GMP unveils new “name your price” app for renewable power – Vermont Business Magazine

A new pilot program will allow Vermont businesses to buy as much renewable power as they need at the price they set. Sort of like ‘Priceline,” but you’re buying electricity, not travel tickets. And of course, the energy seller must agree to your price, or else – no deal!

“The Vermont Green trading platform is hosted by GMP and transactions are tracked using blockchain technology, making the buying and selling process transparent and the verification of Vermont Green energy attributes simple. GMP worked with software company L03 to develop the cloud-based marketplace to connect local energy sellers and buyers. This pilot program was just filed with state regulators, and participants will be able to enroll starting Monday, Dec. 2. It is limited to 50 businesses to start.

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