Next generation green energy procurement and trading platform

WePower helps you connect directly with green energy producers so you can contract green electricity at competitive rates with full transparency through digitally-enabled PPAs.
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WePower brings you

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DIRECT ACCESS
Direct access to renewable energy producers gives you more control and greater choice over where your electricity comes from.
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TRANSPARENT ACCOUNTING
Our blockchain-based production accounting solution allows you to account for every unit of electricity produced by a generator with trust and ease.
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CHEAPER TRANSACTIONS
Standardised contracting makes traditionally complex and expensive transactions easier, cheaper and freely exchangable.
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COMPETITIVE RATES
Renewable energy producers create the auction offers, providing competitive electricity rates in return for long term certainty.

Partners

How does WePower work?

Physical Delivery PPA Model
Virtual PPA model

WePower’s platform is a one-stop-shop solution that provides your company with tools to help you understand your electricity consumption patterns, find a best fit renewable electricity producer, contract with them digitally and then monitor generators as they are built and start generating electricity.

Direct transactions with renewable electricity producers are enabled through a financial mechanism called a power purchase agreement or PPA. This solution allows you to hedge electricity prices so you can ensure a stable cost base on your company’s balance sheet.

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WePower’s platform is a one-stop-shop solution that provides your company with tools to help you understand your electricity consumption patterns, find a best fit renewable electricity producer, contract with them digitally and then monitor generators as they are built and start generating electricity.

Direct transactions with renewable electricity producers are enabled through a financial mechanism called a power purchase agreement or PPA. This solution sits outside your retailer contract as a proxy instrument, allowing you to hedge electricity prices so you can ensure a stable cost base on your company’s balance sheet.

Our platform-based solution allows any company, from small to enterprise size, to access financial hedging. Our solution can work in parallel with your company’s retail contract or in combination with it. You can start leveraging the benefits of direct renewable energy contracting without cancelling your current retailer contracts.

Big energy users such as foundries and aluminium smelters already negotiate such contracts with power stations, but they are often complex and time-consuming. Contracts on a blockchain could be offered off the shelf, allowing smaller companies—and perhaps, one day, individuals—to use them too. Such contracts would be as easily tradeable as any other crypto-asset, creating a secondary market in power agreements.
Blockchain makes it easier for people to trade on the renewable energy trading platform that connects energy buyers directly with energy producers, giving people and companies a possibility to decide what green energy project to buy from.
The idea is that by recording every energy supplier and every transaction on a blockchain, the consumer will eventually be able to know - and decide - exactly where their energy comes from.
By tokenising renewable energy and putting it onto a blockchain, WePower is making that power tradeable and accessible to anyone. And it's giving people more control. In effect, people taking contracts on WePower become their own energy traders, substituting for the role utilities play in buying and selling power on our behalf.
WePower wants to enable buyers to purchase green energy directly from producers at below-market rates using Ethereum-based smart energy contract tokens. According to WePower, energy tokenization ensures liquidity and extends access to capital.
Using blockchain allows us to aggregate buyers, that would be very hard operationally to manage if you tried to do that the standard way - via spreadsheets.
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Revolutionary energy tokenization technology behind our platform

WePower is creating a foundational technology for the next energy revolution. We’ve uploaded year’s worth of nationwide energy production and consumption data from Estonia into the blockchain.
CHECK OUR NATIONWIDE ENERGY TOKENIZATION TEST

Project geography

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SPAIN
Our largest European market with renewable energy generation facility partnerships enough to power over 400,000 households. Our key partner is Conquista Solar.
ESTONIA
Home to our Product Developement teams, testing ground for the WePower platform and the location of the first nationwide energy trade tokenization pilot globally. Our partners in Estonia are Elering, 220 Energia and Eleon.
LITHUANIA
WePower's headquarters and the home to our Global Business Operations teams.
AUSTRALIA
Our newest market with one of the best natural, legal and market conditions for renewable energy projects in the World. In Australia, WePower is part of the Startup Bootcamp Energy Australia program supported by the key energy industry players in the State of Victoria and beyond.
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WePower team

WePower's team is a group of passionate individuals with multi-year experience in the energy, finance and digital transformation sectors. At WePower we believe that technology and thoughtful system design can help to solve world's most pressing challenges.
Nikolaj Martyniuk
Chief Executive Officer, co-founder
Kaspar Kaarlep
Chief Technology Officer, co-founder
Kristjan Kuhi
Chief Architect
Jarmo Tuisk
Head of Product
Jenya Khvatsky
Business Development Director
Heikki Kolk
Solution Architect
Annika Ljaš
Head of PR & Communications
Gytis Labašauskas
Chief Marketing Officer
Peter H. Diamandis
Business extension
You (Ricky) Li
Energy trade
Trevor Townsend
Energy
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