Gallery TEO 1
Gallery TEO 1
May 2021
By Engie
Headquarters 92400 Courbevoie, France
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TEO - Providing customers, employees and stakeholders with proof of origin for green energy in real time

Energy today represents 2-3% percent in operations costs but up to 20-30% of carbon footprint for industrials. Companies are moving to 100% renewable energy consumption to lower their carbon impact, but today the only mechanism is the 'Guarantee of Origin' scheme, an old system with a greenwashing reputation. TEO guarantees real green energy consumption, 100% production-consumption matched renewable energy. Renewable electricity production and consumption is traced in near real time to let clients target concretely towards 24/7 green energy consumption. Customers are given communication tools to transform their energy purchase cost in image investment.

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Key features

  • Using TEO, an industrial company consuming up to 200GWH of energy in France can avoid the equivalent of 4285 plane trips around the world
  • Using green electricity produced in France and traced with TEO can save 507 Kg CO2/year per house
  • Carbon impact is very low due to a low energy consumption blockchain, 1000 time less than classical blockchain

Profitability

  • 2 or 3 times less expensive than usual green energy certification
  • Significant time saving for carbon accounting and CSR report, up to 24 FTE per year

Categories of Application

Maturity Stage

  • Medium and large scale commercialization
  • Small scale commercialization
  • Initial market commercialization
  • Prototype testing in the real world
  • Prototype testing 1:1 in the lab

Looking For

Activity Region

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Europe

Belgium, France,

South america

Brazil,

  • Headquarters
  • Activity

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