Date: 2024-12-26 Page is: DBtxt003.php txt00017926
Initiative
Power Ledger
Power Ledger is an energy trading technology company in Midland, Western Australia: West Australian
Peter Burgess
Power Ledger / Our Technology / Current Projects / Media Centre / About Us
WA property developers push for better smart tech, Power Ledger integrated into Midland timber mixed-use development
Power Ledger’s peer-to-peer (P2P) energy trading technology to be installed into nine apartments in a timber-based, mixed-use development in Perth’s eastern suburbs. DeHavilland Apartments by Bluerock Projects will be the first development of its kind in Western Australia. Energy management and embedded network management business Element 47 will integrate with Power Ledger’s platform to provide an internal auditing system of the building’s entire energy consumption.
Midland, Western Australia: West Australian energy trading technology company Power Ledger will have its peer-to-peer (P2P) energy trading technology in-built into a timber-based mixed-use development in Perth’s east.
In partnership with energy management and embedded network management business Element47, Power Ledger’s platform will be integrated into Bluerock Projects’ DeHavilland Apartments to enable nine households and one commercial space to share a solar photovoltaic (PV) system and SENEC battery to trade solar energy between one another using SATEC advanced smart meters.
This is the first timber multi-residential, mixed-use medium rise development in the state. Power Ledger Co-founder and Executive Chairman Dr Jemma Green said it highlighted how the property industry could help drive institutional change towards new technologies and sustainable development.
“The property industry, including developers, urban planners and architects are driving the communities of the future. Planning new technologies such as Power Ledger’s platform into new projects, developers are setting the foundations for the next generation of energy systems,” said Dr Green.
Located in Midland, DeHavilland is the latest in a series of property developments that have integrated Power Ledger’s technology from the design conception state, following a number of developments around Fremantle.
“Power Ledger’s platform is emerging as a state-of-the-art technology for the homes of the future. Homeowners are looking for greener energy options and Power Ledger not only enables greater use out of renewable infrastructure, it also enables solar owners to participate in energy trading markets that were previously unavailable to them,” said Dr Green.
When integrated with advanced smart meters, Power Ledger’s platform provides an internal auditing system for a development’s entire energy consumption.
“Homeowners are increasingly becoming more environmentally in their purchases, whether it be clothes, cars and increasingly in their homes. The energy systems are an integral part of the overall environmental picture for future developments,” said Bluerock Projects Director Stuart Hawley.
Element47’s technology will monitor energy use at the mixed residential complex, giving greater visibility over where the most energy is being consumed, providing efficiency audits from items such as fridges, air conditioners, lights and televisions.
“Element47 gives homeowners greater control to reduce their energy costs, with Power Ledger’s platform allowing you to better utilise your building’s solar energy potential,” said Element47 Chief Technical Officer Andrew Haning.
The development is expected to be completed by the end of 2019.
Power Ledger has active projects around metropolitan and regional Western Australia as well as several countries around the world including Austria, Thailand, Japan and the United States.
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About Element
Element47 is an energy management and embedded network management business that tracks the energy consumption at commercial and residential buildings. The company’s technology identifies inefficiencies in energy use through comprehensive audits on energy expenditure. Element47 shows users exactly how, when and where a building is using electricity delivered as a digital dashboard and provides solutions to improve energy efficiencies and renegotiate energy tariffs.
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Headquarters
Level 2, The Palace 108 St Georges Terrace
Perth, Western Australia 6000
+61 8 9322 6659
© Power Ledger Pty Ltd 2019
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About Power Ledger
Power Ledger is a fast growing tech startup that has developed a world-first blockchain enabled energy trading platform to make energy markets more efficient. We help people transact energy, trade environmental commodities and invest in renewables.
We have received global recognition for our technology including winning Sir Richard Branson’s international Extreme Tech Challenge in 2018. In addition to recognition for the company, our co-founder Dr Jemma Green was named the Australian EY Fintech Entrepreneur of the Year.
Power Ledger’s proprietary software is currently being used in multiple countries including Australia, Thailand, India, Japan and the United States.
With a team comprised of some of the world’s leading energy and blockchain experts, we continue to challenge ourselves to create a world powered by renewable energy.