Second Spanish RED Franchise Secured
Restart Energy prides itself on its ability to expand quickly and effectively in any and all types of decentralized energy markets due to our disruptive franchise model that leverages local know-how and has already lead to extending RED’s reach internationally. Thus, the time has yet again come to present another such franchise-driven expansion — namely our newest Type B franchise in Spain.
Acquired by mister Andrés Miguel Roca Lloret — or, as many within our RED telegram community know him as, Yo — the newest addition to the RED franchise family will be situated in the central-eastern part of Spain, in the Valencia region.
Andrés Roca himself is a pillar of our RED community, frequently helping to maintain a positive atmosphere within our main channels through his confidence in Restart Energy Democracy, built upon a deep knowledge of our project. Notably, he is also a veteran entrepreneur, an expert technician regarding sustainable development in the utility sector, and an accomplished teacher specialized in guiding other trainers in matters of personal development and professional independence — these time-honed skills will serve him well in the managing of his franchise in the years to come and will be a great boon as he strives to succeed, with Restart Energy supporting him every step of the way. To this end, during the final days of November, Miguel visited our headquarters in Timișoara and not only discussed strategic details regarding his franchise, but also toured our sprawling offices and shook hands with the Restart Energy team.
The franchise itself, being a regional Type B franchise, will give Mr. Roca the ability to freely establish franchise outlets in several cities, including Valencia itself. In terms of population and thus potential customers, according to a 2016 study, the city of Valencia’s urban sprawl population alone goes past 1.5 million, with the associated metropolitan area adding as much as a further million to that number. Given that electricity is a basic utility and needed by everyone, combined with the advantages that p2p trading and blockchain technology offers, it is our conviction that this franchise will be a substantial addition to the reach and market penetration of RED once it goes live.
The most noteworthy energy project to affect Valencia at a regional level has been dubbed the ‘Wind Plan’ and it is pending implementation across 15 zones in all three provinces of the wider Valencian Community. The plan means to increase local renewable energy sources significantly and will consist of some 67 wind farms. When set in place, these will produce approximately 5,500 MWh every year, which translates to around 80% of the electricity consumption within the region. Estimates put the total installed capacity at approximately 2,300 MW of clean electricity and as such will offset a substantial amount of emissions — around 2.1 million tons of CO2 annually — being the equivalent of ~140 million planted trees. The project is expected to draw investments of some 2 bn. EUR.
Spain itself has seen a highly successful year in renewable energy growth overall and this coupled with very favorable weather conditions manifested in a splendid first half of 2018, in terms of renewable generation. 45.8% of on-grid electricity demand was covered purely with energy from renewable sources in H1 of 2018, as stated by the national grid operator Red Eléctrica de España (REE). The main sources were:
Wind — 22.6%
This corresponds to 10.4% more than the same period in 2017, leading to eolian becoming the single largest source of electricity in the country, renewable or otherwise.
Hydro — 16.9%
Hydroelectric output has seen by far the largest improvement in terms of sheer growth, having outproduced H1 2017 by 74%. This massive increase has been in part attributed to the dry weather conditions of the previous year, yet the sector cannot help but look promising with such performance on display.
Solar — 4.6%
While not providing as much overall as wind or hydro, solar energy has nevertheless managed to sustain a very steady power output within the last 6 years.
Such numbers are not the result of mere chance, but the recent development of renewable sources becoming an increasingly viable solution to the pollutant power sources that have dominated electricity production up until now. In the future, if supported by legislation, this has the potential to lead to a strong growth and shift towards prosumers — something we would also like to aid through the franchises we wish to see setup within not only Spain, but every country that RED expands into. Each potential new business partner we have that opens a RED franchise in his respective country represents not only one further step for RED, but also a giant leap towards a cleaner planet and a brighter tomorrow.
About Restart Energy
Restart Energy Democracy (RED) is a blockchain-powered platform, backed by Restart Energy — a European energy provider with 20 million USD in revenues. The company was built with a vision to democratize the energy sector and quash the dominance of legacy monopolies in the energy world. The company’s credentials include a customer base of 27,000 household and 3,000 corporate clients, expanding at more than 2,000 clients per month (5,000 new customers in the first two months of 2018), and its impressive growth: 1,700% from 2015 until today.
Restart Energy is developing the world’s first peer-to-peer, fully decentralized energy transfer platform allowing users to send and receive energy worldwide, based on its proprietary virtual balancing system, that uses A.I., Big Data, and IoT technologies. The RED ecosystem is comprised of the RED-Platform, RED-Franchise, and MWAT Tokens.
The RED-Franchise is the first power retail franchise to simplify and allow any company or entrepreneur to operate their own power utility enterprise, enabling them to start selling energy in more than 35 deregulated energy markets globally.
MWAT tokens are crypto-tokens that enable the buying and selling of up to 1 MWh of electricity per month on the RED-Platform Software and will facilitate the development of affordable clean energy, through free-market practices. Upon completion of registration on the platform, an initial loyalty bonus of 0.11 kWh is applied. Producers send out monthly loyalty bonuses through the RED Loyalty System, totaling 1–5% of traded on-grid energy in exchange for access to the RED Platform.
Importantly, it should be noted that potential franchise partners will need to own (this is not a form of payment to us) a certain number of MWAT tokens, in order to qualify for our various franchise tiers — the secret to our award-winning growth as a business!
For more information, please visit our website, our Telegram, and read the Restart Energy whitepaper. Join our announcement channel for updates regarding Restart Energy Democracy.
We invite you to join our RED Platform’s beta and earn 50 MWAT for joining now; refer your friends for even more rewards.
RED — Send and receive energy, worldwide.
