and supporting the successful delivery of Power Ledger features to our end users. Acting as the conduit between various stakeholders, Meagan assists in the design and visualisation of decentralised systems, process flows, and reference diagrams, tailoring them depending on specific use cases.