India is pioneering peer-to-peer power trading, a transformative system enabling households and businesses to directly sell surplus renewable energy to each other through digital platforms. This innovation, powered by blockchain technology and the India Energy Stack framework, converts consumers into active energy agents rather than passive recipients. The mechanism uses net metering to credit producers for excess electricity fed back into the grid. The India Energy Stack, expected to launch by June 2026, functions similarly to UPI in payments, offering unique IDs for consumers and assets, real-time data sharing, and market access tools. This system addresses India's renewable energy capacity challenges while reducing costs and empowering citizens in the energy sector.
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