The Times Australia
News From Asia

.

Powerledger and MYTILINEOS Collaborate for Clean Energy PPA Tracking and Smart Sourcing

  • Powerledger partners with Greek energy and metals company, MYTILINEOS (through Protergia), to introduce, for the first time, one of its kind energy provenance tracking and tracing solutions in Greece.
  • With Powerledger's technology, MYTILINEOS can get a one-stop view of their and Protergia's clients' entire energy portfolio, including PPAs, onsite generation, and GOs, offering an efficient way of meeting energy targets at the lowest cost.
  • Protergia's consumers can easily trace and visualise where their energy comes from in near real-time and track their carbon footprint granularly every 5-15 minutes.

  • Zug, Switzerland--(Newsfile Corp. - April 17, 2024) - Powerledger in partnership with MYTILINEOS Energy & Metals (RIC: MYTr.AT) (ATH: MYTIL) (OTC Pink: MYTHY) (MYTILINEOS) through Protergia, introduces energy provenance tracking and tracing solutions in Greece.

    With the Powerledger platform, MYTILINEOS' and Protergia's consumers can now track, trace and visualise where their energy comes from in near real-time and track their carbon footprint granularly. Simultaneously, MYTILINEOS' and Protergia's consumers can take action on their energy consumption, shifting it to a time with a greener energy supply or investing in storage solutions. Powerledger's platform can also help them make smarter procurement decisions, such as when and with whom it would make sense to sign Power Purchase Agreements (PPAs) that contribute to a more hybrid energy portfolio, adapting better to their energy needs. As part of the partnership, the two companies are also delivering smart solutions like green energy tracking and price discovery for EV charging points.

    Powerledger - MYTILINEOS partnership boasts several key features as following:
    • It allows consumers to trace, visualise near real-time energy using blockchain and AI.
    • It provides MYTILINEOS to gain a deeper insight into customer behaviour, preferences, and energy demand patterns and generates a "carbon free energy score" to understand what percentage of the meter energy consumption has been matched with carbon free energy generation.
    • It offers MYTILINEOS visibility over their entire energy portfolio, including PPAs, onsite generation, and Guarantees of Origins (GOs).
    • It enables 'time' and 'location' record stamping of energy generation and consumption, allowing for a seamless transition to a 24/7 renewable energy system.

    Powerledger
    's public blockchain boasts high scalability, extremely low transaction costs, and energy efficiency to handle tens of thousands of transactions.

    "The Powerledger blockchain meticulously tracks and traces the supplied energy from its generation source to its point of consumption, from smart meter data. It ensures a secure and cost-efficient digital record of every supplied kilowatt-hour (kWh), delivering unparalleled transparency and accountability throughout the energy supply chain," says Dr. Jemma Green, CEO & Co-founder of Powerledger.




    Powerledger and MYTILINEOS partnership


    Source: Powerledger

    For further information please contact
    media@powerledger.io | szp@powerledger.io

    About Powerledger:
    Powerledger is a software company that uses blockchain, AI and Web3 to solve pressing energy challenges and enabling customers to access and trade cheaper, cleaner electricity. Powerledger's software and features work alongside the existing infrastructure of energy systems, enabling greater control and ownership for consumers and producers alike.

    Power utilities, governments, and large corporations use Powerledger's solutions to be at the forefront of energy transition by tracking, tracing, and trading every kilowatt hour of energy. Headquartered in Zug, Powerledger is recognised as one of the top 50 companies in Crypto Valley, Switzerland.

    For more information, please visit: www.powerledger.io | LinkedIn | Twitter | Facebook | Telegram

    About MYTILINEOS:
    Founded in Greece in 1990, MYTILINEOS is an industrial and energy multinational company, listed on the Athens Stock Exchange, with a consolidated turnover and EBITDA of €5.5 billion and €1.0 billion respectively. The Company is focused on sustainability, it has set itself the goal of reducing carbon dioxide emissions by at least 30% by 2030 and achieving a neutral footprint in its total business activity by 2050, based on ESG performance indicators for Environment, Society and the Governance.

    MYTILINEOS, through Protergia, is active in the supply of electricity and natural gas, offering modern and reliable services and combined electricity and natural gas products, with more than 500,000 supplies throughout the country.

    The sophisticated way Protergia offers its products shows the future of energy and opens a new path with new possibilities for thousands of homes and businesses.

    www.mytilineos.gr | www.protergia.gr

    The issuer is solely responsible for the content of this announcement.

    Times Magazine

    DIY Is In: How Aussie Parents Are Redefining Birthday Parties

    When planning his daughter’s birthday, Rich opted for a DIY approach, inspired by her love for drawing maps and giving clues. Their weekend tradition of hiding treats at home sparked the idea, and with a pirate ship playground already chosen as t...

    When Touchscreens Turn Temperamental: What to Do Before You Panic

    When your touchscreen starts acting up, ignoring taps, registering phantom touches, or freezing entirely, it can feel like your entire setup is falling apart. Before you rush to replace the device, it’s worth taking a deep breath and exploring what c...

    Why Social Media Marketing Matters for Businesses in Australia

    Today social media is a big part of daily life. All over Australia people use Facebook, Instagram, TikTok , LinkedIn and Twitter to stay connected, share updates and find new ideas. For businesses this means a great chance to reach new customers and...

    Building an AI-First Culture in Your Company

    AI isn't just something to think about anymore - it's becoming part of how we live and work, whether we like it or not. At the office, it definitely helps us move faster. But here's the thing: just using tools like ChatGPT or plugging AI into your wo...

    Data Management Isn't Just About Tech—Here’s Why It’s a Human Problem Too

    Photo by Kevin Kuby Manuel O. Diaz Jr.We live in a world drowning in data. Every click, swipe, medical scan, and financial transaction generates information, so much that managing it all has become one of the biggest challenges of our digital age. Bu...

    Headless CMS in Digital Twins and 3D Product Experiences

    Image by freepik As the metaverse becomes more advanced and accessible, it's clear that multiple sectors will use digital twins and 3D product experiences to visualize, connect, and streamline efforts better. A digital twin is a virtual replica of ...

    The Times Features

    What Makes Certain Rings or Earrings Timeless Versus Trendy?

    Timeless rings and earrings are defined by designs that withstand the test of time, quality craftsmanship, and versatility. Trendy pieces, on the other hand, often stand testimony ...

    Italian Street Kitchen: A Nation’s Favourite with Expansion News on Horizon

    Successful chef brothers, Enrico and Giulio Marchese, weigh in on their day-to-day at Australian foodie favourite, Italian Street Kitchen - with plans for ‘ambitious expansion’ to ...

    What to Expect During a Professional Termite Inspection

    Keeping a home safe from termites isn't just about peace of mind—it’s a vital investment in the structure of your property. A professional termite inspection is your first line o...

    Booty and the Beasts - The Podcast

    Cult TV Show Back with Bite as a Riotous New Podcast  The show that scandalised, shocked and entertained audiences across the country, ‘Beauty and the Beast’, has returned in ...

    A Guide to Determining the Right Time for a Switchboard Replacement

    At the centre of every property’s electrical system is the switchboard – a component that doesn’t get much attention until problems arise. This essential unit directs electrici...

    Après Skrew: Peanut Butter Whiskey Turns Australia’s Winter Parties Upside Down

    This August, winter in Australia is about to get a lot nuttier. Skrewball Whiskey, the cult U.S. peanut butter whiskey that’s taken the world by storm, is bringing its bold brand o...