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Could Dairy Farmers Become Energy Traders with Blockchain?
Renewable Energy World: Dairy farmers in Australia may have the chance to begin buying and selling renewable energy on a peer-to-peer energy trading platform for the first time ever next year.
The Australian Renewable Energy Agency (ARENA) is funding a new feasibility study for a virtual micogrid in a significant dairying region in Victoria, Australia.
According to ARENA, the $775,000 (US$580,000) project will be led by Brooklyn-based energy company LO3 Energy and focuses on the feasibility of creating the virtual microgrid across up to 200 dairy farms, about 100 household consumers and 20 other commercial and industrial customers in the south-eastern region of Victoria. ARENA is providing $370,000 in funding for the study.
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