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Hopefully we will have answered any questions you may have below. If not, use the form at the bottom of the page to get in touch.

Everything you need to know…

  • How does PEP formulate the appropriate pricing for CO2?

      In order to present an adequate value of the CO2 Credits generated by the consumption of green energy, PEP uses a calculation that takes into account the county specifics, such as the existing energy mix and the socio-economic value of the energy transformation. It also considers the losses of transmission caused by the distance between the energy demand and energy supply.

       

  • How does PEP provide quality and security on their Credits?

      Rapidly growing market for environmental credits is pressing for mechanisms to ensure no double-counting or misappropriation can take place. PEP uses Distributed Ledger technology to track the transactions related to CO2 Credits, as well as to track the multiple kWh production and consumption. By recording all transactions on a distributed ledger, we provide you with secure, efficient and transparent record of every trade, including the guarantee of origin (GO) of each kWh.

  • How does a Prosumer profit as a member of PEP?

      With the PEP Energy Trading Hub Prosumers can buy and sell electricity in real time, efficient and secure. Additionally, they benefit from the only CO2 generating mechanism, directly connecting kWh production and CO2 avoidance. Prosumers are usually very poorly paid by the Utility for their surplus. PEP Peer-to-Peer platform trades energy with very low transmission losses and therefore better pricing. In addition, PEP users earn Credits for the portion which is consumed directly as a self-consumption, which not offered by any other known market solution.

  • What makes PEP CO2 Offset model special?

      Making a CO2 offset as a private person is still a cumbersome process mainly because either the events eligible for offset are limited, or the quantity available to offset is rarely less then a Ton of CO2. PEP App allows small offsets of daily life goods and events. Its interface is entirely focused on the customer – easy, gamified, intuitive. Some of the events can be offset on a regularity basis, others can be done right at the spot for specific items.

      The most important property of the PEP Solution is the option to choose between different levels of offset:

      • to offset the external cost of the damage, meaning a Ton of CO2 altogether with cost of the damage on the planet it does;
      • to offset the internal cost – meaning an offset with a margin for building new Renewables and speeding up energy transition;
      • to do a basic offset – meaning just to offset according to the value of the European Trade System.
  • What is energy transition?

      Energy transition is the movement from the current worldwide ecosystem of power production and provision, to a sustainable, renewable and fair ecosystem. In the case of PEP, that means moving to local P2P energy ecosystems, where power is being produced locally, bought locally, and being controlled by communities. The PEP system, not only moves power production toward a local P2P system, but over time also forces large polluting organizations toward the use of cleaner, more sustainable alternatives.

  • What are the main benefits of PEP?

      PEP enables you to reduce your CO2 footprint in your everyday life while also accelerating the transition to renewable energy worldwide.

      PEP members know:

      • Each ton of CO2 less is a little less climate change.
      • Each kWh locally produced and consumed simultaneously is a little more energy transition.
      • PEP disrupts the energy industry by allowing the local trading of energy. The future is local P2P Energy Ecosystems, with consumers paying less and producers earning more.
      • The overall vulnerability of the power supply is dramatically reduced.
      • Substantial distributed Socio-economic benefits are generated with this PEP-approach
  • Do I need my own power production (PV on my rooftop) in order to use the PEP App?

      Not necessarily. With PEP, you are very welcome as a normal consumer of electricity (most of us are). A PEP Member is part of the local and global community’s dialogue. Any consumer generates PEP credits while consuming local P2P energy. You can use them to change your own lifestyle or sell them to someone else so they can offset their CO2 footprint.

  • What is the CO2 PEP Credit?

      It is a reward credit for energy consumers, generated by the usage of local clean energy at its production and from the neighbourhood. When you use clean energy, whether by producing it yourself or by buying it from your local network, a number of CO2 PEP Credits are being created. You can then either buy them at a special price to make your own offsets, or you can sell them on the Hub and get some kickback. The value of the Credit is country-specific. The number of credits created per kWh is taking into account the economic added value of the clean tech industry, the amount of CO2 avoided and the loss of energy avoided through less grid transportations. The credit has a two-fold goal:

      1. To speed up the energy transition.
      2. To reduce CO2 emissions and give CO2 a fair pricing.

       

  • How do I use the CO2 PEP Credit?

      Once a CO2 PEP Credit is in your wallet, it is loaded with a CO2 emission allowance certificate. This allows the offset of any unavoidable CO2 emission in everyday life situations. Our design of the CO2 offset process makes it very easy, natural and accessible for our members to apply. With the PEP App you can offset not only your transportation footprint, but also the footprint of every day goods, such as coffee and bananas, as well as events like going to a restaurant or to the cinema.

  • How does the PEP offset work?

      It depends on your home country. We have different certificates for an offset in different continents. In Europe for example, we integrate the standard CO2 emission allowance certificate EUA (EU Allowance). While using our PEP offset you directly influence the amount of CO2 certificates in the marketplace. The more certificates are used, the less are available at the exchanges and the price of CO2 will rise more and more.

      We aim to get the price towards a fair pricing, which would be several times higher than the current price at exchanges. CO2 allowances (permits) certificates have to be bought by polluters to let them keep polluting, but only a finite number get created. By taking an allowance out of the system, the PEP Community can reduce the amount of greenhouse gases being emitted and force industry to invest in cleaner technologies or close down dirty coal or gas plants.

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