Powerledger (POWR) is a technology company that develops software for decentralized energy markets, with the aim of contributing to a sustainable future. The company has created a blockchain-based platform that facilitates the tracking and trading of energy, flexibility services, and environmental commodities. Powerledger's mission is to provide a platform for a modern, market-driven grid that aims to offer consumers a choice in their energy sources. The platform operates on two blockchain layers and uses two tokens, the Powerledger (POWR) and Sparkz tokens. The POWR token is an ERC-20 token that serves as a license for businesses to access Powerledger’s platform.

Powerledger operates on the public Ethereum blockchain and a private consortium blockchain known as EcoChain™. The POWR token, an ERC-20 token, acts as a license required for businesses to access Powerledger’s platform. Powerledger's platform is modular and scalable, with products divided into three key pillars: energy trading and traceability, flexibility trading, and environmental commodities trading. These products can be contracted separately and scaled as needed. Powerledger's technology enables renewable energy asset owners to decide who they want to sell their energy to and at what price, potentially providing a revenue stream.

Powerledger's platform has a wide range of potential use cases. It can be used to manage grid stability and flexibility services, manage a 24/7 renewable energy portfolio, facilitate peer-to-peer energy trading, and develop sustainable residential and commercial developments. Powerledger's technology can also be used to facilitate the trading of environmental commodities such as renewable energy certificates and carbon credits, aiming to make these processes more transparent and efficient. Furthermore, Powerledger's platform can be used to track the provenance and flow of energy, giving consumers choice over the energy they're using.

Powerledger was co-founded by Dr. Jemma Green and John Bulich in 2016. Dr. Green, who serves as the executive chairman of Powerledger, completed a doctorate at Curtin University in electricity market disruption, which led to the founding of Powerledger. John Bulich, the technical director at Powerledger, was previously a co-founder and director of Ledger Assets and a director at WA Property Investments. Powerledger is based in Australia and has a diverse client base across multiple countries.

Power Ledger's peer-to-peer energy trading system can potentially lead to changes in user experience. For producers, it offers a platform to distribute their excess energy directly to consumers, potentially providing them with a platform to distribute their excess energy directly to consumers. For consumers, it provides access to a wider range of energy sources, including locally produced renewable energy. Power Ledger's platform also includes tools for managing energy consumption. The platform supports the use of renewable energy sources such as solar panels and wind turbines.

The POWR token is a crucial component of the Power Ledger ecosystem, acting as a license that businesses such as utilities, renewable energy operators, microgrids, and property developers need to access the Power Ledger platform. It operates on two blockchain layers and is traded on various platforms that support ERC-20 tokens. The POWR token is an ERC-20 token, which means it is built on the Ethereum blockchain, a public blockchain known for its smart contract functionality. Power Ledger also uses a second token, Sparkz, which are stable tokens representing units of energy used for transactions within the platform. Sparkz are pegged to the local currency of each market and are issued and redeemed by Power Ledger. This dual token system is designed with the intention of supporting various energy-focused applications, from peer-to-peer energy trading to carbon trading, aiming to contribute to the development of diverse energy applications.

Power Ledger is designed to address the challenges of traditional energy grid systems by utilizing blockchain technology to create a decentralized energy trading platform. The platform is intended to manage and alleviate distribution line congestion, especially in areas with high variable renewable energy shares and underdeveloped grid infrastructure. By incorporating energy storage and demand response mechanisms, Power Ledger seeks to balance local energy demand primarily with a local supply. This approach is intended to address grid stability and capital expenditure issues. In addition, Power Ledger's platform is designed to enable residents and businesses to participate in renewable energy production and trading. This shift from centralized to decentralized energy models is intended to support local energy resilience. The use of blockchain and AI technologies is intended to support the operation of local energy markets (LEMs).

Power Ledger sets itself apart in the blockchain and energy space with its unique approach to peer-to-peer (P2P) energy sharing. It enables individuals to share their excess solar power with each other, optimizing the management of a grid. This is facilitated by blockchain technology, which provides security, scalability, and instantaneous settlement. Power Ledger's platform also includes features such as sharing resources over distance, avoiding the need for a centralized authority, and enabling frictionless interactions. Power Ledger's platform is designed to process a high volume of interactions per second efficiently. The platform includes services like Virtual Power Plant and Flexibility Services, Power Purchase Agreements, and Renewable Energy Certificates. Power Ledger's use of blockchain technology strives to contribute to greener and more affordable energy, facilitating the development of highly scalable decentralized apps to process a high volume of interactions per second efficiently.

Users can participate in the Power Ledger network by staking POWR tokens. Staking is a process where users lock up their POWR tokens in an Ethereum contract. These tokens are then issued onto the Powerledger Energy Blockchain to the user's account. The link between the Ethereum chain account and the account on the Powerledger chain is stored in the Ethereum contract. The native tokens of the Powerledger chain are then staked using a program similar to other blockchain staking mechanisms. The staking portal is designed to be accessible, allowing users to connect various Ethereum and Solana wallets from the same page, and facilitate the staking process. The minimum amount of POWR that can be staked is 5000 POWR. As for the staking activities, 20 million POWR tokens will be allocated for staking participation over 4 years, approximately 5 million POWR tokens a year. 37,000 POWR tokens will be allocated every epoch, which runs for approximately 2 and a half days and is shared in proportion to the amount that was staked.