Zero Carbon Project
Zero Carbon Project is tacking climate change using blockchain. Their zero carbon markets beats renewable energy and fossil fuels on price and our customers earn Energis token rewards as a catalyst for change. Together we can reduce carbon emissions faster than renewable energy.
The Zero Carbon Project is tackling climate change using the blockchain and international carbon credits.
Renewable energy has responded well to the climate change challenge, with impressive cost reductions achieved. However, we are concerned that renewables remain too expensive and so the impact on carbon emissions is slow.
The Zero Carbon Project has 2 parts:
1. deliver energy at a lower price than existing renewable and fossil fuel energy contracts; and
2. to entice people to use the Zero Carbon Project, provide a blockchain-driven incentive scheme to reward consumers for engaging with the Zero Carbon Project and encourage consumer action.
The first part of our solution consists of a competitive ‘Zero Carbon Market’ which provides consumers access to cheaper energy contracts where the carbon emissions have been offset by international carbon credits.
Secondly, our blockchain economy is based on Energis tokens that have been designed to capture the future value that customers receive form our Market. This is enabled using the distributed ledger, Ethereum smart contracts and crypto exchanges.
Energis tokens are underpinned by concrete value as energy suppliers must use them to pay their transaction fees for using our Market. Therefore, as our consumer base grows, the demand for Energis tokens increases, constrained by a fixed supply.
They intend that up to 70% of the transaction fees received by the Zero Carbon Project will be ‘recycled’ and provided to consumers as rewards for engaging with the Zero Carbon Project. Energy suppliers and consumers (“Customers”) can sell Energis tokens to other customers, including energy suppliers who purchase them to pay transaction fees. This is the Energis economic cycle.
Progress achieved to date
They have been actively building the Zero Carbon Market over the last year. This includes building the Project team, completing the systems, designing the Energis smart contracts and registering energy suppliers in the UK. Their UK Market is now complete and ready for launch in October 2018. This will be followed by a global roll out in 2019.
Track-record of innovation and execution
The Zero Carbon Project is a subsidiary of Beond www.beondgroup.com which is an award-winning energy and carbon consultancy based in London. Beond is a team of 30 energy market professionals who are passionate about helping clients achieve their ambitions and also about tackling global climate change, through the application of new technologies. Their core values are integrity, innovation and quality.
Beond services over 600 energy consumers in UK including Knight Frank, Capita, The Salvation Army and Salford County Council, and has received eight awards over the last three years covering innovation, green business and consultancy services.
|“||Q1 2018: Complete zero carbon market software
Q2 2018: Deploy test smart contracts
Deploy energis token contract
Deploy token sale smart contracts
Register energy suppliers in uk
Q3 2018: Market to consumers from crypto community
Q4 2018: Deploy energis economy smart contracts
List on distributed crypto exchange
Launch zero carbon market in uk
Register 1,000 household energy consumers in uk
Modify market software for australian market
Register energy suppliers in australia
2019: Launch zero carbon market in australia
Modify market software for germany, texas and us east coast markets
Register energy suppliers in germany, texas and us east coast
Grow consumer base to 3,000 households
Add more features to market software
Implement blockchain scaling solutions
Launch zero carbon market in germany, texas and us east coast markets
Legister energy suppliers in the rest of the world
Launch zero carbon market in france, italy, spain, netherlands, canada, japan and new zealand markets
Grow consumer base to 30,000 households
|Thomas Schmitz||Zero Carbon Markets Director||https://www.linkedin.com/in/thomasschmitz1972/||4.3|
|Philip Louw||Software Manager & Developer||https://www.linkedin.com/in/plouw/||4.3|
|Alastair Hutson||Europe Director & MD of Beond||https://www.linkedin.com/in/alastairhutson/||4.3|
|Sarah Myers||HR Director||https://www.linkedin.com/in/sarah-myers-3a055111/||4.3|
|Ian White||Commercial Director||https://www.linkedin.com/in/ianwhite79/||4.3|
|Bok Khoo||Ethereum Smart Contract Advisor & Developer||18.3|
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