Decentralised Energy Exchange (deX)

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Decentralised Energy Exchange (deX) is a prototype online marketplace that will provide a way for households and businesses with rooftop solar and battery storage systems to be paid for allowing electricity network businesses to access their rooftop solar and stored electricity to strengthen the grid. The Australian electricity market is being challenged by significant change, and is evolving quickly away from a traditional electricity model based on large power generators and long networks. Innovative energy products and services are rapidly emerging that are giving consumers greater choice and control over their relationship with the energy market, including how their electricity is delivered and consumed.A good example of this is the use in Australian homes of rooftop solar and battery storage systems, also known as distributed energy resources (DER).This trend is expected to continue, creating a complex, less predictable and more interactive electricity market where the old ways of managing the power system may no longer work.However, if harnessed correctly, the power generated and stored by Australian households and businesses can help to strengthen the grid, making it more secure and reliable.

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