Bitcoin Market predicts first Comerc token within 60 days. Photo: Pixabay.
The Bitcoin Market closed an agreement with Comerc, the country’s largest energy manager, to issue renewable energy tokens. Companies are planning, for now, two tokens. One of them is the “cashback” that comes from distributed generation (GD) of solar energy. It is expected to be launched between late December and early January 2022. And another token backed by a certificate of consumption of electricity from renewable sources, according to Reuters.
Comerc sells energy to large consumers who, under current rules, can negotiate energy prices and suppliers, that is, they are in the free energy market. And it also has a distributed solar energy generation platform, and SouVagalume, and that’s where the cashback token will be created.
At SouVagalume, a residence applies to “rent” a piece of solar energy generators. Rent is based on your average consumption. This energy from the so-called solar farms goes to local distributors. Whoever is in the system receives electricity normally from their distributor.
But because you’ve invested in something renewable, you get around 15% to 20% cashback on your account value. It is this cashback that will support the creation of the token scheduled for 2022. This discount, or “cashback”, is equivalent to approximately 15% to 20% of the account value, depending on the size of the consumer.
“The token can be treated like any other currency, but it has an additional benefit, it is a token that represents a renewable generation”, told Reuters Matheus Nogueira, CEO of Mori, the company responsible for the distributed generation assets – the one that happens in several points – from Comerc.
Comerc will offer customers options such as purchasing tokens for a fixed amount. Then it will sell on the secondary market. “If you have a monthly expense of one thousand reais, for example, it can be a residence, commercial or rural, the consumer would have R$ 150 per month converted into tokens”, he explained.
Comerc surpassed 5 thousand customers that generate their own energy through the DG platform. By the end of 2022, the expectation is to reach 150 thousand customers.
According to Roberto Dagnoni, CEO of Grupo 2TM, the holding company of the Bitcoin Market, the company will have “100 currencies or listed assets” by the end of the year. “The person converting their consumption into renewable energy, earning a discount and having liquidity in token, is a very interesting offer. “It’s more interesting to win this token. A discount on the invoice materializes much less,” the executive told Reuters.
The token backed by I-REC (International REC Standard), a certificate of consumption of electricity from renewable sources, is being structured. Companies use this certificate to buy that follow sustainability policies. Companies generate energy, issue the certificate and sell to those who want to offset carbon, for example.
Comerc is in part (50%) of Vibra, ex-BR Distribuidora.