Ormera: Portal for energy billing via blockchain

Together with PostFinance, Energie Wasser Bern founded Ormera AG in the fall of 2019. The start-up offers a simple and clear platform for measuring and billing self-produced energy.

Postfinance startup now settles electricity via blockchain (Image: Postfinance)

With Ormera, Energie Wasser Bern and PostFinance are responding to the trend that more and more renewable electricity is being generated in decentralized production facilities and consumed directly on site. The new energy law that came into force in 2018 enables homeowners to "combine for self-consumption" (ZEV). This allows them, for example, to sell the self-produced solar power from their own roof directly to the residents of their property.

Transparent, efficient and secure

The option of ZEV is now widely used. However, the associated processes are costly and complex. That's why Ormera now offers a platform for energy suppliers, energy service providers, homeowners and property managers that handles electricity billing for them fully automatically, transparently and securely. It links intelligent electricity meters - so-called smart meters - as components of the Internet-of-Things with the blockchain.

There, the electricity production and consumption data is stored, processed for automatic billing and used for invoicing. The blockchain technology used for this purpose provides the ideal basis for storing and processing data in a transparent, trustworthy and secure manner. This is because data cannot be retroactively changed in the blockchain and transactions can be securely verified. This means that it even meets the high security requirements of banks.

From innovation project to startup

PostFinance and Energie Wasser Bern jointly developed the idea of smart energy billing via a blockchain as part of an innovation project. After a successful pilot phase in the fall of 2018, the platform was launched in May of this year with various partners, including the energy service providers Eniwa AG, Società Elettrica Sopracenerina SA (SES) and IB Langenthal AG.

Ormera is also working with technology partner ABB to further simplify the direct connection of measurement data and the blockchain. Since September 2019, Ormera AG, founded by PostFinance and Energie Wasser Bern, has been operating as its own start-up. (Source: ewb)

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