My Energy Marketplace

Project overview

Lead Organisation
Energy Saving Networks Group Pty Ltd t/a Wattwatchers Digital Energy
Location
St Leonards, New South Wales
ARENA Program
Advancing Renewables Program
Start date
22 October 2019
End date
2 August 2023
Project Partners
Australian National University (ANU), Accurassi (Knowledge-Global Pty Ltd), Cogniss (2and2 Pty Ltd), Solar Schools (iWeb Solutions Pty Ltd)

Summary

Wattwatchers aims to build, operate and deploy the ‘My Energy Marketplace’ or MEM, a consumer-facing energy data platform, designed to securely collect, process and productise vast amounts of energy data.

Need

Most energy consumers have limited access to their own energy data. Households and businesses typically receive power bills, with estimated usage, several months after they have used the electricity.

Better data, sourced independently from power providers and in real-time, could help reduce bills by:

cutting energy waste
improving consumer understanding of electricity retail packages to source a ‘better deal’
using power at the best times
optimising rooftop solar (or right-sizing new solar investments)
enabling programs that reward energy behaviours that help the overall energy system.

For schools, better data could drive energy engagement and literacy among students, while also assisting with reducing energy bills.

For third-party service providers, better energy data could provide improved management of the Australian electricity grid and better integrate renewables.

This project consists of:

Distributed energy resources (Primary)

Project Knowledge

Contact

Name: Murray Hogarth, Director of Communications and Community Networks
Email: murray@wattwatchers.com.au
Phone: +61 417 267235

Last updated
09 January 2023

Learn more

Report: My Energy Marketplace Lessons Learnt 5

This report outlines key financial, social, technical, legal and governance lessons learnt from the implementation of the My Energy Marketplace.

Report: My Energy Marketplace Lessons Learnt 4

This is the fourth Lessons Learnt report for the project. It covers preliminary findings from user engagement on the ‘Marketplace’, the importance of channel partners and available commercial opportunities for data services.

Media Release: Smart Energy Devices to Empower Consumers

ARENA announced funding to Wattwatchers to develop a consumer-facing energy data hub, ‘My Energy Marketplace’, that will give greater visibility over household energy use.

Report: My Energy Marketplace Lessons Learnt 3

This Report details the Lessons Learnt at the mid-point of the Project covering such topics as ‘who owns data’, tariff comparison learnings, cost sensitivity and device retrofitting, and the impact of solar inverter remote disconnection regulations in SA.

Report: My Energy Marketplace Lessons Learnt 2

This report covers the key reflections to date including consumer data rights, communication with consumers and details of the MEM Data Advisory Panel.

Report: My Energy Marketplace Lessons Learnt 1

This Interim Public Knowledge Sharing report details the development of a consumer-facing energy data platform.

Report: Wattwatchers Interim Knowledge Sharing Report

This report covers the initial lessons learnt from the project including a situational assessment in relation to COVID19, framing insights and outputs of the first stakeholder workshop.

Report: A Review of Publicly Available Energy Data Sets

The report includes links to two data sets. This consists of a) where metering devices are located in the network and frequency and b) phase values (to allow more work to be done with frequency stabilization or phasor base control).

Image - Wattwatchers diagram depicting how the technology works

Diagram: Wattwatchers

Diagram depicting how the Wattwatchers technology works.

Report: Consumer Engagement in Energy Data Services: Recommendations Moving Forward

This report summarises recent studies that have investigated both opportunities and challenges in consumer engagement with energy data services. It outlines recommendations for successful engagement of consumers with energy data services.

Action

The Wattwatchers three-year, $8 million My Energy Marketplace deployment project will:

nationally roll-out Wattwatchers energy monitoring hardware and software packages to thousands of homes and small businesses, and hundreds of schools
develop and deploy the MEM, with input from industry and market representatives. The MEM will source data from Wattwatchers hardware, smart meters, inverters, EV chargers and sensors, and provide energy data software applications
provide aggregators, distribution network services providers and other services providers with access to granular consumer energy data and visibility of distributed energy resources (DER).

Outcome

By completing the project, Wattwatchers will:

demonstrate how an energy data platform can deliver value and savings to end users and ultimately become a sustainable business model
provide end users and services providers valuable information about energy consumption and generation, to increase the value of DER and to improve the integration of renewables into the grid
increase understanding and awareness of cybersecurity risks and data privacy management.

Additional impact

Energy use and management datasets will also be made available to researchers, solution developers, and commercial partners under sharing agreements consistent with privacy and security conditions set by energy users.

Wattwatchers My Energy Marketplace project