ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.


24hr ---

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story


Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
Ether Price Analysis
Contact Us

Origin To Test Ethereum-Backed P2P Energy Trading In Australia With Power Ledger




A test of Ethereum-based technology to underpin a marketplace trial for peer-to-peer energy trading will go live in Australia this October.

On September 21, 2017, one of Australia’s largest energy retailers, Origin, will trial a platform built by Ethereum-based peer-to-peer (P2P) energy trading company, Power Ledger, as a test market for buying and trading energy among neighbors.

According to the announcement, the companies will use anonymized and historic customer data to identify both solutions and obstacles facing the potential marketplace. The test is slated to begin in October and will run for three months. If the test yields positive results, Origin's large customer base may give rise to a new energy management system built on a blockchain P2P trading economy.

Power Ledger managing director David Martin described working with Origin as a major step toward demonstrating the power of the blockchain to unlock the value of consumer-owned distributed energy resources. He continued:

"Exploring technology options with Origin that could allow consumers to take more control of their energy purchasing options highlights how the needs and expectations of energy users are changing in Australia and reflects Origin’s stated commitment to delivering innovative energy solutions to its customers.”

Tony Lucas, Origin’s executive general manager for future energy, expressed that the companies’ joint effort reflects Origin's commitment to exploring and testing emerging technologies. “While it’s still fairly early days for this technology, we are keen to explore the potential benefits that peer-to-peer energy trading could offer our customers," said Lucas. "Power Ledger is one of a number of emerging technologies we’re currently exploring, which we believe could help us meet the changing needs of our customers."

With the trial, Origin will attempt to gain important insights on the P2P energy market. "We hope the trial will help us better understand the value proposition for consumers, as well as the regulatory and technical implications of the peer-to-peer trading model," said Lucas.

“Peer-to-peer energy trading presents an opportunity to unlock enormous value for consumers, it disintermediates the energy supply model putting consumers in direct contact with other consumers,” Martin concluded.

Jeremy Nation

Jeremy Nation is a writer living in Los Angeles with interests in technology, human rights, and cuisine.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest Origin, Power Ledger or other Ethereum application news.