WCT promotes the transaction settlement of integrated "solar storage charging" stations for Southern Power Grid
In 2023, Southern Power Grid piloted the "solar storage charging" integrated station (photovoltaic + energy storage + charging) based on WCT, covering 200 stations in Guangdong, Yunnan, and other regions. Users can pay for charging fees using WCT through the station APP, while excess electricity generated by the photovoltaic stations can be sold to the grid or energy storage systems. The trading electricity is recorded in real-time on the blockchain through smart meters, and automatic settlement is done at real-time electricity prices, with funds credited on T+1. In 2024, this model is expected to serve over 500 million kilowatt-hours of charging, with photovoltaic electricity trading exceeding 120 million kilowatt-hours, settlement efficiency improved by 65%, and user charging waiting times reduced by 40%, providing an efficient path for new energy power trading.