@parthovppx

Incredible to see how strong the OpenVPP network is becoming. What a journey to say the least. 500 MWHs onchain. 450 Metric tons of CO2 offset. $30M in tokenized EVs as RWAs. This is just the beginning. 🌐 $OVPP x $USDC x $USDE https://t.co/jn5udiWJIN

Last year, the world added ~511 GW of solar but only ~106 GW of energy storage. That’s a massive gap in dispatchability. Globally, energy storage still isn’t keeping up with solar and not to mention crude oil prices remaining elevated, trading around $70 to $90 per barrel, driving persistently high and volatile fossil power costs, often reaching $110 to $200+/MWh depending on fuel markets. Solar is now roughly $30 to $90/MWh globally and solar paired with storage is already in the $50 to $130/MWh range and falling fast. Storage is also scaling fast, +43% YoY, but most deployments are still utility scale, not paired with distributed solar where it matters for flexibility. If we want real grid value, we need higher storage attach rates, export enabled markets, and aggregation. That’s how we turn global solar into virtual power plants. $OVPP The Internet of Energy.

The Energy Mafia is Cooking … $OVPP is Tokenizing AI & Data Centers. https://t.co/axRNJ56809

OVPP Energy Payment Rails 101: Legacy rails: Settlement takes 30–180 days. example: you send excess solar to the grid → best case, you see a bill credit in ~30 days; worst case, you’re effectively paid months later (sometimes via indirect incentives like amazon gift cards). --> slow, opaque, and not built for real-time grids to bring on AI & Data Centers. What’s changing: OpenVPP is building a tokenization layer + standard for DERs (distributed energy resources) solar, batteries, EVs, thermostats, meters via ERC-1155. time series data from energy devices are stored within each CA of each unique device within OVPPscan <--> Basecan. RWA: EV #384 https://t.co/nXFhlNWeyC -->this means devices can be represented as fungible, non-fungible, or semi-fungible tokens within a single, efficient smart contract. What this unlocks: We bring these assets onchain → https://t.co/9gFIa46tMD Now devices can be settled instantly for participating in: • local smart grid events. • global Open Virtual Power Plant (OVPP) events. Why it matters: We need faster settlement to incentivize real grid participation. flexible capacity (batteries, storage, EV fleets, data centers, even mining ops) only shows up when economics make sense. there’s no AI without energy. and there’s no scalable energy coordination without fast, secure, decentralized payment rails. $OVPP The Internet of Energy on @base.

$OVPP x @GridRailsAi Today: 500 MWHs delivered onchain. $25M+ of EVs as Tokenized RWAs. Past: Back in 2018, Michael Grasso was Chris and my boss at Sunrun where we commercialized the first home battery, built the first set of customer sided VPPs and piloted Transactive Energy. Future: GridRails AI will be commercializing the OpenVPP platform to the world. 🌐 https://t.co/ljPa2m5rM4