Renewable energies on the Blockchain
5 Oct 2020, 09:13

Renewable energies are decentralized, many plants add up their output to large amounts of electricity. A logical step is to organize the management in a decentralized way: on a block chain. The company WPO SAS, founded in France in 2008, is driving this development forward with the issuing of Green Tokens. "Artificial intelligence and block chain enable new levels of efficiency in the operation of the plants", says Markus W. Voigt, CEO of the aream Group. "That is why we are participating in the system."

 

The WPO is a leading independent European company for the management of renewable energy facilities and related services - and has just launched the first green token offering on the market that has been approved by the French Financial Markets Authority. The offer will run until 12 November 2020, and "WPO is a well-known player in the European renewable market," says Voigt. The platform manages, administers or supervises more than 600 plants in twelve European countries with a capacity of more than five gigawatts, i.e. 2,000 wind turbines and around 12 million solar modules.

 

The company intends to use the Blockchain as a key instrument to support changes in the energy sector. "For almost three years now, WPO has been working with block chain technology for the certification of renewable energies to lay the foundations for being able to use the data flow in addition to optimizing the systems," says Voigt. This can significantly accelerate the energy turnaround. "With this development in mind, the Green Token as a new digital asset is a logical investment," says Voigt.

 

Green Tokens open up new opportunities and business models for all market participants: 

  1. a payment method specific to the energy transition
  2. enabling discontinuous and direct electricity trading,
  3. issuing certificates with high reliability, transparency and traceability
  4. enable predictive maintenance and automation of insurance and warranty.

 

Duncan Levie, Managing Director of WPO: "Green tokens should be made available to all professional players in the energy sector as well as individuals". The WPO will thus establish a European multi-service platform for the management of energy data. The 15 million tokens will be made available to purchasers from 23 November 2020, and from 1 December 2020 the green tokens will be freely tradable on the French Savitar platform or directly on the Green Token Network.

PRESSEKONTAKT:

 

Leandra Kiebach
T:  +49 (0)211 30 20 60 4-2
E:  lk@aream.de