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Singapore Power Unveils Blockchain Market for Renewable Energy Trading

Singapore Power Unveils Blockchain Market for Renewable Energy Trading – CoinDesk

Singapore Power Group, the country’s energy utilities provider, has launched a blockchain-powered marketplace for renewable energy certificates (RECs). The company announced in a press release Monday that the platform is “designed and built in-house” and enables organizations to trade in RECs – tradable certificates that represent energy generated from renewable sources such as solar.