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RE: South Australian businesses launch blockchain app to cut costs, trade local clean energy
Having lived in SA for nearly my entire life I can definitely say that this will be a VERY welcome thing for south Australian energy users as the prices there are some of if not the highest in the world! Hopefully this can drive down the energy costs for those not using renewables or can perhaps persuade them to switch!!! I look forward to seeing what this can do!!!
Yes it looks promising but I think we will only see the full potential once people invest in batteries. Then the model of peer to peer energy trading will be more viable.