Power Ledger Brings Peer-to-Peer Renewable Energy Trading to Thailand

Cointelegraph

Published May 25, 2020 09:36AM ET

Updated May 26, 2020 01:00PM ET

Australian firm Power Ledger announced a partnership with Thai Digital Energy Development (TDED) on May 25 to create a blockchain-based digital energy platform in the country.

The platform will enable environmental commodity and peer-to-peer (P2P) energy trading, in order to accelerate adoption of renewable energy sources. Thailand aims to generate 25% of its electricity from renewables by the year 2037.

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