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Decentralised Energy Exchange (deX) Program

Sector: Automotive • Location: Australia

Source: Australian Renewable Energy Agency (ARENA)

Project
Closed

GreenSync’s Decentralised Energy Exchange (deX) is a market-enabling digital platform that aims to provide electricity networks with better coordination and control of the increasing volume of distributed energy resources (DER) in the electricity grid. deX also aims to enable consumers to get more value from their energy assets (such as solar, batteries and electric vehicles), by being rewarded fo

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The project “Decentralised Energy Exchange (deX) Program” is an infrastructure initiative in the Automotive sector, located in Australia. Taiyo aggregates data on it from Australian Renewable Energy Agency (ARENA).

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Description

Description

GreenSync’s Decentralised Energy Exchange (deX) is a market-enabling digital platform that aims to provide electricity networks with better coordination and control of the increasing volume of distributed energy resources (DER) in the electricity grid. deX also aims to enable consumers to get more value from their energy assets (such as solar, batteries and electric vehicles), by being rewarded for participating in grid services.Key resultsThe GreenSync deX Program was a two and half year program that culminated in the realisation of deX as a commercially viable, digital DER integration and management platform. Today deX is a software product that is being used to register, view, control and verify thousands of previously latent DER.The first year of the deX Program focussed on developing the foundational components of the platform to enable and maximise the DER registration, visibility and control functionality, and to ensure subsequent scaling and complexity could be supported.Later stages of the project focussed on addressing the challenges of device registration, customer permission, customer churn and network compliance. This resulted in deX reaching an advanced level of maturity, scale and specialisation in 2021.

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