
Since 2022, we have been developing, building, refining and market testing an exciting peer-to-peer energy trading platform called Consensus Power Trading. This allows us to connect generators, consumers, prosumers and the local community in an efficient and mutually beneficial way, using the latest technology.
A substantial pipeline of consumers and generators has already been engaged through energy brokers, with full legal suites and two live Local Energy Community initiatives in Norwich and Birmingham underway.
Consensus Power enables power trading directly between renewable generators and consumers with compelling mutual benefit, plus it enables new renewable generation to be financed and established with a ready customer base and a real stake in productive assets owned by the community. Additionally, a minimum £2 for every MWh of power traded through the platform is contributed to a Local Community Fund, hosted by Empower Community Foundation, focused on local non-profit initiatives.
This provides a growing and lasting legacy of financial resource channeled into local non-profit initiatives focused on solving socio-economic and environmental issues in the area.
Local Energy Communities that retain more value locally, support wider direct participation in energy markets creating enduring community benefits that continue long after the initial funding has been deployed.
