6. 6
BESC Objectives
• Blockchain-based Energy Savings Consortium (BESC)
– To build a transparent, trustworthy and auditable energy
savings database
– Open to any party implementing energy efficiency or renewable
energy projects.
– Aligned to the objectives of Malaysia’s National Energy
Efficiency Action Plan (NEEAP 2016-2025)
– Attempt to monetize CO2 credits
– ISEAL compliant and UNFCCC CDM compliant
7. 7
BESC Value Proposition
Building owner
Financial institution
ESCO
Contract
Execution
As energy savings & CO2 record
keeping ledger with blockchain
technology
ECF/P2P Operator +
M&V Consultant
Platform to raise funds to
undertake EPC through
regulated Equity Crowdfunding
(ECF) or Peer-to-Peer (P2P)
Lending
8. ES COIN
1 kWh X Local
Electricity Tariff =
1 ton CO2 =
Fiat Currency
Fiat exchange by
EPCblockchain.com
Fiat exchange by
cryptocurrency exchanger
CO2
COIN
Carbon Market
Energy Efficiency Scenario
9. 1 kWh generated =
Fiat exchange by
cryptocurrency exchanger
CO2
COIN
Carbon Market
OR
Renewable Energy Scenario
11. Use Case – Winner of the TNB 3rd iCON Hackathon 2018
TNB Energy Savings Reward Programme
11
Employee eWallet given
coins equivalent to energy
savings/OPEX saved
Coins can be used to
redeem gift cards which to
be purchased by TNB
Powered by:
15. 15
The Blockchain Patent-pending Solution
Public Ledger
Energy usage
record creation
Records verified
based on
consensus (PoI)
Record block
added to chain
with encrypted
key
Records block
replicated to
consortium
nodes
Energy savings
(ES coins) & EPC
Carbon (EPCC
Coins)
generated
ES coins and
EPCC coins
allocation with
Smart Contract
Filed for Patent
in Malaysia with
title:
UI2017001389
“A Blockchain-
based Method
For Monitoring
And Assessing
An Energy
Savings
Scheme”
16. How You Can Benefit From BESC?
• Possible monetization of CO2 credits
• Fund raising of Solar PV/Energy Efficiency project through
blockchain based crowdfunding
• Lower IT infrastructure capital expenditure
• Lodgement of data to Blockchain
• Automated measurement and verification
• Survivability of Energy Data (Tool to comply to ISO 22301)
17. 17
Blockchain Energy Savings Consortium (BESC)
Facility
Owners
EMS
providers
Facility
service
providers
M&V
Consultant
Energy
providers
ESCOs
Finance
Institutions
Logon www.besc.online to register as
consortium member.
18. • EPC Blockchain Sdn Bhd was founded by experienced professionals in the energy industry who have
implemented a range of energy saving and renewable energy projects in Malaysia.
• EPC Blockchain Sdn Bhd shall develop and manage the Blockchain Energy Savings Consortium
(www.besc.online) where BESC is intended to be a ledger for the energy generation, energy use, energy
reduction and avoided CO2 emission for any electrical equipment that is managed by an intelligent
energy management system in industries, buildings or homes.
Thank You
Tan Lim Soon Fu
tanlsf@epcblockchain.com
+6018 966 8643
www.EPCBlockchain.com
• Accelerated and Invested by