THE ALPHA TEST

BENEFITS OF SYNERGY

Consumers

Fuss-free experience

A user-friendly interface to facilitate buying and tracking of real-time energy consumption and supply.

 

Wider geographical reach and diversification

Connect to producers islandwide via the main grid to maximise geographical reach and diversification.

Producers

Flexible market mechanism

Access to a flexible market mechanism;

find and manage contracts with consumers without breaking a sweat.

 

Maximised earnings

Maximise your earnings of renewable energy to consumers through our matching algorithm.

 

Price stability

Fixed price contracts offer price stability.

WHY SYNERGY

Consumers

Greater Energy Selection at Fairer Prices

 

With Synergy, consumers can purchase power directly from small-scale solar power producers, eliminating the middlemen and reducing energy costs for everyone.

Producers

The Best Returns on Your Solar Panels

 

Turn excess energy generated into a stable revenue. For the first time ever, producers who own rooftop solar panels can sell energy to anyone—friends, neighbours, even strangers—across a city-wide grid.

HOW SYNERGY WORKS

Through our proprietary matching algorithm, Synergy will create producer-consumer matches in real-time to ensure all produced solar energy will be fully utilised. By doing so, producers are given supply certainty, which in turn encourages fair prices for solar power for consumers.

Priority Matching (Tier 1)

  • Unique 1:1 matching between consumers and producers. The producer’s output is allocated to a designated consumer under the agreed contract parameters.

Pool Matching (Tier 2)

  • Excess production and unmet consumption will be matched on a period-by-period basis based on price only; Tier 1 contracts will not be affected by Tier 2 matching.

FAQ

KEEN TO JOIN SYNERGY BETA?

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