Dairy farmers in the heart of Victorian coal country will soon be able to trade solar power using blockchain processes.
|The trial can help turn dairy farms into mini-power plants.|
A virtual microgrid will be created in the the Latrobe Valley, exchanging energy generated from 200 Gippsland dairy farmers, 20 businesses and 150 households, powered by a decentralised, peer-to-peer blockchain energy trading platform called Exergy.
Ivor Frischknecht, the Australian Renewable Energy Agency's chief executive, said the trial was the first step in transitioning the agricultural region - near the state’s coal-fired power stations - to renewable power. It would be the first major trial of a blockchain-based virtual microgrid in Australia.
Read Cole Latimer’s story from WA today - "Solar microgrid to launch in the heart of coal country.”