Voltz
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WHAT IS THE SPECIFIC PROBLEM YOU ARE ADDRESSING?

Voltz is established to meet the needs for the growing demand for competitive electricity pricing and customer experience, anticipating the launch of the liberalisation of the Singapore energy market. As Singapore is about to embrace various options to purchase electricity price plans customized to households and organisational demands, it is essential to have a dynamic and streamlined platform for comprehensive decision making.

WHAT IS YOUR OFFERING AND HOW DOES IT TRANSFORM/DISКUPT THE ENERGY SECTOR?

The essential strategy of Voltz is to combine the elements of retailer-consumer interaction on a transparent platform, providing solution generating functions and customised value-added services for all our users. Voltz has created a dynamic marketplace through unbiased content management for the consumer to make the right decisions suited for their specific electricity requirements. Our mission is to achieve electricity price transparency and to empower users to take maximum advantage of the competition that now exists with an open electricity market.

WHAT IS THE UNDERLYING TECHNOLOGY THAT YOU ARE USING?

Voltz will be the first electricity comparison portal in Singapore that will benefit consumers with the option to put their requirements on auction for retailers to offer their best bid. Starting an auction will further encourage competition amongst electricity retailers, ultimately lowering prices for our users. Customers may find better rates as retailers compete to offer their best bids in real-time. The only way to find the best possible price plan is to start an auction.

WHAT ARE THE PARTNERSHIPS THAT YOU ARE SEEKING?

Voltz aims to partner with businesses and investors who believe in our mission in bringing customers a one-stop solution platform to meet their electricity requirements. As Voltz aims to expand the application of our unique auction feature to other industries, we are seeking partnerships which will merge solution generating ideas to further augment the Voltz platform. This partnership will also be an opportunity for our partners to tap on our extensive database of potential customers, allowing our partners to widen their reach.

Katarina Hasbani
DEEP
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WHAT IS THE SPECIFIC PROBLEM YOU ARE ADDRESSING?

DEEP builds an infrastructure for the upcoming energy market where a growing number of prosumers produce renewable energy privately. New technologies such as smart metering devices, battery storage systems, and electric vehicles are reaching the masses as they become more affordable. However, the existing infrastructure is due for an overhaul because of the way the legacy energy system is structured, it is not able to cope with these technologies. DEEP provides a software stack connecting all participants of the energy market to a single platform, offering them a degree of flexibility and opportunities that the current infrastructure does not allow. 

WHAT IS YOUR OFFERING AND HOW DOES IT TRANSFORM/DISRUPT THE ENERGY SECTOR?

DEEP provides stakeholders of the energy market with an end-to-end software stack allowing them to participate in the upcoming energy market. DEEP automates processes of energy utility companies such as billing and energy trading. At the same time, it enables them to offer new services including demand-side management tools and easy tariff switching. This not only disrupts the current energy retailing business, but it also lays a foundation for a peer-to-peer (P2P) energy environment which is expected to become the future as soon as European regulation supports P2P energy trading and self-consumption.

WHAT IS THE UNDERLYING TECHNOLOGY THAT YOU ARE USING?

DEEP leverages smart contracts to automate processes and utilizes blockchain technology to establish the foundation for a trustless P2P energy future. We are building a software stack that is comprised of several technologies ranging from an IoT Layer to a user-friendly front-end providing an end-to-end solution to the different stakeholders of the energy market.

WHAT ARE THE PARTNERSHIPS THAT YOU ARE SEEKING?

We are looking to partner with energy utilities to implement and further develop our smart contract-based software which is about to go into production at a large energy retailer in Europe. At the same time, we are looking to connect existing microgrid projects to our decentralized energy exchange platform, allowing prosumers to truly harness the benefits of a P2P energy system.

Katarina Hasbani