WHYGRENE (Accelerator)

Company Description: WHYGRENE’s Energy Exchange is a SaaS application that accelerates the sustainable energy transition by helping solve renewable energy’s greatest problem, which is the power supply & demand imbalance. Our solution is a Blockchain-based TDERMS that automatically buys & sells energy with utilities & their DER customers to balance the grid. While addressing this problem, WHYGRENE adds value to both utilities & DER owners. First, we save utilities money by aggregating DERs as Virtual Power plants (VPPs) for grid services instead of building expensive fossil fuel plants. Second, we increase the ROI for DER owners by compensating them for providing these services. Our hybrid cloud & blockchain application is more secure, decentralized, efficient & affordable, compared to existing software which is centralized & unsecure, or other blockchains that are inefficient & costly. We have over 75 years experience with software, business & utilities when enabling us to find the right product market fit. Our app is the missing piece of software that utilities & DER owners need to monitor & manage the production, storage, consumption & transfers of energy & Renewable Energy Credits (REC). WHYGRENE’s goal is to help utilities Decarbonize, Digitize & Decentralize the grid.