“World’s First Decentralised Energy Exchange is Open for Business”

October 29, 2018 10:12 am Published by Leave your thoughts

Melbourne, 25 October 2018 – GreenSync has today announced that the Decentralised Energy Exchange (deX) has commenced the rollout of a new platform that connects millions of distributed energy resources (DER) and virtual power plants (VPPs), to existing markets such as the wholesale market, as well as enabling new markets to provide grid services. The announcement is a monumental advancement towards households and businesses getting more value out of their distributed energy assets – solar PV, storage and electric vehicles – by being rewarded for adding to overall grid system reliability.

As part of the exchange, deX Connect allows Distributed Energy Resources (DER) access to open markets via a single (fleet-wide) integration completed by their technology provider using the deX API. This integration connects millions of DER – including virtual power plants (VPPs), inverters, battery storage, monitoring solutions and other new ‘behind the meter’ products – both physically and digitally to the Distributed Energy Exchange, enabling new tradable energy services and expanding the reach of existing VPPs already in the market today.

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