What's the utility of the $ENERGY token?
Sean Murray of @fuseenergy explains on @bitsandbips
https://t.co/9SSDq5hVSn
Energy Sector (Derivatives) ENERGY Histórico de Preços USD
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Fuse Energy just raised a $70M Series B at a $5B valuation, three years after founding.
The company was started in 2022 by former Revolut executives and is building a vertically integrated renewable energy business in the UK.
Fuse owns the full stack. From site development to power generation, trading and hardware. By cutting out intermediaries, their energy costs are lower than traditional suppliers.
That model is already operating at scale.
@fuseenergy now serves more than 200,000 UK households, generates roughly $400M in annual recurring revenue and is cash flow positive.
Right now power demand is rising at an unprecedented rate, driven by AI workloads, data centers and EV adoption. All while supply still remains constrained.
This funds a major expansion into home generation hardware and “The Energy Network,” which incentivizes off peak energy usage with the $ENERGY token.
Big congrats to their team and the @solana ecosystem!
Today we announce our $70M Series B, led by @lowercarbon and @balderton, bringing Fuse to a $5B valuation.
Time to go further. https://t.co/cgZHVTPw6i
2026 Roadmap:
Q1:
- Launch of The Energy Network.
- $ENERGY exchange listings.
- UK solar export tariffs.
Q2:
- Plug-and-Play Solar-Battery Kit: apartment-friendly kit enabling anyone to earn $ENERGY.
- Autopilot: our intelligent home energy operating system optimising consumption and earnings.
H2:
- Public EV charging in the Fuse app.
- Expansion to Ireland, US \u0026 Spain.
- Launch of non-domestic supply.
Long-term:
- Vertically integrated global energy supply infrastructure.
- 1 TW of clean energy deployed.
- Scaling Fuse supply and The Energy Network across Europe, the Americas, and Asia‑Pacific.
- The Energy Network becomes the world’s grid‑scaling layer, powered by $ENERGY.
