Flexidao provides software for real-time tracking and management of Energy Attribute Certificates (EACs) and Power Purchase Agreements (PPAs), enabling organizations to minimize market risks and automate compliance reporting. The platform aggregates data from global sources to enhance procurement strategies and reduce operational costs associated with renewable energy management.
Funding
$6.9M 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
Organizations face challenges in tracking and managing Energy Attribute Certificates (EACs) and Power Purchase Agreements (PPAs), leading to market risks and complexities in compliance reporting. Inefficient data aggregation from disparate global sources hinders effective procurement strategies and increases operational costs associated with renewable energy management.
Solution
Flexidao offers a software platform designed for real-time tracking and management of EACs and PPAs, enabling organizations to minimize market risks and automate compliance reporting. The platform aggregates billing, meter, contracts, and environmental certificate data from global sources, providing in-depth oversight of renewable energy portfolios. By streamlining front-to-back processes and managing contracts through their lifecycle, Flexidao helps resolve settlement discrepancies and identify procurement gaps. This centralized management of electricity contracts and certificate data allows for easy visualization, data exports, and optimized EAC allocation, ultimately reducing scope 2 market-based emissions. The platform also provides insights and recommendations to adapt procurement strategies to evolving regulations.
Target Audience
Flexidao targets organizations that procure renewable energy, including global companies, energy suppliers, and those committed to sustainability and compliance reporting.
Features
- Aggregates billing, meter, and environmental certificate data from various global sources
- Provides visual dashboards for enhanced oversight of renewable energy portfolios
- Streamlines front-to-back processes for EAC and PPA management
- Manages contracts through their lifecycle, resolving settlement discrepancies
- Identifies procurement gaps and optimizes EAC allocation
- Automates CDP, RE100, and CSRD reporting processes
- Offers a standard API for integration with existing energy management systems