1. Monetization Energy Data with Blockchain
Tan Lim Soon Fu
Chief Technology Officer
Monetization Energy Data with Blockchain
Empowering The Masses
To Mitigate Climate Change

2. Energy Efficiency and Renewable Energy
The Reality
Investments into
Energy Efficiency and Renewable Energy
is not as
HIGH
as it should be

3. The Idea
Creation of an energy generation record keeping ledger and CO2 emission offset ledger for energy projects

4. The Idea
Creation of an energy record keeping ledger and CO2 emission ledger for energy projects
Savings tracked and recorded on blockchain
Energy Cost
Current Energy Cost
New Reduced cost savings programme
Time

5. Current EPC Financing Model
Building owner
Contract
Execution
ESCO
Savings Payment
Loan
Savings Payment
Financial institution

6. Today’s Situation Building owner Government CO2 saving ESCO
CO2 credits

7. Shared energy saving scheme
The Challenges
Energy usages
Energy baselines
Shared energy saving scheme
Difficulty to track
Inaccurate data on energy savings
Manual data extraction
Easily tampered
Lack of technical competent
Disputable savings allocation
Survivability of the contract 

8. BESC Introduction
BESC platform is a record keeping for the energy usage and CO2 emission for any equipment that manage by an energy management system.
The record ledgers are store in a permissioned blockchain as a service run on a public cloud platform.

9. Blockchain Concept
Blockchain is a group/block of transactions that store as distributed ledgers in a network of computer nodes with a consensus protocol (by automated rewarding) and encryption technologies for data integrity and security.

10. The Blockchain Patent-pending Solution
Public Ledger
Energy usage record creation
Records verified based on consensus (PoI)
Record block added to chain with encrypted key
Records block replicated to consortium nodes
Energy savings (ES coins) & EPC Carbon (EPCC Coins) generated
ES coins and EPCC coins allocation with Smart Contract
Filed for Patent in Malaysia with title: UI “A Blockchain- based Method For Monitoring And Assessing An Energy Savings Scheme”

11. BESC Objectives Blockchain-based Energy Savings Consortium (BESC)
To build a transparent, trustworthy and auditable energy savings database
Open to any party implementing energy efficiency or renewable energy projects.
Aligned to the objectives of Malaysia’s National Energy Efficiency Action Plan (NEEAP )
Attempt to monetize CO2 credits
ISEAL compliant and UNFCCC CDM compliant

12. BESC Value Proposition
Building owner
As energy savings & CO2 record keeping ledger with blockchain technology
Contract
Execution
Savings Payment
Savings Payment
ESCO
Invest/Loan
Platform to raise funds to undertake EPC through Equity Crowdfunding (ECF) or Peer-to-Peer (P2P) Lending
Financial institution
ECF/P2P Operator + M&V Consultant

13. Energy Efficiency Scenario
ES COIN
1 kWh X Local Electricity Tariff =
Fiat Currency
Fiat exchange by EPCblockchain.com
CO2 COIN
1 ton CO2 =
Carbon Market
Fiat exchange by cryptocurrency exchanger

14. Renewable Energy Scenario
Carbon Market OR
CO2 COIN
1 kWh generated =
Fiat exchange by cryptocurrency exchanger

15. Additional Tokenization Benefit
CO2 COIN
Sustainability Reporting

16. Use Case – Winner of the TNB 3rd iCON Hackathon 2018
TNB Energy Savings Reward Programme
Employee eWallet given coins equivalent to energy savings/OPEX saved
Coins can be used to redeem gift cards which to be purchased by TNB
Powered by:

17. Use Case – Tokenization
ES COIN
1 kWh =
Purchased by TNB from OPEX savings

18. BESC Service Offering To ESCO
M&V services by CMVP at cost to ensure lodgment of data on blockchain
Energy management system integration service for data recording on the blockchain.
Assistance to facilitate and develop marketing material for crowdfunding

19. Crowdfunding in Malaysia
The total amount raised through ECF in Malaysia jumped sharply to RM23,393,973.
Based on loan rejections by banks, BNM estimated the SME financing gap at RM25.1 billion for Of this, it felt RM21.8 billion could be met by alternative financing, including market-based crowdfunding.

20. Unique Proposition
= Energy Performance Transaction Settlement + Project Crowdfunding + CO2 Monetization

21. BESC Benefits Possible monetization of CO2 credits
Fund raising of Solar PV/Energy Efficiency project through blockchain based crowdfunding
Lower IT infrastructure capital expenditure
Lodgement of data to Blockchain
Automated measurement and verification
Survivability of Energy Data (Tool to comply to ISO Business Continuity Management )

22. Facility service providers
Blockchain Energy Savings Consortium (BESC)
Facility Owners
EMS providers
Facility service providers
M&V Consultant
Energy providers
ESCOs
Finance Institutions
Logon to register as consortium member.

23. Thank You
Tan Lim Soon Fu
Accelerated and Invested by
EPC Blockchain Sdn Bhd was founded by experienced professionals in the energy industry who have implemented a range of energy saving and renewable energy projects in Malaysia.
EPC Blockchain Sdn Bhd shall develop and manage the Blockchain Energy Savings Consortium ( where BESC is intended to be a ledger for the energy generation, energy use, energy reduction and avoided CO2 emission for any electrical equipment that is managed by an intelligent energy management system in industries, buildings or homes.