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Dr. Jemma Green, co-founder and executive chairman of Powerledger, joins me on the Tech Talks Daily Podcast. We discuss the importance of renewable energy and the role of blockchain technology in encouraging its growth. As renewable energy becomes more prevalent, the current centralized grid system in place can create issues for grid stability, leading to wasted energy and increased costs.

Powerledger has developed a blockchain-enabled software that matches the time and place of energy generation to when and where it is required, enabling peer-to-peer trading of excess renewable energy within local energy communities. This system reduces the cost of energy, encourages the growth of renewable energy, and reduces the need for fossil fuel-based energy.

Additionally, Powerledger has developed a proprietary blockchain solution that is less energy-intensive and faster than previous blockchain systems. The company has won numerous awards for its work in this space and has implemented projects in 12 countries. Dr. Green’s championing of sustainability and corporate social responsibility, coupled with her PhD in electricity market disruption, laid the groundwork for Powerledger’s mission to create a more agile energy market.

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