System security and reliabilityProject Project EDGE (Energy Demand and Generation Exchange)
The report provides an update regarding progress, preliminary findings, and lessons learned to date on Project Energy Demand and Generation Exchange (Project EDGE).
Project EDGE (Energy Demand and Generation Exchange) is an innovative, first of its kind, collaboration between the Australian Energy Market Operator (AEMO), AusNet Services (AusNet) and Mondo (collectively, the Project Partners), with financial support from the Australian Renewable Energy Agency (ARENA). Project EDGE seeks to understand, test, and demonstrate a proof-of-concept Distributed Energy Resources (DER) Marketplace that enables efficient and secure coordination of aggregated DER to provide wholesale and local network services within the constraints of the distribution network.
It also seeks to identify the approaches that can deliver long-term value to the national electricity system and all actors interacting with the DER Marketplace. The project’s primary intent is to identify capabilities that can be replicated efficiently at scale across the National Electricity Market (NEM) and inform the development of a two-sided market that incentivises innovation and participation. The field trial will be conducted in an off market environment, separate to AEMO’s market systems to promote experimentation and avoid impacting live energy markets.