Power Ledger ICO - Decentralized Energy Marketplace
the Power Ledger Website; https://tge.powerledger.io
https://powerledger.io
THE POWER OF POWER
The energy industry used to be simple.
Vertically-integrated utilities sat in the middle of the system, like benevolent
spiders spinning a web out to the last consumer requesting connection: they
decided where and when to build generating capacity; they decided how to
bridge the distance between generators and loads; they kept the system in
balance through the deft application of the levers available to a centralized
controlling entity.
While progressive utilities and regulators try to position themselves as
consumer-focused or consumer-centric, the reality is, even the most
progressive are only rephrasing a narrative that pushes citizens into categories
of consumers.
A TRUSTLESS TRADING PLATFORM
A trading platform is a network that allows consumers to sell energy to their
peers in a trustless environment.
It is a new component of the distributed economy that allows consumers to
realize the value of their investment in DER by allowing them to monetize their
excess energy in much the same way as Uber and AirBnb allow people to
monetize their cars and spare rooms.
And trustless?
WHY SOCIETY NEEDS AN ENERGY TRADING PLATFORM
It is not just network service providers that benefit from maintaining the
relevance of one of our most important social assets.
The people that have the most to lose in the face of falling network utilization
are the people that have the least ability to influence their exposure to rising
network costs and the impact on grid-supplied energy.
The financially and socially marginalized renters, the huge number of tenants
living in group housing developments and even those whose homes are
oriented in the wrong direction or are exposed to shading from nearby buildings
Power Ledger Pty Ltd Copyright © 2017 10
or trees, are the people who will bear the impact of falling network utilization if
we do not find a way to incentivize Prosumers to stick tight to the network.
Unlike the centrally-managed power systems of the past, the future of the
energy system, will be co-created by the prosumers and investors that will
decide where and when to install DER.
the Power Ledger Website; https://tge.powerledger.io
THE BOARD OF DIRECTORS:
Dr. Jemma Green | Chair
Jemma, as the Chair, provides the strategic external relations, risk
management, and leadership development for Power Ledger. Jemma has more
than 15 years’ experience in finance and risk advisory, having worked for 11
years in investment banking in London. Whilst there, she completed a Masters
degree and two postgraduate diplomas from Cambridge University. Jemma is
a research fellow at Curtin University Sustainability Policy (CUSP) Institute,
whose doctoral research into “Citizen Utilities” has produced unique insights
into the challenges and opportunities for the deployment of roof-top solar PV
and battery storage within multi-unit developments and the application of the
blockchain. Jemma is experienced in the challenges of sustainable cities
through her role as an independent Councilor of the City of Perth. She is also
the Chair of Climate-KIC Australia.
David manages the daily operations and commercialization of Power Ledger’s
technology, working to build the market acceptance of P2P trading and to gain
the regulatory reforms required for democratization. David has nearly 20 years’
experience in the electricity industry and has held executive positions in two
State-owned electricity utilities. David has spent the past 6 years as a senior
consultant to industry participants, specializing in regulation of distribution
networks, DNSP consumer engagement, renewable/new technology feasibility
studies, and business development. David has significant experience in the
challenges and opportunities facing regulated DNSPs as they transition to a
new energy-demand paradigm that sees customer behavior leading
technology and service demand changes that can present “make or break”
opportunities for DNSPs. David is passionate about the development of a lowcarbon
electricity system focused on the needs of all consumers.
John Bulich | Technical Director
John provides the strategic direction for conceptual, system and application
design and development for Power Ledger. John leads the technical team in
the development of the Power Ledger Platform. John is a Director and Cofounder
of Ledger Assets, a Perth-based blockchain developer specializing in
the creation and commercialization of technical and commercial blockchain
systems. Ledger Assets has successfully developed and deployed world-first
blockchain-based products proving the provenance of artefacts including
evidence-grade photography, video, document management and medical
records management.
Dr. Gov van Ek | Technical Development
Gov works on technical development. In 2015, he Co-founded Ledger Assets, a
leading Australian blockchain company. He has a PhD from University of
Manchester in Total Technology and before Ledger Assets, he was Managing
Director of a number of private and listed companies. He is an investor and
business founder and launched his first software company in 1991. Gov is
experienced in concept development, systems architecture and design,
commercial matters and has expertise in human/computing interface design
and A.I.
Jenni Conroy | Company Secretary & Product Development
Jenni is Power Ledger’s Company Secretary and manages regulatory and
business services, which includes development of products for Power Ledger’s
Platform. Jenni has more than 30 years’ experience in the Western Australian
energy industry, holds Master’s Degrees in both Business and Commercial Law,
and is the owner of Future Effect, an energy sector consulting firm. Jenni has
provided strategic, commercial, and regulatory advice to boards and senior
management of Energy Market Participants and to governments in developing
energy policy and regulation. She has built an enviable reputation in the West
Australian electricity sector for economic and technical regulation, industry
development, and electricity entity valuation
Bill Tai | Board Advisor
Originally trained as a chip designer, Bill joined LSI Logic, a seminal Silicon
Valley startup formed by the CEO of Fairchild Semiconductor after earning a
BSEE with Honors from University of Illinois. After completing a MBA at
Harvard, he was issued badge #A001 at TSMC, now among the most valuable
tech companies in the world. He has been a venture capitalist since 1991 and
today is the Chairman of Treasure Data, a Board Member of Bitfury and Voxer.
Bill was Founding Chairman and CEO of iAsiaWorks (IPO via Goldman Sachs &
Morgan Stanley) and Founding Chairman of IPinfusion. He has served as
Board Director of 7 publicly listed companies that grew from startups he
funded at their formative stages. He serves on the World Economic Forum's
Technology Pioneer Committee and is an Adjunct Professor of Innovation at
Curtin University.
THE TEAM
visit the powerleger website and download the white paper to find out more about this exciting ICO
https://tge.powerledger.io
https://powerledger.io