Contribute to VLUX
Register your interest to participate in our pre-sale / whitelist.
VLUX ITO Pre-sale Ends In:
Register your interest to participate in our pre-sale / whitelist.
By combining deep learning AI with blockchain, our goal is to improve access to affordable, low carbon energy by enabling peers to trade energy between one another via the Verv energy trading platform.
The AI-based smart hub, Verv, which can obtain a comprehensive and real-time overview of the electricity consumption of a home, forms the basis of the p2p framework. By combining this with blockchain technology, our aim is to provide a secure and transparent ledger through which energy can be traded on a p2p basis.
Crucially, the specialised AI used in our Verv smart hub provides us with the opportunity to add a unique layer of intelligence to the trading process. With an ability to predict the supply and demand of energy of a home, our intention is to ensure trading is done at optimal times in advance, reducing costs and prioritising green energy consumption.
As electricity costs continue to rise, we want people with renewable energy sources to be able to sell excess power directly to their neighbours at an affordable cost. We intend to make this possible by using AI forecasts on consumption determined by the Verv hub to trade energy at optimised times.
The industry is seeing a significant increase in the uptake of microgeneration which can be attributed to more affordable pricing. Whilst the trading platform can incentivise consumers to invest in renewable technology, crucially, it provides those without the means to purchase the technology an opportunity to consume green energy at an affordable price directly from their peers.
We believe the Energy industry should not be exempt from the prosumer-led economy. Empowering energy consumers to become prosumers by generating, storing and selling their own energy is very much at the core of our mission as we aim to make the current centralised framework more flexible.
By combining IoT with blockchain, the scope of the connected home could extend far beyond its current state, instead connecting homes and cities to one another. By embedding energy consumers and prosumers into the same IoT network via Verv’s AI-based hub, the aim is to create a scalable energy trading network that is both secure and efficient.
The Verv team are spearheading a number of exciting projects in the p2p energy trading space with the support from multiple government grants and are helping to inform UK regulatory board Ofgem around p2p regulation using the results from its pioneering projects.
In February 2018 we began implementing the UK’s first blockchain-based p2p energy trading community on social housing at Hackney’s Banister House Solar. The field-trial, delivered in collaboration with Repowering London, is forecast to be the first time energy is physically traded in the UK through the Verv platform. The aim is to provide cheaper energy to the community's residents and in turn inform further roll-out across the UK and in turn Europe with a focus on social housing.
Having begun collecting data in early 2017, we began to simulate the Verv p2p solution across the UK in October 2017 using this data. Supported by Innovate UK’s Energy Entrepreneur’s fund, the Verv p2p framework and its AI-based predictions around energy consumption have been developed. These predictions are also being designed to take into account AI prognosis around cloud cover and opacity, using satellite data to anticipate when renewable energy like solar PV will be maximised.
Country Name
Country Name
Country Name
Country Name
Country Name
Country Name
Country Name
Country Name
Country Name
At Green Running, maintaining the privacy of your data is of utmost importance to us. Keeping your confidential data secure and in your control is central to how we run our business. We will only share it with others if we have you explicit permission, or if we have anonymised or aggregated it such that your information is not personally identifiable.
This policy outlines the data we collect, how we use it and your rights. If you have any questions feel free to contact us at info@greenrunning.com.
How we’ll protect and use information about you
This section outlines how we use the information we collect about you in your dealings with us.
We’ll meet the standards set out in the Data Protection Act whether or not you become a customer.
We collect information about you in a few different ways; you might give it to us, we might collect it through our dealings with you, or it might be collected from the Verv hub, mobile app or our website(s).
We might also get it from companies that offer databases of information.
If we significantly change the information we ask for, or the way we use it, we will let you know.
How we can use your information
We can use your information to do the following:
Give you the services you’ve asked for Offer you services, accounts and products
We may use an automated scoring system to help us choose what to offer you. That system will use information from credit-reference agencies and other companies.
We may use this information to do the following:
Contact you for feedback on how we can improve the way we manage your account and provide you with services. Perform analysis, create statistics and test computer systems. The information and analysis can include your household members, your lifestyle and your income. It can also include the way you use energy. We can use our analysis to create profiles and marketing opportunities. Help prevent and detect fraud, debt and loss. Help us keep you, your family and your household safe, healthy and secure. Help us train our staff. Contact you in any way about products and services we (and our selected partners) are offering. This can include by email, phone and text message, as well as any other form of electronic communication (such as through the Verv app on your mobile device). It can also include visiting you. We can record and monitor any of your communications with us, including telephone conversations and emails, to make sure we’re giving you a good service and meeting our regulatory and legal responsibilities. If we contact you to tell you about offers, when possible we’ll do it the way you’ve told us you’d prefer to get marketing information. If you no longer have an account with us, or if you don’t use our products any more, we can still keep your information. We can then contact you to tell you about offers, from us and other companies, that might interest you. You can ask us not to tell you about offers whenever you like. Just get in touch with us and give us your account details.
Sharing your information with other organisations
We can let other people and organisations use our information about you. We and those other people and organisations can use information about you for the following purposes:
To provide services you’ve asked for. This can mean giving information to members of your family or household. It could also mean giving information to anyone acting on your behalf, other people who might be interested, or those who introduced you to Verv (such as a landlord or letting agent). As part of the process of selling one or more of our businesses. To help prevent and detect debt, fraud or loss. This can include giving information about you to a credit reference agency. To transfer some or all of a debt you have to another organisation. To take part in any data-sharing initiatives run by the Government, regulators or the industry (for example, initiatives meant to reduce fuel poverty, where people can’t afford to pay for electricity, or those to help groups of vulnerable customers). To provide information for legal or regulatory purposes (for example, if Ofgem, another regulator or a lawyer asks for it). In any current or future legal action.
Some of our work may be carried out outside the European Economic Area (EEA), and so might the organisations or people we share your information with. Therefore your information could be moved to countries that don’t have the UK’s standards or protection for personal information. If that happens, we’ll make sure there are adequate safeguards. We will still collect, store and use your personal information the way we have explained in this policy.
Information you give us about other people
If you give us information on behalf of someone else, you confirm you’ve given them the information in this policy document, you also confirm that they’ve given permission for us to use their personal information as described here.
If you give us sensitive information about yourself or other people, you agree we can use that information as we’ve described in this contract. That sensitive information could include, for example, health details or details of household members’ criminal convictions.
If you give us sensitive information about someone else, you confirm that they have agreed we can use the information as we’ve described in this contract.
VLUX logo are trademarks of Green Running Ltd. Registered in England No. 07179872. The registered office of Green Running Ltd. is: Carpenter House Innovation Centre, Broad Quay, Bath, BA1 1UD.
How you can see the information we have about you
You’re entitled to a copy of the information we hold about you, and to ask us to correct any inaccurate information.
We can charge you a small fee for providing a copy of the information we hold. For more information, please contact our Privacy Team by writing to them at: Carpenter House Innovation Centre, Broad Quay, Bath, BA1 1UD
At Green Running, maintaining the privacy of your data is of utmost importance to us. Keeping your confidential data secure and in your control is central to how we run our business. We will only share it with others if we have you explicit permission, or if we have anonymised or aggregated it such that your information is not personally identifiable.
This policy outlines the data we collect, how we use it and your rights. If you have any questions feel free to contact us at info@verv.energy.
<strong>How we’ll protect and use information about you</strong>
This section outlines how we use the information we collect about you in your dealings with us.
We’ll meet the standards set out in the Data Protection Act whether or not you become a customer.
We collect information about you in a few different ways; you might give it to us, we might collect it through our dealings with you, or it might be collected from the Verv hub, mobile app or our website(s).
We might also get it from companies that offer databases of information.
If we significantly change the information we ask for, or the way we use it, we will let you know.
<strong>How we can use your information</strong>
We can use your information to do the following:
<ul>
<li>Give you the services you’ve asked for</li>
<li>Offer you services, accounts and products</li>
</ul>
We may use an automated scoring system to help us choose what to offer you. That system will use information from credit-reference agencies and other companies.
We may use this information to do the following:
<ul>
<li>Contact you for feedback on how we can improve the way we manage your account and provide you with services.</li>
<li>Perform analysis, create statistics and test computer systems. The information and analysis can include your household members, your lifestyle and your income. It can also include the way you use energy.</li>
<li>We can use our analysis to create profiles and marketing opportunities.</li>
<li>Help prevent and detect fraud, debt and loss.</li>
<li>Help us keep you, your family and your household safe, healthy and secure.</li>
<li>Help us train our staff.</li>
<li>Contact you in any way about products and services we (and our selected partners) are offering. This can include by email, phone and text message, as well as any other form of electronic communication (such as through the Verv app on your mobile device). It can also include visiting you.</li>
<li>We can record and monitor any of your communications with us, including telephone conversations and emails, to make sure we’re giving you a good service and meeting our regulatory and legal responsibilities.</li>
<li>If we contact you to tell you about offers, when possible we’ll do it the way you’ve told us you’d prefer to get marketing information.</li>
<li>If you no longer have an account with us, or if you don’t use our products any more, we can still keep your information.</li>
<li>We can then contact you to tell you about offers, from us and other companies, that might interest you.</li>
<li>You can ask us not to tell you about offers whenever you like. Just get in touch with us and give us your account details.</li>
</ul>
<strong>Sharing your information with other organisations</strong>
We can let other people and organisations use our information about you. We and those other people and organisations can use information about you for the following purposes:
<ul>
<li>To provide services you’ve asked for. This can mean giving information to members of your family or household.</li>
<li>It could also mean giving information to anyone acting on your behalf, other people who might be interested, or those who introduced you to Verv (such as a landlord or letting agent).</li>
<li>As part of the process of selling one or more of our businesses.</li>
<li>To help prevent and detect debt, fraud or loss. This can include giving information about you to a credit reference agency.</li>
<li>To transfer some or all of a debt you have to another organisation.</li>
<li>To take part in any data-sharing initiatives run by the Government, regulators or the industry (for example, initiatives meant to reduce fuel poverty, where people can’t afford to pay for electricity, or those to help groups of vulnerable customers).</li>
<li>To provide information for legal or regulatory purposes (for example, if Ofgem, another regulator or a lawyer asks for it).</li>
<li>In any current or future legal action.</li>
</ul>
Some of our work may be carried out outside the European Economic Area (EEA), and so might the organisations or people we share your information with. Therefore your information could be moved to countries that don’t have the UK’s standards or protection for personal information. If that happens, we’ll make sure there are adequate safeguards. We will still collect, store and use your personal information the way we have explained in this policy.
<strong>Information you give us about other people</strong>
If you give us information on behalf of someone else, you confirm you’ve given them the information in this policy document, you also confirm that they’ve given permission for us to use their personal information as described here.
If you give us sensitive information about yourself or other people, you agree we can use that information as we’ve described in this contract. That sensitive information could include, for example, health details or details of household members’ criminal convictions.
If you give us sensitive information about someone else, you confirm that they have agreed we can use the information as we’ve described in this contract.
Verv and the Verv logo are trademarks of Green Running Ltd. Registered in England No. 07179872. The registered office of Green Running Ltd. is: Carpenter House Innovation Centre, Broad Quay, Bath, BA1 1UD.
<strong>How you can see the information we have about you</strong>
You’re entitled to a copy of the information we hold about you, and to ask us to correct any inaccurate information.
We can charge you a small fee for providing a copy of the information we hold. For more information, please contact our Privacy Team by writing to them at:
Carpenter House Innovation Centre
Broad Quay
Bath
BA1 1UD
We've detected you are browsing from
If you are interested in the private pre-sale, we are looking at whether you can participate on a case-by-case
basis in order to ensure we comply with the regulations in your region.
You can find out more about VLUX on this website and if you’re interested in participating in the private pre-sale, join the Telegram group to find out
whether you are eligible.
I confirm I am an accredited investor and want to proceed to the full VLUX website containing the whitepaper
I AgreeWe'll keep you posted on our latest news and developments
Join the Telegram 
