Innovations for a decentralised renewable power system

The joint webinar by the International Renewable Energy Agency (IRENA) and the Sustainable Energy Development Authority (SEDA) in Malaysia discusses the transition from electricity consumers to prosumers. In the view of an increasing decentralised power system, innovative technologies, regulations and business models lead to higher share of renewables in power systems. 

IRENA’s presentation will focus on the role of increased demand side flexibility and innovative solutions that the decentralisation brings for the integration of high shares of renewable energy resources in the power system. SEDA will share the experiences and lessons learnt from Malaysia’s 1st pilot run of peer-to-peer (p2p) energy trading, built on Power Ledger platform. Power Ledger will focus on the underlying blockchain technology that supports p2p trading projects, which also runs trials in Australia, Japan, Thailand and United States.