Energy Premier is a blockchain based energy retail & bidding platform that allows users to organize electricity bidding sessions, trade in our EPC utility tokens, and put their smart-grid electricity for auction, as well as connect smart meters to perform instant EPC payments. Our platform is live and operating already (@EnergyPremier.com) already having lead users (consumers & suppliers) and a team of blockchain innovators including Tomoaki Sato, ex consultants, investment bankers and energy traders to make it a success.
The EPC token enables high utilization due to:
• Smart-contract governs ownership and transfers: Energy Premier utilizes smart contracts in multiple use cases. This includes ownership and transfer of electricity rights and tokens, price submission during a bid, automatization of bidding process and fulfillment of tasks once conditions are met, etc. Furthermore, smart contracts also ensure highest levels of data safety and eliminate potential for fraud and information manipulation
• Smart meter integration and day-by-day payment: EPC tokens work perfectly well with smart meters and utilizes smart metering data. This allows:
‣ Consumers to pay as often as they like – even on a day-by-day basis – which is very valuable to certain types of suppliers and consumers from cash flow management perspective. This is only possible with EPC tokens
‣ Brings back the data ownership from major electricity corporations to consumers and smart meter owners
‣ Utilization of most accurate electricity data profiles for electricity bids
‣ We have already confirmed interest from a major smart-meter supplier/ lessor to use our platform to reach more electricity suppliers and expand the offer
• Grid & capacity-management integration: EPC tokens allow easy electricity trade from various grid systems. By integrating with grid systems we will enable a grid electricity producer (e.g. a household with solar) to transfer ownership over their energy production volume (or part of it) to a buyer on the Energy Premier platform utilizing EPC tokens. A grid-electricity-producer needs only to form a bidding session to which buyers would come and bid using EPC tokens.