#64: Jemma Green
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Jemma was born in Perth and raised in the eastern hills. At age 22, and armed with a bachelor of Commerce in Finance from Murdoch University in Perth, she started a career in banking at JP Morgan in London.
Here her work involved bringing sustainability and corporate social responsibility to the task of lending big money. This often involved persuading industries like mining to clean up their act, a challenge she relishes despite its complexity.
In 2013, Jemma left banking and returned to Australia to complete a PhD in disruptive innovation.
Here she started to look at citizen utilities and the way apartment buildings could use solar and batteries in combination.
It was a short step from this to setting up Power Ledger with her cofounders in 2016, a blockchain energy company. In 2017, Power Ledger undertook Australia's first initial coin offering and raised $34 million.
Jemma has become a goto person on matters of blockchain, cities, energy and transport in and has made hundreds of appearances in the media commenting on related topics.
She also finds time to be an independent councillor at the City of Perth, a board member of the Water Corp and advisor to Carbon Tracker, wife and mum.
- Connect with Jemma on LinkedIn
- Visit Jemma's venture, PowerLedger
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3 key points
- 30% of the housing stock in Australia is apartments and law allows for a microgrid to be installed and operated by the body corporate of apartments to sell electricity to the residents. This insight was the beginning of PowerLedger (5:50)
- Marketplace creation has been the common theme in Jemma’s career as she has moved between politics and entrepreneurship (8:01)
- PowerLedger is a transaction and settlement platform which allow solar power to be purchased and sold within apartment buildings (ie between neighbours), between apartment buildings and to those who own electric vehicles. This means the apartment buildings or the body corporate becomes a strata utility company who can generate revenue from the sales of solar electricity (9:50)