INTRODUCTION TO ENERGY PREMIER : The future of electricity trading

in energypremier •  6 years ago 

Good day everyone,i would be writing about ENERGY PREMIER PLATFORM. The future of electricity trading - Energy Premier Coin (EPC). It's a faster, cheaper, safer way to trade electricity.  Participate in this project because of it's high potential.I would be writing on the following ;

  • WHAT IS ENERGY PREMIER?
  • MISSION
  • PROBLEMS SOLVED

WHAT IS ENERGY PREMIER?

Energy Premier is  a blockchain & cloud-based electricity retail bidding platform Energy Premier’s mission is to provide energy suppliers with direct & fair access to the energy retail market utilizing blockchain, while providing better prices to consumers.

  •  Advanced blockchain & cloud-based electricity retail bidding platform 

Energy Premier is next-generation blockchain & cloud-based electricity retail bidding platform allowing energy suppliers to bid prices for consumers and consumers to get offers.

Blockchain - based

 • Transparent and fair bidding process utilizing smart contracts to define ownership, pricepoint input, etc.

 • Enables trade of electricity in EPC tokens

 • EPC-token-holders have discount in the payment of the fee for trading and other services on the platform 

Unique in the market

 • No player offering similar service 

• Disruptive model beneficial to both suppliers & consumers 

• Out total available market is immense: almost entire electricity trade 

User friendly 

• Friendly modern design

 • No training needed for new users 

Cloud-based

 • Connect from anywhere 

• Highest data safety 

• Easily scalable 

Suppliers know customer’s energy profile

 • Consumers electricity consumption profile visible 

• Suppliers know the consumption profile they are bidding for.

MISSION

Energy premier achieves its mission of fair & transparent energy retail while bringing wide-scale societal benefits 

Direct and equal access to the market 

Suppliers that previously could not access the entire market (e.g. due to lack of sales force, contacts, reach, etc.) can now directly access every single buyer in the market. 

Same goes for Consumers who were not able to manage the administrational mess of contacting all suppliers directly. 

Cheaper prices of electricity for consumers due to competitive bidding 

Offer highly relevant – obtained by pre-defining own conditions – both on side of supplier and consumer 

Highest confidence – suppliers are sure that they are competing only with registered suppliers, eliminating corruption .

This helps Energy Premier to achieve its mission

✓ Same fair market access applies to all suppliers. Same bidding rules are defined across all suppliers and same access is given to both small and large suppliers to bid for consumers 

✓ Electricity is more accessible. Consumers don’t need to go through extensive process to gather good offers for electricity. Overall electricity price is more accessible – giving way to development of industries 

✓ All suppliers have same influence. Size and manpower of a supplier are no longer the key factor in winning deals – now all suppliers can access the same consumer that opens a bid 

✓ Eliminates corruption. Only authorized suppliers can bid on Energy Premier, with competition based only on how good the conditions are – not on illegal agreements

 ✓ Establishes transparency. The bidding, pricing and registration processes are fully transparent –  Energy Premier serves as a platform, without special interest in any of the suppliers. 

KEY SOLVED PROBLEMS 

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. They cut that time to only 30 minutes. Additionally, due to smart contracts and faster/ independent transfer, they  further cut other types of time loss. 

Transparency

 All process of purchasing of electricity is connected with high risk of corruption. They 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.They  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. They 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. They offer electricity suppliers without own employees to participate on retail market through Energy Premier.com, cutting out middle-men utilizing blockchain and tokens. 

PARTICIPATION IN THIS GREAT PROJECT WILL BE HIGHLY REWARDING.

THANKS FOR READING.

To know more about this project;

visit the website: https://tokensale.energypremier.com/

join the telegram group: https://t.me/tokensaleenergypremiercom

whitepaper link: https://tokensale.energypremier.com/whitepaper.pdf

my bitcointalk link: http://Bitcointalk.org/index.php?action=profile;u=1070043

facebook link: https://www.facebook.com/energypremier/

twitter link: https://twitter.com/EnergyPremierTS?lang=en

ANN/BOUNTY THREAD LINK: https://bitcointalk.org/index.php?topic=3043285.0



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