Due to the switch to renewable energies, the higher-level energy grid must also change. With the increase in solar and wind power, the grid needs to be decentralized rather than centralized to be responsive.
That is why Powerledger develops energy marketplaces for its customers based on blockchain technologies. This allows a wide variety of players on the network to trade and track energy in real time. In this way, not only companies but also private households can sell or buy their energy. This helps to create a flexible energy system that will also be resilient and stable in the future.