ABSTRACT This letter proposes a novel way to apportion real-time renewable generation outputs between diverse token holders, using a novel tranching mechanism. This novel tranching structure is proposed to better manage the unpredictability of renewable power delivery and also as a case study of the exotic new instruments that could be offered in decentralized electricity marketplaces. Under this framework, a wind farm directly sells claims on their future power output in the form of a digital token. The realized generation then offsets the token holders’ electricity consumption in near real-time. Two ways of structuring such forward delivery instruments are considered: a tranched system, where more senior token holders enjoy priority claims on available outputs, as compared against a pro-rata scheme, where the realized generation is equally apportioned between token holders. A notional market simulation is provided to explore how consumers may exploit the distinct power delivery profiles.