Jasmine is the easiest way to track prices, verify renewable energy generators, and buy & sell Energy Attribute Certificates (EACs/RECs). Access liquidity on standardized commodity pools and trade efficiently with faster settlement and automatic retirement.
Hey Product Hunt!
A massive thank you to @mwseibel for hunting us! I'm Nathalie from Jasmine Energy joined by my cofounders @mattmayberry @tdaltonc1 and @vinceenachescu. Over the last year we've been building Jasmine Energy with one simple goal: to make financing climate solutions easy, open, and transparent for EVERYONE.
💢 What's the problem?
Energy Attribute Certificates (EACs) also known as Renewable Energy Credits (RECs) are a valuable source of revenue for renewable energy generators and are worth up to $500/REC! The problem is the REC market is stuck in a dot com era time capsule. The whole process is confusing and time consuming, taking weeks to register and days to trade. Jasmine reduces the transaction time from days to seconds and facilitates a whole new class of financial derivatives (futures, shorts, options, etc).
🤝 Our Solution
For Developers: Program clean energy into your smart contracts, build with Jasmine to support renewable energy markets and partner with us to accelerate grid decarbonization.
For Climate Actors: Choose high impact and ensure accurate carbon accounting - rely on our trusted Green-E, current vintage, solar, and wind RECs to directly support your sustainability objectives.
For Credit Suppliers: Upgrade your portfolio with always-on fair prices. Auto-sell RECs at a posted market price. Never need to call your broker ever again.
For Asset Traders: Increase liquidity, track live prices, and trade efficiently with faster settlement and automatic retirement.
♻️ How does this directly help the climate?
Higher liquidity in the REC market would make renewable energy (RE) projects less riskier to finance; attracting new investment for renewables to accelerate our transition to carbon free electricity.
Jasmine is bringing RECs on to the blockchain not just for the transparency and liquidity benefits, but also because DeFi will quickly generate the financial derivatives to accelerate grid scale project financing.
🙏🏼 Asks
If you have any questions or feedback, leave a comment, and we'll be here to help. We’d also love introductions to commodity traders, utility and non utility generators (NUGs), and builders using blockchain to provide climate solutions.
Here's to our green(er) future! 🥳
This is awesome! Would love to see something as an onboarding piece of content for absolute newcomers who want to understand the potential for impact behind RECs and the energy market that Jasmine is part of!
Hi, I've been interested in RECs for a while. My understanding is that in order to trade RECs you have to have some accredition or certifacate from I-RECS standards, Is that correct? Can I personally as a non accredited entity in REC's buy/sell these certificates, exploiting supply/demand to generate profits? Furthermore, What is the benefit of blockchian here, I already spoke to a platform a month ago that offers trading in RECs just like this product and they don't use Blockchain. Could you explain to me what is so special about deplying blockchains for this business?
Having firsthand experience in the energy sector, I can vouch that this solution is revolutionary.
We will be using Jasmine to buy the RECs. The ease of purchase and the ability to liquidate present huge opportunities for us.
Congrats to the talented Jasmine team!
Congratulations, team! Such an awesome product with a lot of really great, stand-up people behind it. The future is bright and I am hyped to see what's next.
AWESOME project, SLICK app, BIG impact... what more could you ask for! Very excited to follow this team as they scale Jasmine
Awesome initiative, Nathalie and team! 🌿 The way Jasmine Energy is modernizing the REC market, not only streamlining the process but also opening doors for innovative financial tools via DeFi, is truly impressive. This could be a game-changer in accelerating renewable energy financing. Keep pushing the boundaries 💡🌍
About Jasmine Energy on Product Hunt
“Realtime climate asset trading”
Jasmine Energy launched on Product Hunt on August 9th, 2023 and earned 125 upvotes and 28 comments, placing #14 on the daily leaderboard. Jasmine is the easiest way to track prices, verify renewable energy generators, and buy & sell Energy Attribute Certificates (EACs/RECs). Access liquidity on standardized commodity pools and trade efficiently with faster settlement and automatic retirement.
Jasmine Energy was featured in Crypto (39.5k followers), Climate Tech (13k followers), Web3 (7.7k followers) and Blockchain (6.5k followers) on Product Hunt. Together, these topics include over 19.3k products, making this a competitive space to launch in.
Who hunted Jasmine Energy?
Jasmine Energy was hunted by Michael Seibel. A “hunter” on Product Hunt is the community member who submits a product to the platform — uploading the images, the link, and tagging the makers behind it. Hunters typically write the first comment explaining why a product is worth attention, and their followers are notified the moment they post. Around 79% of featured launches on Product Hunt are self-hunted by their makers, but a well-known hunter still acts as a signal of quality to the rest of the community. See the full all-time top hunters leaderboard to discover who is shaping the Product Hunt ecosystem.
Want to see how Jasmine Energy stacked up against nearby launches in real time? Check out the live launch dashboard for upvote speed charts, proximity comparisons, and more analytics.
Michael Seibel