Rise of Distributed Generation & Storage
Creating Grid Complexity and Forcing Distribution Deregulation
Solar + Storage
Economics creating parity
PV solar costs are down 68% and Li-Ion Battery costs are down 88% since 2010.
TSLA below $0.10W/h in intermediate term
Creates 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
Aggregated demand resources, smart buildings, microgrids, and EV fleets could serve local demand with fewer constraints on a new distribution market.
CA+TX+NY Commercial & Industrial Customers are likely early adopters
Global Electricity Sales
US Electricity Sales
(likely first states to deregulate)
Rough Size of Commercial & Industrial Load in CA+NY+TX
Bid the distributed assets into the transmission markets
Paying customers to use less energy
During high demand, grid operators will call on large customers to reduce their loads.
Asking lots of small generators to act in concert
Using direct control (via the internet) of thermostats, water heaters, and other devices to create Virtual Power Plants.
Utilities Need a New Market Platform
Unlock Distributed Generation and Storage Flexibility
Combine Grid Balancing and Settlement
Balance load with generating units and confirm transactions.
Private blockchain ledger records communication, confirms power delivery, enforces dynamic grid constraints, and settles transactions.
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.
Utility owned infrastructure
Communication is conducted over a private mesh network, if the internet or phone lines go down, Omega Grid continues to operate. Asset owners participate based on their availability and can be deactivated if not responding to orders.
Local Distribution Company
Dynamic market with overrides
New local buyers with fewer constraints
New local generation sources
Omega Grid is a market platform connecting local electricity sellers & buyers
Omega Grid Revenue
Learn more about our experienced team
4422 N Ravenswood
Chicago, IL 60640