Global demand for electricity is exploding – and supply is in need of innovation to keep it going.
In 2024 alone, electricity use jumped 4.3% – more than double the average of the last decade. EVs, AI, and data centers especially are quickly starting to eat a bigger piece of the power pie.
But what the hell does that have to do with crypto?
Well, Fuse Energy is an established, fast-scaling energy company, already building for this future – and now they’re turning to crypto to take it even further.
They’ve also just raised another $70 million in funding, at an impressive $5 billion valuation.
Led by global investors Balderton Capital and Lowercarbon Capital, Fuse Energy will use the fresh funds to fast-track innovative new products, including the launch of The Energy Network, recently released in beta.
What’s even more interesting is that every existing backer along with investors (including Revolut Founder Nik Storonsky’s QuantumLight), participated in their most recent Series B funding round.
Fuse Energy hasn’t come to crypto for clout or a quick money-grab.
They came because the global energy system is cracking under pressure.
Their main aim is to make energy programmable with The Energy Network. This project is aimed at solving the issue of network congestion on the grid, which results in volatile energy pricing, instability, and long delays for construction projects.
Main Risk Warning: Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take two minutes to learn more: https://www.fuseenergy.com/legal/rewards-notice-uk
This Financial Promotion has been approved by: Zeyro Ltd, on 12/12/2025.
The Future’s Energy Problem
The power grid can’t keep up with modern demand.
AI and data centres are well on track towards consuming 3–4% of global power by 2030.
EVs have hit 20% of new car sales – almost exponential growth that you can see visualized here:
According to the International Energy Agency (IEA), we’re in need of about 80 million kilometres of new power lines around the world.
And that's on top of replacing the aging infrastructure that we have already.
The worst part is that each major grid upgrade can take 10–15 years to plan and permit. That’s way too much lag to deal with as demand grows.
In the meantime, households are already paying for the strain.
In the UK, for example, about 23% of the average energy bill is now just network charges.
We’re Wasting Energy We Already Produce
At the same time, the world has wasted over $70B in renewable power since 2020, all because the grid can’t make proper use of it.
… is this the amazing future we all envisioned?
One where our energy production increases with demand, but hits a brick wall because it can’t be properly distributed when it’s needed?
The chart below shows why this matters.
There’s a clear relationship between energy consumption per person and economic output. As societies consume more energy, GDP per capita rises almost in lockstep.
In other words: Energy isn’t just power, it’s prosperity.
And that’s exactly what Fuse Energy is building with The Energy Network.
Everyone wants electricity at 6pm. Nobody wants it at 2am. Cables choke, prices spike, and old-school fossil fuel plants fire up to prevent outages.
To meet future needs, we’d have to build the equivalent of the entire US power grid every year for a decade.
Fuse Energy’s founders (both early senior leaders at Revolut) saw all of this, and decided the industry had lost the urgency it direly needed.
So they flipped the script – instead of spending hundreds of billions building a bigger grid, they’re making the one we already have smarter.
Fuse Energy Is Already Real, And It’s Regulated For Energy Supply.
Fuse Energy just landed something almost unheard of in crypto: an official SEC No-Action Letter for its $ENERGY token.
In a nutshell, it confirms that the SEC is comfortable with how Fuse Energy plans to launch and use the token (in the US, at least – this doesn’t imply FCA approval or UK regulatory status for the token).
On top of that, it’s already an actual regulated UK energy supplier (that’s regulated for its energy-supply activities, not for crypto-related activities) – powering over 200,000 households, operating real solar and wind farms, and generating more than $400 million in annual recurring revenue (ARR, but not like a pirate!).
Yeah, you read that right.
A nine-figure, operational, revenue-generating company with real infrastructure and real customers is launching a crypto-powered energy network.
Let’s not beat around the bush… This is a large, real-world company launching a DePIN token.
Here’s why that matters:
Fuse’s Growth Curve So Far
Fuse Energy hasn’t just been growing – it’s been doing it at a rapid pace.
In only six months, they’ve 4x’d their customer base and now power more than 200,000 households.
That’s 200k+ real users, and they’ve pushed their annual revenue past $400M.
Why? Because as we said at the top of this article: Fuse Energy isn’t vaporware – it’s a tangible technology stack, with real effects, available in the present day.
The Energy Network coordinates hardware in people’s homes to use more electricity when it's plentiful and cheap.
This means less energy is consumed during peak times – preventing price spikes, relieving congestion, and increasing capacity without building new power plants or cables.
Check out how they flatten the curve of hourly energy consumption:
And they’re not doing it by leaning on other companies.
Fuse Energy is fully vertically integrated – that means they handle everything themselves:
- Renewable power generation
- Retail supply
- Hardware installs
- Trading
- R&D
Fuse Energy already runs the power needs of a small town – and what they’ve got coming could light up an entire city.
Team & Investors
If the biz numbers weren’t enough to raise your eyebrow, check out the backing and team they’ve got.
Fuse Energy has raised $170M+ from some very strong names in climate and crypto:
Lowercarbon, Balderton, Lakestar, Accel, Creandum, Ribbit, Multicoin, and even Anatoly Yakovenko.
The Fuse Energy team includes operators and engineers from places like Meta, Tesla, SpaceX, Citadel, and Jump.
This team is led by CEO Alan Chang – one of Revolut’s earliest employees, who later ran the whole revenue side of the company.
He built Revolut Premium and Metal, expanded Revolut across three continents, and helped pull in more than $1.7B in funding.
Let’s put it this way: they’re not exactly rookies.
Fuse Energy isn’t a cute Web3 experiment. It’s a real-life energy company scaling at speed.
It’s also fully licensed in the UK as an electricity and gas supplier – they passed the regulatory stress tests that usually shut down most new companies.
If you’ve been waiting for a DePIN project with real-world credibility – like actual revenue, genuine infrastructure, compliance in its sector, and real scale…
Fuse Energy might be what you’re looking for.
The Energy Network – A Crypto-Powered Fix for the Grid
The Energy Network is Fuse Energy’s decentralized coordination layer, powered by the $ENERGY token on Solana.
Its whole job is simple:
Get devices using electricity when renewables are cheap and plenty – and use less or store energy when the grid’s under pressure.
Here’s how it works:
- Register: Connect your home or existing EV chargers, solar panels, and batteries in the Fuse Energy app. No proprietary hardware required.
- Shift: Move energy usage to off-peak hours, manually or automatically and earn $ENERGY tokens (Rewards are subject to program terms and eligibility requirements, and are not guaranteed. Token value may fluctuate materially).’
- Earn: Rewards in $ENERGY are tied to the real economic value actions create. Reward emissions decay over time to favour early adopters.
- Burn: Burn those tokens to unlock discounts on EV chargers, home batteries and rooftop solar (burn = permanently reducing the supply, btw!).
It’s all designed to scale clean energy in the real world, efficiently.
Risks & Limitations
With all that said, let’s just touch on some legal disclaimer stuff:
• Token value volatility: The $ENERGY token may fluctuate significantly and can go to zero.
• Liquidity/market risk: Markets may be illiquid or inaccessible, due to a bunch of market factors.
• Execution/adoption risk: The Energy Network’s effectiveness depends on its uptake by users and partners.
• Regulatory/legal/tax risk: Rules vary by region and may change.
• No guaranteed returns: Participation in the program or Network does not guarantee financial benefit.
Why This Matters
Fuse Energy is a nine-figure company with hundreds of thousands of customers, actual infrastructure, real regulation, and a token with authentic economic value.
Fuse Energy isn’t “entering crypto”.
It’s applying crypto to a real world business – and using it to fix the largest industrial system on Earth.
It’s the power grid, reimagined at startup speed…
*This Financial Promotion has been approved by Zeyro Ltd on 12/12/2025.