AUSTIN, TX / OAKLAND, CA – April 30, 2019 – Swytch, a company reimagining energy data for enterprises, and WattTime, a subsidiary of Rocky Mountain Institute and software tech nonprofit focused on giving people and companies the power to choose clean energy, today announced a partnership to drive sustainability by empowering organizations with a higher level of verifiable energy data based on their environmental efforts.
Swytch is leveraging WattTime’s API platform to feed real-time and historical marginal emissions data into its blockchain-based Oracle. Swytch thus gives organizations a more-complete and more-accurate view of their energy generation, energy use, and associated carbon offset information.
The Swytch platform connects to a company’s renewable energy devices and provides an in-depth look into their energy generation and associated carbon offset. This is then delivered in a digital data asset to the owner, which can be used for tracking, reporting and decision-making purposes. This allows organizations to improve their business and sustainability practices with actionable insights from their own impact calculations.
“With WattTime’s software, mission-driven organizations can access and implement emissions data that informs strategic energy decisions, from renewable energy purchases to the smart IoT devices controlling flexible energy demand,” said Gavin McCormick, WattTime co-founder and executive director. “Corporate sustainability efforts are evolving, so we’re proud to partner with Swytch to make those processes both easier and more effective. That’s a powerful combination.”
Swytch sets a standard for trust so parties can track and understand the sources and uses of renewable energy production based on IoT data, which enables organizations to streamline reporting and turns historical areas of cost into future centers of profit.
"Two of the most important things we provide for our clients are accountability and transparency,” said Evan Caron, co-founder and managing director of Swytch. “WattTime's marginal emissions data provides our customers real-time insight into their carbon offsets, empowering them to quickly make the right decisions to prioritize clean energy and invest in a cleaner future.”
WattTime is a nonprofit with a software tech startup DNA, dedicated to giving everyone everywhere the power to choose clean energy. We invented Automated Emissions Reduction (AER), which allows utilities, IoT device and energy storage companies, and any end user to effortlessly reduce emissions from energy, when and where they happen. Our cutting-edge insights and algorithms, coupled with machine learning, can shift the timing of flexible electricity use to sync with times of cleaner energy and avoid times of dirtier energy. We sell solutions that make it easy for anyone to achieve emissions reductions without compromising cost and user experience. WattTime was founded by PhD researchers from the University of California, Berkeley, and in 2017 became a subsidiary of Rocky Mountain Institute.
Swytch is revolutionizing the way energy assets are valued helping lead the way for a cleaner future. Founded by a team of energy and IoT experts, Swytch’s enterprise data service captures and creates value from energy information flows and events. Swytch sets a standard for trust so parties can track and understand the sources and uses of renewable energy production based on IoT data, which enables businesses to streamline reporting and turns historical areas of cost into future centers of profit. For more information, visit Swytch.io or follow Swytch on Telegram, Medium and Twitter.
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