ONO 1A

"People power for Energy freedom"

ono will be the next and unique electricity sharing network, for P2P. As a key facilitator, enabler and digital pure player of the sharing market, ono enables participants to sell their energy surplus directly to neighbors or nearby businesses, ensuring fair, transparent, and solidarity-based transactions. Our platform not only enhances local energy resilience, but also creates value through community-based energy networks.

Is there a problem ? Why ono?

The energy crises we've seen over the last few years have hit all electricity consumers hard (especially households and businesses). The purchasing power of households, meanwhile, is greatly reduced by high electricity bills.

Constantly fluctuating electricity supply prices make it difficult for businesses (especially small and medium-sized enterprises) to implement economic expansion strategies and affect their competitiveness.   

Economic players are under increasing pressure to rationalise their energy consumption and reduce the impact of their activities on the environment. The ESG score has become an essential indicator for measuring the efforts made by economic players on environmental and social issues in particular.

Public authorities are also affected. What's more, the European Union is calling on them to set an example when it comes to energy, and to use their actions to inspire individuals and businesses to follow them down the road to energy transition.

With a view to achieving the energy transition in Europe, the European Union has adopted a legal framework that is giving rise to a series of emerging activities and new players on the electricity market.

Electricity sharing is one of these new activities. The European Union has conceived of power sharing as a way of giving power back to self-producers and consumers of electricity vis-à-vis the professional players in this market (suppliers among others), and of encouraging decentralised production and consumption of this electricity collectively and locally.

Electricity sharing can take different forms:

- peer-to-peer sharing

- intra-building sharing

- sharing within an energy community

No! Since 2019, almost 5 years later, the evidence is inconclusive. 20 in Flanders, 5 in Wallonie, 1000 participants in Brussels. Even though some fine initiatives have been springing up in Belgium, France and Spain in recent months. There are still many obstacles to overcome. Few people are taking the risk themselves.

- Cumbersome administrative procedures for regulators and DSOs;

- Lack of knowledge of how the electricity market works;

- a lack of knowledge or methods for invoicing electricity in compliance with the applicable standards;

- a lack of experience or skills in managing an electricity sharing business;

- a lack of knowledge of the legal and/or technical specificities of sharing activities as transposed in each country or region;

Next to that, if you are a "prosumer", and if you don't share your surplus of electricity production (most of the cases for now), it is reinjected via your usual supplier contract with no value for money. Most of the time, it will be at a variable price of under 6 cents per kwh (excl vat), till even a negative price forcing you to pay for the reinjection.

As of for the futur of the energy, the approached solutions are all in the direction of full flexible market with solutions as "real-time" prices or splitted contracts with multiple suppliers. Nothing that will help the end-user having a better view on his situation each month or each year.

We will offer a ones-top-shop solution to sell or buy electricity between neighbors, all together, to anyone is not an official professional of the energy domain.

ono creates a new standard on this emerging market, thanks to a new best price, fixed for the long-term, fostering a real win-win situation for both parties: the givers and the takers.

For each market, where ono will be active, we will study the entry price and fix it. It will always be defined between the gross market price (used for reinjection) and the private market price (fixed contract from suppliers). There will be always a "sharing" price where both parties will earn more than on the "real market". Ambition is to give stability and less stress to consumers thanks to sharing.

ono will propose to people to regroup them all city per city, zone per zone, region per region in order to start sharing via the best legal option, with the best rules of solidarity and circularity. Together stronger for the sharing opportunity.

To do so, as soon as in each location there will be enough people ready to share, we will accompany and ease the full creation process of sharing: legal consituation, capital raising, recruitment of participants...

By accompanying and managing the full preparation, ono will create its own label to represent everywhere in Europe the force of this electrical human network and the values behind it: transparency, solidarity, circularity and win-win pricing solution.

When the sharing is ready to start, ono will administrate the legal vehicules in the name of the communities to make sure participants can focus on the recruitment of the new takers and givers, as well as on the benefits from it.

To manage the redistribution in full transparency, circularity and efficiency, ono has developed its own algorithm with non-discrimination rules. We will continue to develop as API and digital services to exchange official results and data of the sharing with local regulators and distributors. This algorithm is on the procedure to get an official pattern.

By creating its revenue with commission on the sharing volume, ono will redistribute a portion of its revenue via the local sharing communities. It will organize yearly credits to crowdsourced regional, social or circular projects. By doing so, it wants to prove to participants that the energy can be again a source of social and economical strenghth for themselves.

Globally, ono wants, through the very important numbers who can participate (almost everyone in Europe), create new opportunities to fullfil its mission of maximising the independancy of people to volatility of energy prices.

Therefore we have plan a 5-years roadmap, with a 10-year growth plan, with very important complementary projects to solidify and empower this new energy sharing network created by the people for the people.

We recommand you the reading of the latest article from Europe regulator about the energy sharing: click here.

Yes, European regulator has created and voted a new legal framework in 2019 constraining the 27 countries to develop nationaly the energy sharing market: "The package, adopted in 2019, will help to decarbonise EU’s energy system in line with the European Green Deal objectives."

Thus, country by country, region by region, local regulators are, since then, translating and applying with local small differences the energy sharing. It is alreay fully possible in Belgium, in the 3 regions. As well as in France and in Spain. Based on that, our business model has been checked and confirmed by the expert law firm from Brussels, Janson office.

2/ What happens then with the supplier contract? 

Legally, any person consuming electricty has to have a contract with an official supplier to consumer "on the grid" (meaning on the network). The action of energy sharing comes on top of that contract. So everything remains the same. Anyone has to continue to have a contract with an official supplier. GRD (gestionnaire de réseau de distribution), public entity managing the real electric network, will officialise the quantity of eletricity exchange locally by people. Suppliers will be forced by GRD to reduce the bill of energy of all actors of the sharing based on the official numbers of kwh exchanged.

Not as such as for producers, aggregators or suppliers. On one hand, ono will be a digital service and social platforms that has to commit to all european and national legal rules about e-commerce and data privacy. On the other hand, it will be the expert of creating and managing correctly and with compliancies to the european and national regulations all the social and local sharing entities (community of energies of all kind, cooperatives...). But ono won't be neither a seller, neither a consumer, neither a supplier of electricity.