Today, the energy system is offering so many possibilities that it has never before. We have to be careful of how we use and handle energy because energy systems are continuously changing. In the future, electricity will become the biggest and the most important energy form, and the way of how we use it will be essential for our lives.

It is expected that the electricity will grow substantially and will become the most important energy source of the 21st century. Moreover, many people believe that the key for tackling climate change is to replace technologies that run on combustion with electricity. For that reason, experts are already talking about “electricity transitions” and “electrifying the energy sector”.

As the electricity importance grows, so does the need of its consumption and trading. Today, it is a little complicated to work on electricity, to trade electricity, and to supply all people in the world with electricity.

That’s where we step in. As a leading electricity trading platform, Energy Premier has a lot to contribute to the process of electrifying the energy sector. Our platform is blockchain-based and aims to create a fast, low-cost, and transparent process of electricity trading, anywhere in the world.

By 2020, the world will spend more than 200 000 TWH electricity per year, and the total turnover for electricity (without connected cost, VAT distribution, tax, etc.) will be more than 10 trillion $ per year.

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What problem do we solve?

Time — All companies and individuals are spending a lot of time to write specifications for consumption of electricity and to send to all suppliers of electricity and after that to read the offers. This amounts to a few hours per day per employee working on electricity. We cut that time to only 30 minutes. Additionally, due to smart contracts and faster/ independent transfer, we further cut other types of time loss.

Transparency — All process of purchasing electricity is connected with high risk of corruption. We have transparent process without opportunity for corruption, utilizing smart contracts and blockchain that do not allow fraud or double-versioned of information.

Imbalances — The suppliers calculate the risk of imbalances in the final price of electricity and that proportion can be really high. We offer calculation of all new requests with current energy portfolio pool of the suppliers, and the suppliers have the opportunity to calculate the lowest percentage of imbalances in the final price.

Group requests — The suppliers don’t have opportunity to offer the same price to group of consumers with the best possible price. We offer opportunity to many consumers to create group requests and to get the best possible price at the moment.

Distance — Most electricity traders have registered companies in other countries only to do several trades per year and do not participate in the retail market. We offer electricity suppliers without own employees to participate on retail market through EnergyPremier.com, cutting out middle-men utilizing blockchain and tokens.

Our platform offers a lot of benefits for both our target users: consumers — who come to the platform to buy electricity, and suppliers — who come to sell electricity.

Read our Whitepaper

Consumers — Registered company with electricity contract near expiration, typically managed by chief procurement officer of the company.

Reasons for coming to the platform: Want to explore potential for lower pricing and access the full electricity supplier market in competitive manner.

Reasons for staying on the platform: Like the user-friendliness, organized documentation, do not require any additional work-time to manage such a high number of offers & suppliers.

Main features used: Generated a bid, checked past bids and offers, send/ receive transfers via blockchain/ tokens.

Scale of customer potential base: All registered companies or individuals which consume electricity.

Suppliers — Authorized supplier, has a full team including sales, want to reach the highest number of healthy paying customers.

Reasons for coming to the platform: Can easily access the full customer base on the platform, do not require any additional resources to send thousands of offers. Wants to own EPC tokens.

Reasons for staying on the platform: Enjoy the possibility to control access of their agents/ sales team, like the organized approach to archive, love the customer insights.

Main features used: Participating in bids, automated offer sending, EPC tokens, send/ receive transfers via blockchain/ tokens.

Scale of customer potential base: All Authorized electricity suppliers in a country

Other users include:

• Crypto world/ blockchain participants: to form their own applications based on EPC or extend their products to Energy Premier functionalities/ energy in general

• Government agencies: for understanding price movement, purchasing market reports, supporting a transparent market

• Banks: for supporting customers with credits for electricity or distributing credit loans through specific products

• Insurance companies: for providing suppliers with insurance for finance receivables

• Journalists: for market analysis, gaining the latest, real time insights into the market, understanding the future of the market

Our platform is already live and has lead users. Therefore, we are launching a presale and ICO and you can easily join our growing community and participate in our project here.

We have a Bounty Program as well — rewarding all of our participants. Here you can find all rules.

Don’t miss it — join us today!