Blockchain-enabled peer-to-peer (P2P) energy trading will be trialed by Japanese utility KEPCO, under a new agreement with Power Ledger announced this week. Meagan Cojocar, an analyst with the Perth-based company says Japan is the ideal location for the Power Ledger as the country’s energy drive self sufficiently and its “crypto friendly” attitude.

Perth-based peer-to-peer (P2P) energy pioneer Power Ledger will partner with Kansai Electric Power Company (KEPCO) to trial its blockchain-enabled platform. The limited trial will first involve only 10 homes in Osaka, however, Power Ledger says that Japan is an excellent fit for P2P energy trading.

Image Resources has signed a deal with Perth-based Sunrise Energy Group to purchase the power from a 3-4 MW solar PV array, to power 25% of its mineral sands mining operations.

Work on the National Energy Guarantee (NEG) policy will continue, with the COAG Energy Council approving its progress today. The detailed policy will be considered by state, federal and territory energy ministers for final approval in August.

Signs continue to mount that Friday’s COAG Energy Council meeting will agree to move forward with the National Energy Guarantee mechanism. This comes despite continuing and serious objections from some states to the meagre 26%-on-2005 emission reduction target.

Rooftop PV installation rates in Australia are breaking all previous records. March saw the highest number of rooftop systems ever installed in the country, worth a capacity of some 127 MW.

The CEC has encouraged COAG Energy Council to support the further development of the proposed National Energy Guarantee (NEG) in its meeting on Friday. The peak renewables body’s support, however, is contingent on the policy being fleshed out, “and [it] addressing concerns in relation to the emissions target.”

Analysis from Rystad Energy has revealed that sub-$60/MWh utility scale solar projects could be viable in sunny parts of Australia today. The highly competitive EPC landscape has been identified as the major driver of the improving PV power plant economics although, as always, cost of capital remains key.

Swiss electricity infrastructure giant ABB has supplied a large battery storage and microgrid solution to Western Australia’s Pilbara region. The system was installed at Alinta Energy’s 178 MW gas-fired Newman Power Station, which supplies a major iron-ore mine in the mineral-rich region.

Construction and building industry superannuation fund Cbus Super has stepped forward, alongside the Dutch Infrastructure Fund (DIF) as the majority investors in Synergy’s solar and wind portfolio. The newly formed Bright Energy Investments vehicle will clear the way for Synergy to develop a pipeline of large scale solar and wind projects in WA.