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* GREEN ENERGY PROCUREMENT* PROJECT OWNERS
* UTILITIES
* ENERGY CONSULTANTS* RESOURCES __
* _ icon--prev_ GO BACK* BLOG
* PRESS-CENTRE
* MEDIA KIT
* DOWNLOADS
* GET IN TOUCH
* Register / Sign in* icon--github
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*
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* GREEN ENERGY PROCUREMENT* PROJECT OWNERS
* UTILITIES
* ENERGY CONSULTANTS* RESOURCES __
* _ icon--prev_ GO BACK* BLOG
* PRESS-CENTRE
* MEDIA KIT
* DOWNLOADS
* GET IN TOUCH
* Register / Sign in* icon--github
* icon--twitter
*
*
* icon--youtube
__ __
THE EASIEST WAY TO BUY GREEN ENERGY DIRECTLY FROM PRODUCERS AND REACH YOUR ENERGY SUSTAINABILITY GOALS WePower marketplace connects companies directly with green energy generators so that all companies can make a tangible environmental impact whilst buying green energy at competitive rates with fulltransparency.
GET IN TOUCH
__
__ WATCH VIDEO
__ WATCH VIDEO
WE BELIEVE THAT IT IS EASY TO MAKE A RAPID SHIFT TOWARDS 100% RENEWABLE ENERGY AND WE ARE HERE TO ENABLE ALL COMPANIES TO REACH THEIR ENERGY SUSTAINABILITY GOALS 2/3 of global energy is consumed by Commercial and Industrial (C&I)companies.
The transition to fully sustainable energy is not possible without their full participation.__
GREEN ENERGY PRODUCTION HAS ALREADY BECOME A COMPETETIVE ALTERNATIVE TO TRADITIONAL ENERGY SOURCESCost of fuel*
*
WIND $0
MWH
*
SOLAR $0
MWH
*
COAL $13
MWH
*
GAS $29
MWH
New development**
*
WIND $35
MWH
*
SOLAR $35
MWH
*
COAL $94
MWH
*
GAS $129
MWH
*Source: estimated using publicly available pricing data and average fuel efficiency statistics ** Source: BNEF, global averages BUT SO FAR, ONLY A HANDFUL OF GLOBAL COMPANIES HAVE BEEN ABLE TO LEVERAGE THE BENEFITS OF GREEN ENERGY. THEY DO IT VIA POWER PURCHASE AGREEMENTS (PPAS) PPAs are direct contracts with energy producers allowing companies to purchase electricity at a pre-agreed terms for a certain period oftime.
TRADITIONAL PPA MODEL PREVENTS SMALLER COMPANIES FROM BUYING GREEN ENERGY DIRECTLY FROM PRODUCERS. WE OFFER A REVOLUTIONARY GREEN ENERGY MARKETPLACE TO PURCHASE GREEN ENERGY DIRECTLY FROM PRODUCERS.__
OUR MARKETPLACE REMOVES MANY LIMITATIONS OF THE TRADITIONAL PPAPROCESS
*
ONLY LARGE VOLUMES
No point of entry for smaller buyers. Usually 1-3 large buyers.SMALL VOLUMES
Platform technology enables buyers with relatively small loads to participate in auctions.*
EXPENSIVE AND LENGTHY PROCESS High legal and financial transaction costs. Average PPA process costs can reach as much as $1M or more per contract and take 1-2 years tosettle.
LOW TRANSACTION COSTS Standardised contracts and project curation significantly reduces transaction costs to buyers.*
NO LIQUIDITY
To re-sell or decrease the quantity of purchased energy, the whole agreement must be renegotiated - adding more time and cost.HIGH LIQUIDITY
Buyers can now “sell-down” their contract to 3rd parties via Platform’s secondary market.*
SINGLE COUNTERPARTY
Single party to be relied on for a long contract duration - presenting potential single point of failure risk. MULTIPLE COUNTERPARTIES Multiple smaller parties diversify counterparty risk and reduce itsimpact.
WEPOWER MARKETPLACE CONNECTS COMPANIES DIRECTLY WITH GREEN ENERGY PRODUCERS, SO THAT ALL COMPANIES, NO MATTER THE SIZE, CAN BUY GREEN ENERGY AT COMPETITIVE RATES WITH FULL TRANSPARENCY. SUPPORTING ALL TYPES OF ENERGY AUCTIONSProject-led auction
Buyer-led auction
A PROJECT AUCTIONS ALL OR PART OF ITS OUTPUT TO MULTIPLE BUYERS VIA WEPOWER’S PLATFORM. Suitable for project owner seeking multiple smaller buyers. BUY GREEN ENERGY IN 3 SIMPLE STEPS*
On our platform, renewable energy producers host energy auctions where they sell all or part of their future energy production.*
In an auction, buyers can place bids for the amount of energy production they want to purchase.*
Each successful bidder secures a PPA, which becomes active once the facility is built and starts production. A BUYER TENDERS THEIR LOAD TO SECURE COMPETITIVE OFFERS FROM PROJECTS Suitable for Buyers (individual or group) with large energyconsumption
BUY GREEN ENERGY IN 3 SIMPLE STEPS*
On our platform, renewable energy producers host energy auctions where they sell all or part of their future energy production.*
On our platform, renewable energy producers host energy auctions where they sell all or part of their future energy production.*
Each successful bidder secures a PPA, which becomes active once the facility is built and starts production. CHOOSE A PROCUREMENT STRATEGY BEST SUITED FOR YOUR COMPANY All of our energy buying options can meet 100% of your company’s energy needs. We can offer you different contract types to design your optimal “going green” strategy for the long term. Our platform is retailer agnostic. We work with all types of corporate customers, no matter which retailers you currently use. We also work both with your own internal energy/procurement department and third-party consultants if you rely on them for energy procurementneeds.
VIRTUAL PPA
Hedge your energy prices without cancelling your current retailer contracts. Our solution can work in parallel with your company’s retail contract or in combination with it.see how it works
SLEEVED PPA
Your PPA agreement is immediately novated to the energy retailer, so you could get both renewable energy and firmed energy from the singleenergy retailer.
see how it works
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.READ MORE
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.
READ MORE
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.READ MORE
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.READ MORE
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.READ MORE
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.READ MORE
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.READ MORE
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.
READ MORE
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.READ MORE
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.READ MORE
_ icon--prev _ _ icon--next _ STANDARDISED PROCUREMENT WePower’s standardised power purchase agreements eliminate complexity from corporate energy procurement. For corporate buyers, we substantially reduce procurement-related costs and overall transaction time from 1-2 years to a few weeks.BUYER AGGREGATION
Our standardised and easily accessible process allows smaller companies with lower electricity needs to be automatically aggregated with larger companies and/or between themselves. This process creates a broader and more inclusive market where risks and opportunities are shared and in turn better managed. YOUR PPA-PROCURED ENERGY IS NOW LIQUID WePower’s proprietary energy tokenization technology enables you* to sell any part of your commercial energy agreements via the secondary market. We enable previously non-existent liquidity for the directly sourced green energy. *Some clients might be excluded based on individual terms in their electricity supply agreements.__
STANDARDISATION OF RENEWABLE ENERGY PROCUREMENT ALLOWS US TO REACH THE GOAL OF DEMOCRATISING ACCESS TO AFFORDABLE RENEWABLE ENERGY.*
CONTRIBUTING TO THE DEVELOPMENT OF MORE RENEWABLE ENERGY PROJECTS By directly contracting with renewable energy projects, buyers are enabling these projects to secure funding and become operational - thereby increasing the total number of renewable energy projects in operation, and displacing fossil-fuelled generation.*
RAPID TRANSACTIONS
BY BUNDLING MULTIPLE BUYERS of various size, GENERATORS are able to TRANSACT FASTER and minimise the transaction risk.*
REDUCTION OF TRANSACTION COSTS WITHOUT COMPLEXITY Standardised procurement eliminates many unnecessary costs burdening traditional PPA processes. 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
map
__ SPAIN
Our largest European market with renewable energy generation facility partnerships enough to power over 400,000 households. Our key partneris 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, 220Energia and Eleon.
__ LITHUANIA
WePower's headquarters and the home to our Global Business Operationsteams.
__ 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 Victoriaand beyond.
zoom--light
__
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-founderKaspar Kaarlep
Chief Technology Officer, co-founderKristjan Kuhi
Chief Architect
Jarmo Tuisk
Head of Product
Jenya Khvatsky
Business Development DirectorHarley Tempest
Head of Sales
Michael John
Chief Information Security OfficerGytis Labašauskas
Chief Marketing OfficerKarolis Jonuška
Head of Legal
Adomas Lingevičius
Data Scientist
Aukse Siaudzionyte
Community and Social Media ManagerEglė Žukienė
Marketing Project ManagerGeoffrey Riggs
Marketing and Communications AdvisorTrevor Townsend
Energy VIEW THE WHOLE TEAMRESOURCES
* Blog
* Downloads
* Press Center
* Media Kit
* WPR Token
* Whitepaper
ABOUT
* Our Company
* Careers
* Team
* Contact Us
OFFICES
* Lithuania (HQ)
Headquarters:
WePower UAB,
legal code 304449091, address Antakalnio str. 17,LT-10312 Vilnius,
Republic of Lithuania.* Estonia
Engineering Office:
WePower Network OÜ
registration code 14328922,Ehitajate tee 5,
19086 Tallinn, Estonia* Australia
Representative office in Australia:WeWork c/o WePower,
Address: 152 Elizabeth St,Melbourne, 3000,
VIC, Australia.
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AGREE
NIKOLAJ MARTYNIUK
Chief Executive Officer, co-founder Nick is leading the creation of WePower Business Vision, thought leadership, as well as business expansion. Nick has gained his experience by developing renewable energy projects in Europe and new products for energy consumers in different countries.icon--twitter
icon--medium-light
KASPAR KAARLEP
Chief Technology Officer, co-founder Kaspar's role is basically turning the ambitious technological vision of WePower into a reality. He has more then 10 years of experience working for and with European Utilitiesicon--medium-light
NIMROD LEHAVI
Payments
Co-founder and CEO at Simplex and board member of Israeli Bitcoin Association. Simplex is a fintech & cyber-security company introducing merchants to a world without fraud.icon--twitter
LIRAZ SIRI
Security expert
Liraz Siri is a professionally paranoid whitehat hacker, early Bitcoin supporter, and co-founder of TurnKey Linux which powers & protects 100,000+ servers worldwide. At 18 he scanned the entire Internet for vulnerabilities. Later, in the military, he co-founded an Israeli cyber unit. Today, he evangelizes open source, crypto & decentralization, while commercializing failure-tolerant security for high-risk applications.GYTIS LABAŠAUSKAS
Chief Marketing Officer Gytis is leading marketing and digital user acquisition strategies' development and implementation.GEOFFREY RIGGS
Marketing and Communications Advisor Geoffrey is an International storyteller and marketing & communications professional based in the South of France. With over 20 years of experience working with B-to-B and consumer brands, he helps companies who want to do business at an international level achieve their marcom goals. He has extensive experience in Telecommunications, IoT, Smart Cities, Smart Grid/Metering, Energy and working with European DSO’s on cyber security issues.AUKSE SIAUDZIONYTE
Community and Social Media Manager Aukse as community and social media manager is in charge of cherishing and nourishing our community, continiously strenghtening our company's relations with members of the community.EGLĖ ŽUKIENĖ
Marketing Project Manager Egle is responsible for planning, executing and evaluating various marketing and PR projects, communication between partners and teammembers.
KRISTJAN KUHI
Chief Architect
Kristjan is responsible for designing the platform architecture, software engineering processes and reviewing, analyzing, and evaluating business systems and user needs. For the last 13 years he has worked with energy & utilities related clients, doing research and product development.PETER H. DIAMANDIS
Business extension
Peter H. Diamandis is a well-known entrepreneur, founder and chairman of the X Prize Foundation and an Executive Founder of Singularity University. At WePower Peter‘s sharp insights in technology based solutions implementation will drive the screening of opportunities for business extension on a global level.icon--twitter
TREVOR TOWNSEND
Energy
Trevor is the head of SBC Energy program. He was the Managing Director, Australasia at TIBCO Software, a Silicon Valley startup, which listed on NASDAQ in 2004, and designed the first wholesale energy software trading system in Australia. He also has over 15 years of angel investing experience with numerous exits including two ASXlistings.
icon--twitter
KAROLIS JONUŠKA
General Counsel
Karolis leads all matters legal and his primary responsibility is keeping WePower`s vision in line with regulatory and compliancerequirements.
ADOMAS LINGEVIČIUS
Data Scientist
At WePower Adomas makes sense of data by cleaning and munging it as well as gathering insights, building prediction models and presenting findings in a summarised way.JARMO TUISK
Head of Product
Jarmo is responsible for the product management of WePower platform, building the bridges between customers, business development, marketing and engineering. Over the last 20 years Jarmo has worked in strategic planning, project and product management positions ranging from the Ministry of Economic Affairs for Estonia to global start ups.JENYA KHVATSKY
Business Development Director A clean energy professional with 20 years experience in senior technical, commercial and development roles in Australia, Asia and Europe - Jenya is the former CEO of Green Terrafirma, Future Blends and CleanTek Market. He was Head of Biofuels at the Carbon Trust as well as investment manager at Sindicatum Sustainable Resources and Nord Engine Capital.HARLEY TEMPEST
Head of Sales
As head of sales, Harley is actively working with Australia’s biggest corporate energy buyers, helping them discover the best energy procurement strategies enabled by WePower platform.MICHAEL JOHN
Chief Information Security Officer A world-class cybersecurity expert who has counseled organizations such as the European Network for Cyber Security and the European Commission, Michael is responsible for WePower’s cybersecurity strategy, processes, requirements, and implementation. Over the past 12 years he has been heavily involved in the energy industry and cybersecurity, working closely with organisations such as the European Network for Cyber Security (ENCS) and European Commission.diagram
map
__ SPAIN
Our largest European market with renewable energy generation facility partnerships enough to power over 400,000 households. Our key partneris Conquista Solar.
__ ESTONIA
Home to our Engineering and Product Development team and a testing ground to the WePower platform and the first nationwide energy trade tokenisation pilot in partnership with Elering, 220 Energia and Eleon.__ LITHUANIA
WePower's headquarters and home to our Global Business Operationsteam.
__ 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 Victoriaand beyond.
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