States Consider Peer-to-Peer Solar Trading, Challenges Loom

– Karnataka Electricity Regulatory Commission proposes peer-to-peer solar energy trading using blockchain.

– Aim: Allow consumers to sell excess rooftop solar power directly, benefiting both sellers and buyers.

– Delhi and Uttar Pradesh also exploring similar initiatives to promote renewable energy adoption.

– Challenges: Lack of clarity and operational difficulties, including dispute resolution mechanisms.

– Recommendations include exempting initial charges and establishing a dedicated agency for dispute resolution.

Originally published on Mercom India