SINDICATUM BLOCKCHAIN TECHNOLOGYBlockchain: Energy Web Chain, ERC20 compliant token An innovative...
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reneum Digitizing and Democratizing Renewable Energy
Transcript of SINDICATUM BLOCKCHAIN TECHNOLOGYBlockchain: Energy Web Chain, ERC20 compliant token An innovative...
reneum Digitizing and Democratizing Renewable Energy
Reneums (www.reneum.com) are a new type of Environmental Attribute Certificates (EACs).
• They represent proof of 1 MWh of energy generated • Provide indirect access to ‘green electricity’ in markets where it is difficult to buy
clean energy directly• Credits can easily be discovered through Reneum’s public online database of
global EACs • The blockchain-based tokens provide public Proof-of-Origin of the green
electricity purchased, making them easily auditable• Reneums are purchased by corporates to support voluntary sustainability targets
or represent compliance with regulatory obligation• Reneums will be retired from circulation in the online database to avoid double
counting• No upfront registration or certification fee for projects joining the platform• Highly secure database due to immutability of blockchain• No relationship to Bitcoin or any other cryptocurrency; payment done in fiat
currency of your choice
Summary of BusinessLocation: SingaporeOwned by: Sindicatum Sustainable ResourcesToken Value: 1 RENW token = 1 MWhToken Price: Variable by region ~$2/Reneum Token Transaction Fee: 10% platform fee upon Token Sale Transaction Currency: Fiat (no cryptocurrency required)Token Issuance: Monthly retroactiveBlockchain: Energy Web Chain, ERC20 compliant token
An innovative platform unlocking global supply of renewable energy attributes to support Paris Accord goals
About ReneumIntroducing Reneum…
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Why Reneum Works:I. Provenance of data will be automatically stored and can be easily retrieved ensuring full traceability II. Reneum opens up a global market that has previously not existed, providing for the exchange of RECs from traditionally
unaddressed marketsIII.Reneum supports projects to become certified and works with buyers to provide them a one-stop-shop for bundles of global EACs
Requirements for RE Projects:• Satisfy a project verification check• Register meter to Reneum cloud system• 100% clean power from solar, wind, or geothermal • Receive no other EACs or carbon credits associated with
emissions reduced• Not have a PPA with a third-party that includes/bundles
non-power attribute• Certification and connection to meter is free of charge for
project developers
Reneum helps Buyers of RE by:• Discover projects from globally populated public database• Providing proof of origin including: full traceability for
location, technology, and impact• Daily data reporting for consistent and trusted monitoring• Helping to report carbon emissions offsets in CSR reports• Buyers connect directly with projects to exchange tokens• On-platform token burning mechanism removing tokens
from circulation to avoid double counting
Reneum operates as a certifier of EACs, a public database profiling available EACs, and introduces buyers to sellers
About ReneumProducers can yield the full economic value of their environmental attributes through an alternative revenue stream
Reneum is a Singapore-registered not-for-profit and therefore does not charge a registration or certification fee. The only fee Reneum receives is a flat 10% token fee for every token sold, only upon sale to a buyer.
Process Circumstances Reneum Borne Costs Project Borne Costs
Initial Site Inspection & Certification
All projects require initial inspection for certification
Reneum pays for all costs associated with engineering inspections including travel
N/A
API Connection (if possible) Preferred method of connection, done through project’s SCADA feed if available
N/A N/A
Hardware Upgrades (if necessary)*:- Energy Meter- Convertor
If no SCADA or smart meter, project will need to procure an energy meter and convertor configured with Reneum’s cloud address
N/A- USD $100- USD $50
Platform Fee (upon sale of tokens)
All projects (non-negotiable transaction fee upon token sale)
N/A 10% of tokens sold to buyer
Costs Associated with Reneum Platform
Onboarding
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**Estimated annual output using the following formula: (365 days per year) x (24 hours per day) x (maximum capacity) x (capacity factor) = expected megawatt hours per year
Type of Technology Average Yield
Type of ProjectAverage Capacity
Utilization Factor (CUF)MWh Generated/Year
(100 MW plant)**Reneums Earned/
Year (100 MW plant)
Solar 25% 219,000 219,000
On-Shore Wind 36% 315,360 315,360
Off-Shore Wind 40% 350,400 350,400
Geothermal 75% 657,000 657,000
Landfill Gas 70% 613,200 613,200
The price of Reneum tokens will vary by geography, based on the supply and demand in that market. The average price is USD $2per token, but Reneum does not participate in market-making, so pricing will be determined between buyer and seller in a bilateral exchange.
For reference: 1 Reneum Token (RENW) = 1 MWh = 1 EAC
Expected Token Yield Based on Renewable Energy Technology
Token Economics
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Reneum partners with several EAC and energy companies to deliver a comprehensive database globally
Token Sales – Partnerships and Approach
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Token Sales Approach
Certification Assessment
• Assessment of environmental attribute ownership rights• Verification of no other EACs or Carbon Credits being currently traded (though registration
to other platforms is permissible)
Onboarding • Connection to Reneum platform via API or meter hardware installation to report daily generation output
• Energy Web Foundation hosts our blockchain enabling aggregation with other brokers• Project receives login credentials to personalized account to view tokens
Brokering • Our Chairman was the Founder of the RE100 initiative so we have deep relationships with global EAC buyers
• We facilitate introductions to buyers looking to offset
Transactions • A post-connection audit may be requested by a buyer • Reneum price (MWh) is agreed between buyer and seller bilaterally• Invoice automatically populated on Reneum platform• Reneum holds tokens in escrow until currency transfer made
Reporting • Buyer has login account as well that they will receive their tokens to once transfer made • They can trade these tokens onwards if they prefer, or retire directly on the platform
through automated retirement feature• Receive a detailed report including all provenance data of tokens to include in CSR report
Reneum helps producers yield the full economic value and social benefit of their environmental attributes by offering an alternative revenue stream.
To join the Reneum platform, producers of renewable energy must:
• Satisfy a simple verification check• Have a meter that would be enable to provide real-time generation
data to the Reneum hub• Produce 100% renewable power from solar, wind, geothermal and
select waste-to-energy projects• Receive no other EACs (RECs, ROCs, REGOs, etc.) • Receive no carbon credits associated with emissions reduced• Not have a PPA with a third-party that includes/bundles non-power
attribute• Verification of ownership of environmental attributes • Set up an ERC20 crypto wallet to which your tokens can be issued
directly
Renewable Energy Projects
Reneum Sellers
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Some of the world’s leading businesses are adopting 100% renewable energy targets
As part of the roadmap activities in achieving up to 100% renewable energy targets, Reneumtokens can be retired (burnt) to compensate for the unavoidable use of fossil fuel energy.
Burning Reneum tokens is an important, but complementary tool that can help you to achieve your targets and go up to 100% renewable.
The Reneum platform supports consumers of green energy by:
• Allowing them to report carbon emissions offsets in their
sustainability report
• Providing proof of origin including full traceability for
location, technology, and impact of the renewable energy
produced
• Can retire Tokens directly in Reneum account using
individually-tailored buyer account profile
• Accounting reports populated automatically including
invoice management and escrow for token transfers
Renewable energy generators can sell their own tokens directly to corporate, institutional or individual buyers
Buying Tokens
Reneum Buyers
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Estimated token value by geography according to 2019 market demand (subject to 1:1 negotiations between buyer and seller)
Market Pricing Estimates
Columbia – $3-5
Price is per MWh (Reneum equivalent) and in USD
Mexico - $2-4
India - $2-3
Jordan - $3-5
Morocco - $2-3
Thailand - $3-5
Singapore - $15-20
Cambodia - $3-5
Vietnam - $5-7
Australia - $3-5
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Assaad RazzoukExecutive Director
Mark KenberAdvisor
Brianna WelshManaging Director
Reneum’s Core Management
Leadership Team
Om PrakashTechnical Director
Jessica CheamAdvisor
This information summary, and any presentation made in conjunction herewith and any accompanying materials, have been prepared by Reneum Institute Ltd. (the “Company”). The information contained herein was obtained from sources believed to be reliable, but neither the Company nor any of their respective directors, officers, employees, agents or affiliates have made any independent verification of such information. The information contained herein and any presentation made in conjunction herewith and any accompanying materials are preliminary and for information only. This document and any presentation made in conjunction herewith are being delivered to and for the consideration of a limited number of prospective counterparties who have the knowledge and experience in financial and business matters, and the capacity to conduct its own due diligence investigation of all the facts and circumstances to independently evaluate any potential transaction involving the Company. This document is not intended to form the basis of a decision to enter into any transaction with any party. This document does not purport to contain all of the information that may be required to understand the Company or any proposed transaction involving the Company, and any recipient hereof should conduct its own independent analysis on the Company and the data contained or referred to herein prior to making any decisions on any proposed transactions. No liability, howsoever arising, is or will be accepted by the Company or any member of their respective groups or
their directors, officers, employees, agents or advisers for the fairness, accuracy or completeness of the information (including all estimates, valuations, forecasts, assumptions or statements of opinion or expectation) or opinion contained herein or in any other information supplied or made available or representation made in conjunction herewith or any accompanying materials, in writing or orally, in connection with any negotiations for a proposed transaction with or involving the Company or for the consequences of any reliance upon or other use of any such information. No representation or warranty, express or implied, is or will be made with respect to the fairness, accuracy or completeness of any of the information (including all estimates, valuations, forecasts, assumptions or statements of opinion or expectation) contained herein or any other such information. Only those particular representations and warranties which may be made to a counterparty in definitive contractual documentation, if and when executed and subject to agreed limitations, shall have legal effect. Any potential counterparty will be required to acknowledge in any definitive contractual documentation that it has not relied on or been induced to enter into such agreement by this document or by any other representation or statement, save as expressly set out in that agreement. This document may include certain financial and other projections and forward-looking statements provided by the Company with respect to the anticipated future performance of the
Company. Such projections and forward-looking statements reflect various assumptions concerning the future performance of the Company, which assumptions may or may not prove to be correct. The actual results may vary from the anticipated results and such variations may be material. No representations or warranties, express or implied, are made as to the accuracy or reasonableness of such assumptions or the projections or forward-looking statements based thereon.Neither this document is a prospectus or listing particulars, nor its delivery to any prospective counterparty will or is intended to constitute or form part of any offer, solicitation or invitation to sell, buy, issue, underwrite, acquire or subscribe for any interest or other securities or assets of the Company or entities related to the Company, nor shall it or any part of it form the basis of or be relied on in any connection with any contract.
Disclaimer
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