Is ASEAN Ready for the Era of Energy Digitalisation?

Event Webinar: Is ASEAN Ready for the Era of Energy Digitalisation?
Schedule Monday, 12 March 2018, 2-3 p.m Jakarta time (UTC/GMT +7 hours)
Presentations Please download here

 

Questions and Answers
Q1 How and when will the hardware part of energy distribution be constructed and be ready for p2p trade?
A1 [PL] The Power Ledger platform is a software based transactional layer, which doesn’t require any specific hardware component for deployment. All that is needed for uptake of the platform is a smart meter. The Ecosystem needs to be set up and managed by someone, we call them Application Hosts. An Application Host can be a community board, community retailer, microgrid manager, large scale retailer, etc.
Q2 I would like to know what kind of basic infrastructure is required to run a smart grid between a small residential cluster?
A2 [PL] The Power Ledger platform is a software based transactional layer – so we don’t necessarily require the presence of a smart grid to operate. Provided the residential or commercial site has a smart meter, the platform can be successfully deployed behind the meter or across the grid as the case may be.
Q3 What is the progress on or challenges with immediate/near immediate consensus on blockchain transactions to allow for real-time network management? Is this an end use case that is being considered?
A3

[PL] Our current chain is not public, so we don’t encounter the same challenges with achieving immediate consensus on transactions. Our platform is live today, and already running at nearly real-time intervals. These challenges should definitely be taken into consideration if running a public chain, although the trend towards using proof stake networks should help alleviate this.

Q4 Where is Power ledger now in terms of energy distribution in their development phase?
A4 [PL] Power Ledger is not involved directly in energy distribution – our platform enables the fast, secure and low-cost trading of energy between generators and consumers. We currently have live projects in Australia, New Zealand, India, Thailand and soon to be in multiple other countries . We are also actively working on bridging the gap to becoming a commercial grid product.
Q5 I would like to direct my question regarding basic infrastructure requirements to Power Ledger. Whether it can be implemented in small residential clusters in a country such as Brunei.
A5

[PL] Provided the residences have smart meters, our platform can run on existing infrastructure – we do not have any specific hardware requirements. Depending on the energy regulations in Brunei, an energy retailer or embedded network manager / microgrid manager / strata manager will likely need to act as an application host for the platform.

Q6 Who did SEDA partner with to testing the sandbox?
A6 [SEDA] SEDA will disclose the partner once our application to the National Regulatory Sandbox has been approved.
 Q7 What’s the major block that is hindering or stopping democratisation of energy or power? Question to Power Ledger.
A7 [SEDA] Regulatory requirements and restrictions are without doubt the biggest roadblock to the full democratisation of power – in every jurisdiction. Currently, consumers are unable to trade energy without the presence of an intermediary, and peer to peer trading is not permitted across regulated networks. We are actively involved in this space, and are making substantial progress on achieving reform this area.
Q8 How does the sandbox will transform the customer behaviour in Malaysia?
A8 [SEDA] Importantly, the purpose of the sandbox is to allow innovative ideas using new and emerging technologies to test run in live environment with relaxed regulatory constraints. At the end of the sandbox tenure, the ones taking part in the sandbox are obliged to submit a report to the National Regulatory Sandbox Council the measures for full deployment  in live environment, including possible changes to regulations.