Unergy
  • β˜€οΈIntroduction
    • Abstract
    • Motivation
  • πŸ”ƒProtocol
    • Introduction
    • The uWatt: A stable currency collateralized in clean energy
      • uWatt reference value
    • Project origination
      • pWatt tokens
      • Project milestones
    • The Swap
      • Swapping pWatts into uWatts
      • External pWatt holders
      • Swap factor
      • pWatts β€˜outside’ the Reserve
    • Energy tokenization and generation tracking
      • Tracking of energy monetization
      • Renewable Energy Certificates (RECs)
    • Management of funds in the Reserve
      • Collecting project income
      • Operation and maintenance expenses
      • Liquidity pool funding
      • Depreciation compensation
        • Asset value calculation
        • Asset depreciation compensation
        • Avoiding overcompensation
      • Distribution of rewards
  • πŸ—³οΈGovernance
    • Overview
    • Choosing the cash flow discount rates
    • Protocol upgrades
    • Milestone validation
  • πŸ’‘Remarks
    • Types of projects
      • Self-consumption projects
      • Utility-scale solar energy Projects
    • Nature of the Unergy Protocol tokens
      • Nature of the uWatt token
      • Nature of the pWatt tokens
    • Incentives for funding Projects
  • πŸš’Risks and mitigation
    • Origination risks
      • Delays in the construction or procurement phase
      • Failure to install the Project
    • Real-world funds management
    • Project qualification
      • Technical feasibility
      • Financial feasibility
    • Installer qualification
  • πŸ““Miscellaneous
    • Protocol implementation
    • Definitions and terminology
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  1. Risks and mitigation

Origination risks

pWatt buyers provide early liquidity that allows the Project to be constructed. In most of the cases, the Project installation will flow smoothly and the uWatts are generated within the expected times and without having any major unforeseen event. However, some situations could arise in the process of originating a Project that could represent a risk for the pWatt buyers. Here the main ones are presented, and, if applicable, what actions are taken from the Protocol side in order to handle them.

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Last updated 1 year ago

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