ELEC Price Live Data
The Electrifyasia price today is $0.000190 USD with a 24 hour trading volume of $2.31K USD. Electrifyasia (ELEC) is down -10.37% in the last 24 hours.
About
ELECTRIFY is an energy technology company that is building sustainable energy ecosystems through the development of transactive energy platforms that will democratise access to clean energy across the Asia Pacific.
ELECTRIFY is building an intelligent energy ecosystem that seeks democratise access to clean energy in Asia Pacific, using economic incentivization through inclusive participatory platforms.
In 2017 they have launched Singapore’s first retail electricity marketplace, ELECTRIFY.SG. The first of its kind in Southeast Asia, the marketplace helps businesses and households source and compare energy plans from a multitude of retailers. In the last two years, they have transacted more than 60GWh of electricity for commercial and industrial customers.
They have also developed Synergy, a peer-to-peer (P2P) energy trading platform that allows for the trading of energy from distributed energy resources (DER) to consumers across a city-wide energy grid. In an era of ever-increasing decentralisation and private ownership of small-scale renewable energy resources, Synergy will allow consumers to buy power directly from these DERs at fair prices while allowing the producers to receive a fixed price.