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02 June 2020

Electron Partner U.K. Authorities, Launches DLT-Based Energy Trading Solution

Electron Partner U.K. Authorities, Launches DLT-Based Energy Trading Solution


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Electron, a London-based entech firm that focuses on building infrastructure for a cleaner, cheaper energy, has joined forces with the U.K’s Department for Business, Energy & Industrial Strategy (BEIS), to roll out Project TraDER, a blockchain-based renewable energy trading platform in the Orkney islands, reports Ledger Insights on May 21, 2020.

In a bid to provide the residents of the Orkney islands with a robust marketplace for trading renewable energy as well as other energy services, Electron has launched Project TradER, with support from the U.K.’s Department for Business, Energy & Industrial Strategy (BEIS).

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