What is Bess Coin?
The BESS Token was launched to finance BESS Kraftwerke. From 200 euros, the participant buys 200 tokens; this corresponds to one slice of a BESS power plant, in a ratio of 1 to 1.
Each BESS token is backed by currently 6.6 kWh of electricity produced. The tokens will initially be offered in Germany and later on the European reserve power market.
BESS Power Plants is able to provide (Performance) and deliver (Work) the high quality “secondary control energy”, and the subsequent “minutes also tertiary control energy”.
The continuous expansion of BESS power plants will ensure the stability and value of the BESS token at the same time.
BESS power plants are insured from the day of commissioning, with a German industrial insurer “All in One”, including operation failure.
In Europe, the electricity market is liberalized, BESS power plants are certified, relieve the power grids and thus have free network access. Existing locations are network junctions – distribution network operators, industrial – purchasing centers.