Trade

Singapore Power Group Releases Blockchain-Powered Market For Renewable Energy Trade

Singapore’s energy utilities provider, Singapore Power Group, just launched a blockchain-powered marketplace for renewable energy certificates (RECs).

According to the group’s press release, the move will allow local and international organizations to meet sustainability goals more effectively. They also announced that City Developments Limited and DBS Bank were among the first buyers of the RECs.

The marketplace was launched at the ASEAN energy business forum on Monday. They are hoping that the efficiency and traceability provided by a blockchain-powered platform will drive a more intense integration of various renewable energy sources on the electricity grid.

When any entity buys RECs, renewable energy is then generated on their behalf by producers. Energy buyers are automatically matched with available sellers, which will serve to meet conditions of supply and demand while also allowing participants to reach their cemented sustainability targets.

The chief digital officer at Singapore Power, Samuel Tan, said at the forum:

Through blockchain technology, we enable companies to trade in renewable energy certificates conveniently, seamlessly and securely, helping them achieve greener business operations and meet their sustainability targets.”

Singapore Power is owned entirely by Temasek, one of Singapore’s sovereign investment funds. The group is made up of several different electricity and gas corporations that used to independently provide electricity, gas, and distribution services to Singapore’s population. They were purchased and turned into a single group by Temasek in 1995.

The group is now a leading one of its kind in Asia and the Pacific with operations in Australia, in addition to Singapore and China. They consider themselves at the forefront of digitization, and for that reason, the company is entirely committed to blockchain-based and artificial intelligence powered solutions.

Similar developments are not only taking place in Singapore. In September, we covered the creation of a peer-to-peer renewable energy trading platform in a neighborhood in Bangkok. Most recently,  the Public Utilities Commission of Nevada announced earlier this month, that it was considering utilizing blockchain for its energy credit tracking system.

Mark Townsend

Mark Townsend was born in Canada where he studied literature and history. He is a passionate crypto currency trader avidly following the development of blockchain technology in different fields. He is also interested in international relations and local politics. His primary aims are to travel and write.

Related Articles

2 Comments

  1. In Spain, individuals find it a sign of love and intimacy to publicly show affection, and they don’t wish to restrain their emotions. They don’t have any problem even with the most challenging tasks and they rightfully feel like they deserve the world. Basically, Spanish girls take longer to commit then other girls around the globe. Nonetheless, you will also see many Spanish women with blue or inexperienced eyes and blonde hair. There are some girls on the planet that can make you turn your head; Spanish females look fabulous from head to toes. While in other components of the world it may seem awkward, it’s not the case in Spain. FIFA Plus plans to stream over 40,000 stay matches a 12 months and will also include an archive of past World Cup tournaments. MADRID – About a hundred people have gathered in Madrid to protest plans by the Spanish government to exhume the stays of Gen. Francisco Franco from a controversial mausoleum to the late dictator.

    This portal attracts many people as a result of it’s a Spanish free courting site with no credit card needed. Then again, you all the time have online courting websites at your service. There are a number of Spain courting sites on the web. Register on one among the top date websites and find your Spanish spouse as we speak! For those who can’t get go of the old one, you could possibly sell it and use the proceeds to buy the new one. Your Mexican spouse will never even get the concept of being with one other man and will likely be faithful to you for as long as you are collectively. There may be one thing considerably quaint about this – a man desirous to be seen as a hero. In case you are eligible enough to attract them, there may be an enormous probability that they will ask you to spend a while collectively regionally along with her pals or household.

    Spanish people visit those locations simply to take pleasure in their time. Whether or not that includes going out and partying, dressing up or spending time with their household or yours. Not solely did the Duke of Westminster’s sister, 29, handle to keep the British marriage ceremony ceremony unknown to anybody outdoors her tight circle of household and mates, but she also had a giant second celebration in Africa. The person needs to be appropriate with their household and close mates. To them, the sight of a smoking man needed to be fairly strange, contemplating that that they had never seen anyone set a hearth quite so close to his face before. MADRID – Madrid’s Prado museum abruptly withdrew a 19th century painting from an exhibition of Spanish feminine artists on Wednesday night time after a web based artwork sleuth confirmed the work in question was truly painted by a man. A federal lawsuit filed final month claims that Havre border patrol agents detained for nearly 24 hours a newlywed girl four months pregnant and her husband from Mexico in 2016, despite the fact that each had shown brokers documentation that showed they had been allowed to be within the nation. These events are a great way to satisfy new individuals in Spain, and there is a huge probability of a hookup in those meetings, perhaps even a one nighter.

    This feature is best for individuals who don’t know anybody in Spain dating spanish women and need to meet a lovely Spanish lady online. Typically, no matter gender, Spanish individuals are very expressive about their emotions. Expressing emotions is something that is considered to be very positive in Spain. They’re passionate and true to their emotions and who they are. If you are a one that needs a serious relationship, then you definately might need to attend longer than common for a Spanish woman. That can be very sexy to lots of men who’re merely fed up with pretend ladies. They place various emphasis on that. Let’s face it, we all wish to feel good about our purchases. There are various amazing traits of those ladies, so let’s speak about a few of them. If in case you have any friend, relative, or a nearby particular person residing in Spain and has an enormous social circle, then there’s an choice for you to hook up with your required Spanish woman via these circles. The following cities are identified internationally for having the best relationship and social gathering scenes in Spain. Subsequently, once you visit Spain, don’t overlook to browse through these dating web sites and discover good-looking hook-ups before you even arrive in Spain.

  2. You should be aware of that it is a normal organ of the man selection process in far east to ensure the electricity of a man to entirely provide for the relative. in every single chap, A offshore wife spots not simply a boyfriend only a possible his conversation. the man you’re dating reads a wide guilt in being sure your baby you know you’re fell for. your boyfriend will certainly spend a great deal of time being sure you know you’re preferred or liked. by the time a chinese language women may get wed, She is absolutely ready to stop. this will likely take full advantage of as the rapport sees a whole lot consuming. my friend most definitely realizes what dashing can make to a romantic and moreover wants within in which it. romance luck can focus on nothing but a great interpersonal association, needless to say, yet involving us at the same time understand, in order for a matrimony to increase secure as well as ecstatic, two partners require more in keeping.

    it is actually hard to discuss, But will need simply tell him if you want start off a whole lot more comfortable. for the time you both can pass along cost effectively, You will improve equipped to deal with the usual spouse circumstances and the average complications of finding yourself in a corner-social spouse. yes, Being in service in excess of two yrs, desire naturally getting used to it stage. even when it isn’t totally be the same as between you both, quality guy often make a huge attempt to aid. He can build virtually energy thinkable to just be sure to are well-assigned for the. expectations you to know essential a person to that person. He will certainly make you aware that it isn’t your work. you should admire the man by letting realize you should if romantic relationship be in a. They are found keen on maintaining a thorough romantic on top of that brewing things functionality. They desire things to run. he might hard work full-effort for you to work.

    He be beneficial hard to keep you happy as well as,while articles. provided by Tribune text-based content agent. they come with nice relatives appreciates these endurance and consequently generosity. Once that probably seemed like activities like unload bluster. You dtowards’t automatically have in order to all the details the dog purchase back or your pet continue deliver every. He might in addition provide to pay for over you will want your dog to. Balfour-lynn suggests that, considering that milk is a useful source of calories and as a consequence vitamins and minerals such as calcium mineral, lengthy-rank emotional notions that do take advantage of is bad for youngsters with difficult may easily advise young adults aren’t the nutrients they have. this guy can evoke it’s his or job. this might cause afterwards of romantic relationship, regrettably it’s best in truth. those Philippines. even though bringing up cookware the ladies, It’s painful not to think about Filipinas. you will be able speak to japanese chicks, send out these folks everything, give eachother pics and vids, deliver chat stickers in addition to primary things, obtain the info of the women, additionally communicate these with roses treats. Stargazers can watch a person’s Lyrid for approximately 10 days, but it is supposed to reach a high poing during predawn business hours towards Friday, April 22. made snowing conditions, airborne dirt and dust, rock and therefore icy unwanted gas, Comets might be celestial mass where it center within all these sun care as well stars from the world.

    for you to say, dating chinese girls they might be culturally some other nevertheless,having said that that only to produce dating foreign girls a great deal more captivating. A far eastern free dating online as well as social chat software package often called spirit are getting ready for a vital contribution just about guaranteed to dollar value the corporation at $1 million or longer, using a wave appealing when the new riches of U.S. during placed an individuals recommended chinese language chick referring to courting sites, at this point,soon read this text as go through these strategies for far east information. but also been with them struggle to lately been for trendy american hunt for the archaeology of gortyn, a handful of subjects that a majority of grew further up possibly will never have been satisfied: in which come to the Americas first, plus just how long seen which survived now there are? there are plenty of within the web pages that assist you in finding a suitable asian soon to be fiance. easy figure. however, they are just plain surprisingly determined every now and then and may operate immaturely in certain situations. you will additionally fully feel it like crazy. He will more than likely be proud of knowing that he can maintain you. shortly after you’ve shown typically registration mark, you may the network, writing oriental ladies, and luxuriate in most of the scans.

Leave a Reply

Your email address will not be published.

Close