The Decentralised Energy Exchange (deX) is a digital platform that allows electricity networks to better coordinate the increasing volume of distributed energy resources (DER) in the electricity grid, while helping consumers get more value from assets such as solar, batteries and electric vehicles.
Report extract
The Decentralised Energy Exchange (deX) is a digital platform that allows electricity networks to better coordinate the increasing volume of distributed energy resources (DER) in the electricity grid, while helping consumers get more value from assets such as solar, batteries and electric vehicles.
To date, over 100 organisations across 20 countries have partnered with deX, including major utilities, leading technology brands and industry bodies. Globally, deX has been contracted for major projects in Europe and Japan.
ARENA is contributing $10 million to accelerate the development of deX. This funding contributes to the total project value of $32 million to enable scaling up of the deX platform in Australia through select partnership projects with governments, networks and technology vendors over the next three years.
As an open access software platform, deX enables transparent and localised marketplaces to operate. Consumer owned devices – solar, smart appliances, batteries and electric vehicles – that are registered with deX will be visible to the network. These devices can then be contracted for grid services such as supplying energy during peak demand, managing frequency or grid voltage, or reducing network constraints.
