Power Ledger partners with Silicon Valley power grid to tackle renewable energy’s ‘duck’ problem

Australian blockchain-based energy trading startup Power Ledger is partnering with the Silicon Valley power grid to work towards incentivising drivers of electric vehicles to charge their rides during the day, rather than at peak times.

Silicon Valley Power, a not-for-profit utility owned by the City of Santa Clara, will implement the Power Ledger platform to track the movement of energy from solar farms to a multi-storey vehicle charging facility.

The result will be a kind of ‘audit trail’ of power, which will be used to support proposed changes to the low-carbon fuel standards (LCFS) programme that would incentivise drivers to charge their vehicles within certain times, using incremental credits.