Jasmine Energy Analysis
What is Jasmine Energy?
Jasmine Energy provides full-service renewable energy certificate management for grid-connected generators. The company registers assets in regulatory databases, manages meter data, brokers and transfers RECs, and handles related paperwork. It also offers web apps for asset management, audits, and document access.
Location
Washington, United States
Employees
1-10
Founded
2022
Product Features & Capabilities
- Generator Registration, Compliance Management, Generation Data Management, REC Brokering, Green-e Aggregation, PPA Disbursement
Pricing
- Homeowners with rooftop solar: 30% fee on RECs brokered, up to 25KW capacity.
- Third-party owners of small scale solar (TPO): 25% fee on RECs brokered, minimum 1 MW aggregate capacity.
- Utility-scale power producers (IPP): 20% fee on RECs brokered, minimum 1 MW site capacity.
Who are the founders of Jasmine Energy
Investors
- Alumni Ventures
- Gagan Palrecha
- Cerulean Ventures
- Climate Capital
- Factor Capital
- Focal (VC)
- UpHonest Capital
Business Model
Revenue model includes fees on brokered renewable energy certificates (RECs) based on customer type.
Competitors Overview
Jasmine Energy operates in the renewable energy certificates (RECs) market, focusing on creating a liquid market for Energy Attribute Certificates (EACs). Its main competitors include:
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REDEX: Offers a comprehensive suite of services for managing RECs, utilizing a blockchain-enabled platform for tracking ownership transfers. This provides enhanced transparency and efficiency, which can be a significant advantage in the market.
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Renewabl: This company operates a marketplace for trading hourly-matched renewable energy certificates, leveraging blockchain technology for traceability. Their focus on hourly matching may appeal to customers seeking precise tracking of renewable energy usage.
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WattCarbon: They specialize in matching offsets to investable projects and quantifying emissions reductions, providing detailed data and methodologies for buyers. Their emphasis on data transparency and credibility could attract clients looking for reliable offset solutions.
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Innovo Markets: Offers a software solution that automates the management and transaction processes of renewable energy certificates using distributed ledger technology. Their automation may streamline operations for businesses, making them a strong competitor.
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T-RECs.ai: Similar to Jasmine Energy, they provide services to manage RECs and utilize a blockchain-enabled platform. Their focus on tracking and certifying ownership transfers may overlap with Jasmine Energy's offerings.
Jasmine Energy's unique advantage lies in its ability to create deep liquid market prices for EACs, enhancing market efficiency and accessibility for users.
Market Focus
Jasmine Energy primarily focuses on the renewable energy industry, specifically managing renewable energy certificates (RECs) for solar energy systems.
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