Power Ledger

About

Power Ledger operates a blockchain-based marketplace that enables residential and commercial users to trade surplus renewable energy peer-to-peer using smart contracts for auditable, automated pricing and settlement.

Mission

Power Ledger operates a blockchain-powered marketplace that lets residential and commercial users trade surplus renewable energy directly with each other via an auditable, automated clearing mechanism. The platform uses smart contracts to enable transparent pricing and trading decisions between buyers and sellers. Co-founded by MD David Martin and Chair Dr Jemma Green, the company has partnered with Bancor to increase POWR token liquidity through instant smart‑contract trades. Power Ledger says it will use the funds to build the business, broaden applications, and make inroads in peer-to-peer trading. The company also pledged up to $1M to help island energy grids affected by hurricanes Irma and Maria, and will support resilient microgrid development by providing its trading platform without transaction fees to those networks.

Quick Facts