"In Australia, Power Purchase Agreements (PPAs) have become the vehicle for businesses to tap into renewable energy by agreeing
21 Aug 2020, 11:49
"In Australia, Power Purchase Agreements (PPAs) have become the vehicle for businesses to tap into renewable energy by agreeing to a sizable power offtake, typically consisting of solar and wind-generated power. This is where the $2M threshold would come into play, effectively making direct purchasing of renewable energy a non-starter for small businesses. The traceability of blockchain technology, however, enables these large deals to be broken down, “tokenising” that power as a usable offtake itself, while still being linked to the larger source it was taken from. This effectively brings the cost down as low as $100k – a game-changer for small businesses. " - explains Nick in his article.
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