Blok-Z provides a 24/7 carbon-free energy (CFE) matching software that enables energy providers to align their corporate off-takers' energy consumption with local carbon-free energy sources on an hourly basis. This solution addresses the need for precise tracking and reporting of carbon-free energy usage, facilitating corporate sustainability goals and generating new revenue streams for energy suppliers.
Funding
$750K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many corporations struggle to accurately track and report their carbon-free energy (CFE) usage on an hourly basis, hindering their ability to meet sustainability goals and limiting transparency for stakeholders. Existing energy attribute certificate (EAC) systems often lack the granularity needed to verify that energy consumption is matched with local CFE sources in real-time.
Solution
Blok-Z provides a 24/7 carbon-free energy (CFE) matching software platform that enables energy providers and corporate off-takers to align energy consumption with local carbon-free energy sources on an hourly basis. The platform facilitates precise tracking and reporting of CFE usage, empowering corporations to achieve their sustainability targets and providing energy suppliers with a tool to offer advanced CFE matching services. Blok-Z's API-driven solution integrates into existing systems, allowing for seamless matching of energy consumption with renewable energy generation. By providing hourly granularity, Blok-Z enables companies to go beyond traditional EACs and gain a more accurate view of their carbon footprint.
Target Audience
The primary target audience includes energy providers seeking to offer 24/7 CFE matching services and corporations/enterprises aiming to meet hourly carbon-free energy goals and enhance their sustainability reporting.
Features
- Hourly matching of energy consumption with local carbon-free energy sources
- API integration for seamless connectivity with existing energy systems
- Granular tracking and reporting of carbon-free energy usage
- Support for corporate sustainability goals and Scope 2 reporting
- Facilitation of new revenue streams for energy suppliers through CFE matching services