The blockchain-based energy ecosystem for a sustainable future of our planet Earth.
will double worldwide by 2050
Grid Intervention Costs
What is VOLTEX?
The Blockchain-based Energy Management System.
VOLTEX is a blockchain-based energy management system with an integrated peer-to-peer trading platform. The system measures, controls and regulates the power grid at 50 or 60 Hertz. In order to avoid electricity frequency fluctuations and power cuts, the control of the frequency in the grid is decisive.
VOLTEX interlinks and organizes decentralized electricity prosumers with power grids and promotes renewable energy. Through the integration of the blockchain into the VOLTEX system, electricity trading with digital certificates of origin is revolutionized. VOLTEX concentrates on the power station stakeholders, industries and companies that produce, consume or trade in large amounts of electricity.
VOLTEX provides a sustainable solution for the grid stability, cost optimization and trading in electricity factors. Towards this goal, LIOT AG focuses on the blockchain technology with VOLTEX.
Peer-to-peer Trading Platform
The buying and selling of energy via smart contracts is organized efficiently and automated on the trading platform. Independently of the energy source (solar, wind, biomass, classical energy sources) industrial companies, power stations, vehicle charging stations, hospitals or virtual power stations can choose preferred energy sources at low transaction costs.
Grid Stability and Security
The currently highly fluctuating power grid is stabilized at 50/60 Hertz with the intelligent VOLTEX modules. With too much generated energy, rechargeable batteries can be reserved for electricity purchases at high tariffs or for network undervoltages. Counteracted, counteracted under- and overvoltages can thereby prevent global blackouts.
Expensive reference peak loads for electricity consumers are capped and the energy consumption is reduced thanks to the energy management. The costs for the end customers are reduced by up to 10% through the smoothing and the feeding in from decentralized energy sources.
Area of Application
The energy management is inserted between the third and seventh power grid levels. At the first network level, the electricity generated is first fed into the ultra-high voltage network. VOLTEX comes into use from the high voltage level down to the low voltage level where the power stations, large-scale industry and hospitals are found.
Levels 2, 4 and 6 are so-called transformer levels. They transform the current to the next lower (or, where necessary, higher) level.
Current situation and solution
More networking, more mobility, more maintenance and more connectivity pose new challenges for the energy industries.
The bulk of our electricity is generated by dirty, inefficient and expensive energy systems which cause health problems and exacerbate climate change. The current worldwide industrial structure is mainly made up of vertically integrated utilities and grid operators.
Rising energy consumption
Despite efforts to improve energy efficiency and reduce consumption, global energy consumption will double in the next 40 years. The reasons for this are the rising population and the electrification of transport and households. Total annual European electricity consumption will rise from 24,600 TW in 2017 to 53,600 TW in 2050.
Revolution with VOLTEX
VOLTEX ensures network security and stability with a frequency at 50/60 Hz. Supported by the decentralised blockchain-based peer-to-peer platform, transparent trading of electricity capacities attested by certificates of origin is made possible. This promotes the change to clean and renewable energy.
According to calculations by VOLTEX, annual energy consumption will be reduced by at least CHF 40 billion worldwide as a result of optimisation in the industrial sector.
Since the beginning of the development of the energy management system two years ago, a tested prototype has been developed and a competent team for the further development of blockchain technology has been set up. For the future, the roadmap foresees the integration of the blockchain with the VOLTEX modules will be further developed.
Product Idea & Concept
Research & Development of the Energy Management
Integration of Algorithm & AI
First Hardware MVP
Concept & Feasibility of Blockchain
Team & Legal
Public Announcement & Start Roadshow
First Development Voting
Start IP Development of MVP
Platform Building and Blockchain Development
Pilot Smart Energy
Start Hardware Production & P2P Platform
2021 – 2030
VOLTEX is going worldwide
Events & Conferences
Learn more about VOLTEX and visit us at our roadshow.
Our team has in-depth know-how in the field of energy, blockchain and software and hardware development. We combine our pioneering spirit and entrepreneurial professionalism to integrate enthusiastic innovations and measurable results into our customers’ business processes.
Do you have questions? Don’t hesitate to contact us.