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  • 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

    Considered inevitable

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

  • Electric Market

    CA+TX+NY Commercial & Industrial Customers are likely early adopters

    $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

  • Existing

    Grid Management

    Tools

    Bid the distributed assets into the transmission markets

    Demand Response

    Paying customers to use less energy

    During high demand, grid operators will call on large customers to reduce their loads.

    How the virtual power plant works

    Aggregation

    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.

    Private Mesh

    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.

  • Market Benefits

    Local Distribution Company

    Dynamic market with overrides

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

    Local Generator

    New local buyers with fewer constraints

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

    Energy User

    New local generation sources

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

    Omega Grid is a 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

    Customer Segments

    • Transmission System Operators
    • Distribution System Operators
    • Microgrids
    • Community Solar
    • Commercial & Industrial Generators (likely early adopters) 
  • Learn more about our experienced team

    Meet the Team
  • Contact Us

    Killian Tobin
    4918 N Hamilton
    Chicago IL 60625
    +1.773.294.4606
    +1.773.294.4606
    info@omegagrid.com
    Submit

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Chicago, IL 60640

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