From blockchain to bill savings: how EBITTS is transforming energy

Thanks to our ability to innovate, we are the first company in Italy and the world to tokenize a basket of renewable energy plants and bring benefits to the bill.

 self-production of renewable energy

More than 85 million families in Europe live in apartment buildings or in apartments with limited opportunities to install photovoltaic panels on the roofs of their homes.

In order to overcome this limitation, we have developed an innovative solution that can enable anyone to access the self-generation of renewable energy.

The idea came from a colleague who was taking part in an innovation challenge. and was subsequently incubated and developed together with the innovation team and turned into a concrete business proposal. This is how the "EBITTS" project came to life. It provides access to the self-generation of renewable energy directly to consumers, thereby turning them into "virtual prosumers."

This is possible thanks to Blockchain technology, through the purchase of a Token Box. This provides customers with access to energy generated by high-efficiency renewable installations (both solar and wind) located in Italy. This is without the physical limitations associated with the installation of domestic solar panels, with recognized benefits in terms of utility bills.

When the plants in the Token Box produce energy, the owners of the Token Box can potentially receive a bill discount proportional to the amount of energy produced by the plants connected to the token box. The offering is highly customizable through a dynamic configurator that enables customers to structure the product best suited to their needs.

Customers can monitor the production of their Token Box through a dedicated app, thus having daily control of the green energy produced and self-consumed.

Together, these features make the Token Box a highly accessible and flexible tool that’s suitable for everyone.

But the benefits of EBITTS go far beyond the home and the city boundaries 

With its innovative approach, EBITTS not only enables individual customers to directly access and benefit from renewable energy, but it’s also an engine for more equitable and affordable energy development for all, by placing digital innovation at the service of decarbonization.

Starting from the needs of the individual and local communities, the platform enables the informed and responsible involvement of citizens in the energy transition. In this way, they can contribute to the development of renewable generating capacity and accelerate the decarbonization of the energy system.

Nor is EBITTS limited to Italy: it provides a replicable and scalable model globally, easily enabling citizens around the world to become active players in the green transition.

Conio is the CASP (Crypto Asset Service Provider) that worked with Enel in the implementation of the project, in particular the tokenization part. It handled the sale, issuance, transfer and custody system of the Token Box in the individual digital wallets of customers.

The EBITTS Token Box is currently available as an exclusive preview for Conio customers who have – or have signed up for – an Enel Energia offer.

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