Singapore's Electrify will launch a pilot of its blockchain-based peer-to-peer (P2P) renewable energy trading platform in September. Lim replied, “Well, yes and no. The company is working with the Singapore Energy Authority (SEA) to develop an online marketplace for P2P electricity trading, which it says could be used by both private and public sector customers. Electrify aims to roll out a similar system in Australia and Japan, while investors in Malaysia, Thailand and Spain have expressed an interest.
Singapore's Electrify will launch a pilot of its blockchain-based peer-to-peer (P2P) renewable energy trading platform in September. The company is working with the Singapore Energy Authority (SEA) to develop an online marketplace for P2P electricity trading, which it says could be used by both private and public sector customers. Electrify aims to roll out a similar system in Australia and Japan, while investors in Malaysia, Thailand and Spain have expressed an interest.