Renewable generation will comprise an estimated 50–80% of overall capacity in the coming decades, largely replacing aging thermal generation assets. This alone represents the most dramatic shift in the electricity sector since the advent of alternating current.
Customers are driving the transition to a decarbonized, distributed electricity system quickly and at scale: in the next 10 years, electricity end-users will spend a cumulative $830B on DERs and $7T on electric vehicles.
By 2030, roughly a third of global installed capacity will reside “behind the meter., representing an estimated 3.5 billion internet-connected DERs are expected to integrate with existing electric grids.
Everything about today’s electricity markets—from the rules governing asset qualification, to the way prices are set, to the systems used to monitor and manage the grid—assumes that supply is controllable, demand is fixed, and grid investment is a centralized function driven by grid operators. These assumptions are no longer valid.
Modern, low-carbon grids are inherently distributed, variable, and diverse. Investment in renewables, DERs, and electric vehicles is taking place in a naturally decentralized way; power can be generated and distributed locally as easily as it is across vast distances.
In our current environment, asset and customer information is fragmented across multiple siloed systems and is often invisible to grid operators. Consequently, many assets remain largely isolated from core system planning and operation functions, and DERs in particular are chronically underutilized and frequently fail to capture their full potential value.
Open, public, digital infrastructure will be as integral as physical infrastructure for the secure, reliable operation of a highly decarbonized and distributed electricity grid. Just as grid operators have built and operated the grid’s physical infrastructure over the past century, our vision is for grid operators to invest in, build, and operate digital systems that securely integrate millions and eventually billions of customer-owned DERs into core operation and planning functions.
Track their low-carbon energy supply at highest granularity and provide customers with necessary proofs
Increase customer loyalty by enhancing low-carbon energy product offerings (e.g. clean energy on 24/7 level)
Reach a wider base of customers by creating new value propositions (e.g. green energy supply for cryptomining facilities)
Replicate the offerings in any market and segment by benefitting from interoperability of the digital infrastructure
Decrease long-term costs by leveraging existing open-source digital infrastructure
by assigning DIDs to your assets and onchain certificates for every unit of energy
for example, 24/7 green energy for corporate consumers; transparency platforms for corporates and SMEs; detailed carbon information about your energy supply
tap into a global market of low-carbon energy buyers and investors
enable crypto buyers and global green digital entrepreneurs to use your energy supply
the Energy Web chain and stack offers a secure, transparent and shared view of the same assets to all market participants
21st century technology that is future proof and designed around the new paradigm + interoperable of decentralized energy Blockchain
These are open source applications, toolkits and SDKs that you can use
A global discovery hub or a Skyscanner of green product attributes (e.g., renewable electricity certificates)
a suite of open-source software to build decentralized applications (dApps) for tracking low-carbon energy generation, trading and management of the associated renewable certificates (EACs)
open-source the software development kit (SDK) for tracking and matching renewable electricity consumption and generation
These are some of the low level modules from the Energy Web Tech Stack that you will find useful and that are used to build the higher level applications and projects we create for our partners