India Climate Startups Update

Startup Update

Voltreum is set to launch its Volt-X blockchain-based peer-to-peer energy trading application

2022-09-21 |

Volt-X is based on the Ethereum protocol with the energy efficient proof-of-stake on the Global Digital Cluster Coin platform and is built on a microgrid architecture to connect small neighbourhoods.

  • Blockchain
  • Energy Trading


Notes by Narsi

How important is p2p energy trading from a decarbonization perspective?

Especially for countries like India?

It is not entirely clear, as distributed energy sources (especially rooftop solar) still contributes a very small fraction of the total power consumed in the country and its contribution is likely to remain on the fringes for quite some time to come.