World Energy Solutions, Inc. is an energy and environmental commodities brokerage company that has developed online auction platforms, the World Energy Exchange and the World Green Exchange. On the World Energy Exchange, energy consumers in the United States are able to negotiate for the purchase or sale of electricity and other energy resources from energy suppliers, which have agreed to participate on its auction platform in a given auction. On the World Green Exchange, buyers and sellers negotiate for the purchase or sale of environmental commodities, such as Renewable Energy Certificates, Verified Emissions Reductions and Certified Emissions Reductions. The Company?s Customers using its auction platform to procure energy and environmental commodities include government agencies, commercial and industrial energy consumers, utilities, municipal utilities, environmental commodity project owners, financial institutions and brokers. On June 1, 2007, it acquired EnergyGateway, LLC.(Source: 10-K)
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