Green Power Exchange - The Blockchain based P2P Energy Trading Platform
The GPX Platform enables simple Peer-to-Peer energy trading. Producers can easily pre-sell their power at a better rate while allowing consumers to buy their power directly for significantly less. We are creating a hyper-efficient renewable energy market place to turbocharge clean energy deployment and push out fossil fuels. Be on the right side of history.
The GPX Goal
Green Power Exchange’s goal is to save the average consumer 20-60% on their electric bill. This could mean tens of thousands of dollars saved for a homeowner over two decades, hundreds of thousands for a small business, and millions for large customers.
Streamlining the Power Market
GPX aims to cut out the middleman. We are building a platform that connects consumers and power producers directly with a simple token purchase, removing many wasteful and costly steps. Auto-executing contracts mean cheaper energy. Easy.
Open Markets for Everyone
The Green Power Exchange is a transparent platform for everyone. Using blockchain technology, IoT integration, and a user-friendly interface, the GPX platform represents a radical departure from current opaque and antiquated energy trading practices.
The Blockchain Energy Revolution
Saving Money and the Planet
GPX will enable peer-to-peer power trading. Consumers can now take control of their electric bill and save money by shifting to cheaper sources of power coming from renewable sources. Save money and the planet at the same time.
Economies of Scale
GPX will allow large consumers to save significant amounts via scale. While the average household will be able to access the GPX platform, GPX token volume is also driven by B2B users, buying from utility-scale solar and wind farms.
Liquidity and Flexibility
Before DLT existed, consumers had to sign one paper PPA with one developer for 20 years, that’s difficult and painful (1 to 1). GPX will change this to M2M (many to many), creating liquidity and enabling short term contracting, no 20 year commitment.
Buy Power Anywhere
The GPX token system allows for seamless transfer of energy asset value between electrical networks across the globe.
Priority Auction Access
Holders of the GPX token will be entitled to early access to power auctions, potentially saving even more money on their power bill.
Tradable, Usable & Liquid
GPX is used for every Smart Power Purchase Agreement on the Green Power Exchange, making it highly liquid.
Backed by Real Assets
Green Energy Transfer tokens are backed by real Power Purchase Agreements and therefore represent real electricity.
Smart Power Purchase Agreements
Automated smart contracts containing GET can lower power costs, while ensuring power arrives on time at the agreed upon price.
Smart contract integration can automate major accounting functions. This eases administrative burden and reduces costs further.
GPX Project Presence
Find out about all the important aspects of the blockchain based GPX platform, the clean energy trading market as well as how we out-shine our competition in our detailed white paper.
LAUNCH OF GPX PLATFORM
ICO LAUNCH & PLATFORM DEVELOPMENT
MARKETING & PRE-ICO LAUNCH
PRODUCT DESIGN & DEVELOPMENT
CO-FOUNDER, HEAD OF ENERGY
Christian Wentzel is a serial entrepreneur with a Wall Street background. He is Chairman, Co-Founder and former CEO of Solar Provider Group (SPG), a multinational solar development company with more than 50 employees across 6 countries and 3 continents. SPG has been awarded Toronto’s fastest growing company in 2014, and Canada’s fastest growing energy company in 2015 and 2016 by Profit 500. He is also Chairman and Co-Founder of KB Racking, and prior worked at Credit Suisse in Energy M&A and Goldman Sachs’ Power Group, both in NYC. He is a member of YPO, carries a CFA designation and received an MBA from London Business School as well as a BA from Columbia College, Columbia University.