Solar + Storage
Economics creating parity
PV solar costs are down 68% and Li-Ion Battery costs are down 88% since 2010.
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.
Demand Response
Paying customers to use less energy
During high demand, grid operators will call on large customers to reduce their loads.
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.
Special Tariffs
Trying to fix a price on a moving target
Load and generation profiles change based on new resources and grid configurations. How can rate design accommodate all the new flexibility?
Utilities Can Establish a New Market Platform
Unlock Distributed Generation, Storage Flexibility, and Enable New Revenue Streams
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 Utility
Dynamic market with overrides
- Transaction fees from platform market participants
- More resilient and reliable grid metrics
- Enabling new value streams for your customers
Local Generator
New local buyers with fewer constraints
- Fees for excess generation sold on the grid
- Ability to secure less constrained revenue for generation and storage assets
Energy User
New local generation sources
- Access to local electricity below wholesale pricing and without transmission charges
- Option to participate in local load reduction programs
- Option to secure electricity from local generators during outages
Learn more about our experienced team
