Peer-to-peer renewable trading pilot launched in Singapore

ENERGY GLOBAL | Senoko Energy, an energy company in Singapore, has launched a pilot project to introduce peer-to-peer (P2P) trading of renewable energy in collaboration with Singapore’s energy innovation company, ELECTRIFY, and ENGIE Factory, the venture arm of French electric utility company, ENGIE.


Sponsored by ENGIE Factory, the initiative will enable Singapore households and businesses to register for ELECTRIFY’s P2P trading platform through Senoko Energy’s new service offering, SolarShare. Upon registration, producers and consumers will be able to trade locally-produced solar energy with a like-minded community. Registered users will also benefit from the dynamic pricing of their green electricity rates due to the ability to determine the buying and selling price through the trading platform.


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