KEPCO (Kansai Electric Power Co Sample Clauses

KEPCO (Kansai Electric Power Co. Regarding the Model J4 of P2P transactions, the trial project by KEPCO and Power Ledger, an Australian energy technology company established in 2016, is a good example. At the site of KEPCO in Osaka, the surplus electricity generated by the prosumers is sent to other consumers, and the P2P transaction between them is demonstrated based on the platform developed by the Power Ledger. Power Ledger uses blockchain technology to enable energy trading, renewable asset financing and efficient carbon and renewable energy credit markets (Power Ledger, 2019). It provides a market trading mechanism for residential and commercial businesses to decide whom they want to sell their surplus energy to and at what price (Xxxxxxxx, 2018). Under this platform, KEPCO shares meter data from participants, and Power Ledger provides KEPCO access to its trading platform to facilitate and monitor energy trading between prosumers and consumers.
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