Trial of peer-to-peer energy trading system to start in Auckland in December

Thu, 01 Sep 2016

By Edwin Mitson Sept. 1 (BusinessDesk) - Power distributor Vector has signed a deal with West Australian energy company Power Ledger to use its peer-to-peer platform to enable people and business to buy or sell surplus electricity to each other. The system enables an individual who has solar power or batteries to sell any surplus energy they generate to someone else, bypassing the traditional electricity retailer. A trial is to get under way in December this year involving 500 sites in New Zealand's biggest city, Auckland. Schools,...

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