Dr. Vitaly Peretashenko presents Vendor Energy System, a solid-state parametric electrodynamic generator that operates without fuel, batteries, wind or solar — just physics. After a patient died during a blackout early in his medical career, Vitaly pivoted to energy research and concluded that the bottleneck isn't energy itself but architecture: centralised grids where any single line can break, causing cascading failures like the five-billion-euro Spain-Portugal blackout. Vendor's hardware has been tested for over 1,000 hours under heavy load (4+ kW) at TRL 5-6. The software layer adds decentralised control with a dual-token protocol (MECA-compliant) — one token for transaction processing and system operations, another for capacity allocation and physical access. The vision: install generators in homes and EVs that form a peer-to-peer energy network — if one node fails, the rest keep running. Within three to five years, a million mobile energy points across Europe could deliver 70-120 billion euros in annual structural savings for the EU. SPEAKERS • Dr. Vitaly Peretashenko — Founder, Vendor Energy System | Physicist & Doctor • Yaros — Host & Moderator unDavos — unconventional conversations at Davos. 200+ sessions across 12 tracks, bringing together founders, investors, policymakers and scientists for the discussions that matter.🔗 https://undavos.com📺 https://www.youtube.com/@undavos 🌐 undavos.com TRANSCRIPT Hey guys, it's a pleasure to be here and to start this amazing day here in Davos. I would like to introduce Mr. Vitaly Peretashenko to you. Mr. Vitaly is a lot of things. He's a doctor, he's a physicist, but he's not really a speaker. This is his very first experience on stage, so I would like everyone to give him a little patience and a little understanding. Thank you so much, Vitaly. Go Vitaly! Thank you. Thank you, Yaros. Tell us your story. Thank you, Yaros, and good morning everyone. I want to tell you about the future of energy and not about solar energy, wind energy, or nuclear energy. I want to tell you about a little story. When I was young, I was a doctor, and one day the patient died. His heart stopped, not because of disease, but because of blackout. After that, I started researching, and I realized that energy is not a bottleneck. Architecture is. In this slide, you see a snowflake, but this is a modern energy architecture structure. Each line in this structure can be broken. Next slide, please. In the next slide, you see four major blackouts in the last years. Spain and Portugal, one week, five billion Euros. Germany, one week and one billion Euros. Chile and the USA. The next slide, please. What if I tell you that your EV or your house could give you control and energy? Next slide, please. I would like to explain you Vendor Energy System. It contains two parts, two important parts. The software part is decentralized control layer, dual utility token structure, and full MECA compliance. Hardware part. Next slide, please. Software, decentralized control layer. It enables control, routing, access and audit. Next slide, please. Hardware part. This is our generator. This is a solid state parametric open electrodynamic power energy system. It sounds hard. I know, I know. But it's fully autonomic, without fuel, without batteries, without wind, solar, et cetera. Because it's not magic. Just only physics at all. Next slide, please. Two tokens, two functions. Token A, software token. This is a transaction processing, access gating, and system operating. Hardware token, priority eligibility to access capacity, allocation queue, and realization path into physical access. Token here is a protocol switch, not an assets. Why? Because it's MECA compliance requirements. Next slide, please. You know, computers work better as Internet. And generator works better as energy. ne