TRAKEN

TRAKEN enables all decentralized and variable generation loads to be accessible and commercially viable to aggregators benefiting both sides of the value chain and accelerating the adoption of renewable energy sources.

Building upon the latest discoveries in blockchain based decentralized systems, TRAKEN offers an agile and flexible way to turn electrical energy into digital liquid asset that can seamlessly be traded and exchanged in the environment of verified participants.

Products:

  • Virtual Power Plants (VPP): TRAKEN’s Virtual Power Plants (VPP) allow the aggregation of decentralized energy sources, regardless of size, into a single entity for efficient trading.
  • Digital Power Purchase Agreement (PPA): TRAKEN’s PPA introduces a novel combination of Ricardian and smart contracts to streamline the purchase of electricity even from small producers.
  • Guarantees of Origin: TRAKEN’s Guarantees of Origin (GO) system certifies the renewable source of energy, ensuring transparency and trust in green energy markets.

Production capacities:

TRAKEN TECH operates with a team of experienced blockchain developers, energy experts, and business strategists. Supported by Moonstruck.io, a specialized Web3 development studio, the team is capable of developing, integrating and deploying decentralized energy management systems, supporting multiple stakeholders in the energy sector with advanced digital tools.

Target markets:

The company’s goal is to establish partnerships and conclude export contracts, especially on the markets of Europe and Asia. There is a special focus on countries with a developed energy market and a high rate of adoption of renewable energy sources, such as Singapore, South Korea and Japan in Asia, while in Europe the focus is on Italy, Spain and Portugal.

Statistics:

  • Partnerships: Collaborations with SEEPEX (part of EPEX Spot), ELES (Slovenia), KOER (Croatia), Sidora (Italy) and others.
  • Funding: Secured €300,000 in grants from Serbia Innovation Fund, UNDP, EIT, and SynergistEIC to develop the MVP and pilot with solar producers.
  • Investment: Currently closing a seed investment round for market entry (secured €600k from €1.2M)

Standards and certifications:

TRAKEN is fully compliant with the relevant regulatory framework:

  • Compliance with the European Blockchain Service Infrastructure (EBSI) standards for notarization and European Self-Sovereign Identity (SSI);
  • Full compliance with GDPR;
  • Adaptation to the MiCA regulation for the future tokenization of energy assets

Reference/clients and partners: SEEPEX AD, ADEX Group, Dione Protocol, ELES, Protasis Engineering&Consulting, Electricity Coordinating Center, etc.

TRAKEN TECH
A: Dr Aleksandra Kostića 14, 11000 Belgrade, Serbia
P: +381 63 1022262
M: +381 63 606098
E: office@traken.tech
traken.tech