1997
  • A community of forward-thinking utilities forms The Energy Authority (TEA) to compete in the energy industry.

  • A period of growth and evolution as millions of wholesale energy transactions are executed and complex projects are successfully completed. As a result, TEA emerged as a unique entity with unparalleled market experience and technical expertise. One notable success includes the development of a software application which lead to TEA being named a finalist for the Franz Edelman Award for Achievement in Operations Research and the Management Sciences for The Energy Authority Optimizes Water Routing and Hydroelectric Generation on the Columbia River.

  • TEA employees created internal blockchain application leading to North America’s first working prototype. Seeing the potential to transform the wholesale energy market, Candor is developed for external use.

  • With the initial prototype nearing completion, Founding Level participation in The Candor Community and access to Candor’s first pilot become a reality.