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  • Omega Grid, the blockchain energy platform for distribution utilities

    Peer to Peer Energy Platform

    Grid balancing and market settlement for electric utilities

    Four Trillion Dollar Electricity Market
  • The Problem

    Distributed energy assets are participating on the transmission markets

    Solar + Storage

    Economics are at parity in many regions

    PV solar costs are down 68% and Li-Ion Battery costs are down 88% since 2010.

    Creating Grid Complexity

    Growth of small scale generators and aggregated resources

    These new decentralized participants, bidding into the wholesale markets are necessarily being constrained by distribution grid planning requirements.

    Forcing Distribution Deregulation

    Now considered inevitable

    Aggregated demand resources, smart buildings, microgrids, and EV fleets could serve local demand with fewer constraints on a new distribution market.

  • Solution

    Enable Distribution Utilities to Balance the Grid & Settle Peer to Peer Transactions

    Blockchain Grid Balancing and Settlement

    Balance load with generating units and confirm transactions.

    Our private blockchain ledger records communication, confirms power delivery, enforces dynamic grid constraints, and settles transactions.

    Resilient Edge Architecture

    Decentralized and Distributed, just like your grid

    With no single point of failure, our system enables smart islanding, operation without centralized communication, and secure control room overrides.

    Does not depend on phone and internet channels

    Utility owned private mesh

    Communication is conducted over a private mesh network. Omega Grid will continue to operate if internet or phone lines go down. Asset owners participate based on their availability and can be deactivated if not responding to orders.

  • Electric Market

    Expect the first customer segment will be C&I customers currently constrained from participation in transmission markets

    $4T

    Global Electricity Sales

    $391B

    US Electricity Sales

    $82B

    CA+NY+TX Sales

    (likely first states to deregulate)

    $60B

    Rough Size of Commercial & Industrial Load in CA+NY+TX

  • Competition

    Most use a public blockchain, only handle financial transactions, and are not grid aware.

  • Competitive Advantage

    Utility Centric Market Platform 

    Secure Private Standards

    We are using open source technology to create a private utility blockchain

    The utility grid should not depend on the public internet. Other approaches leverage public channels for communication creating failure and attack vectors.

    Resilient and Reliable

    No single point of failure

    Omega Grid can enable smart islanding, local markets, and the identification of critical loads for emergency load shifting.

    Utility Experience

    Complementary to existing meter to cash processes

    We understand importance the Transmission Markets and Local Distribution Company Meter to Cash processes. Omega Grid will provide billing determinates to legacy systems rather than replace existing technology.

  • Business Model

    Omega Grid is a multi-sided market platform connecting local electricity sellers & buyers

    Omega Grid Revenue

    • License and configuration fees from Local Distribution Companies
    • Portion of transaction fees from platform market participants
    • Hardware partner licensing fees
    • Potential to provide market liquidity

    Local Distribution Company Benefits

    • Transaction fees from platform market participants
    • More resilient and reliable grid metrics

     

    Generator Benefits

    • Fees for excess generation sold on the platform
    • Ability to secure less constrained revenue for generation and storage assets

    Customer Benefits

    • Access to local electricity below wholesale pricing
    • Option to participate in local load reduction programs
    • Option to secure electricity from local generators during outages
  • Learn More

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4422 N Ravenswood

Chicago, IL 60640

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info@omegagrid.com

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