Sitigrid's sustainable technology accelerates the transition to net-zero energy by enabling the grid to better manage distributed renewable generation and its bi-directional nature. The conclusion of the Feed-in Tariff (FiT) in 2019 ended significant benefits of installation of solar panels within the UK; by offering improved monetisation for surplus energy as well as green certificates for micro generation, the Sitigrid solution re-incentivises the installation of solar within the UK.
The Sitigrid tradeable green tokens increase the value of green energy, catalysing supply, as unlike REGO certificates, they are traceable and verified through the S-chain to match time of use. Currently millions of consumers select “green tariffs” which are predominantly backed by the purchase of REGOs, proving the demand, this is currently being reviewed by the government. The Sitigrid green tokens provide a superior alternative to the current offering, reducing “greenwashing”.
Conserving natural resources and the existing environment
Embarking on a new technology to safeguard its continuation
Identifying and managing business impacts on society