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 These assumptions are no longer valid.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.
Centralized architectures require a single party to maintain infrastructure, administer user roles and permissions, update and coordinate data across multiple discrete technical and organizational boundaries. In such architectures, data is duplicated across systems, increasing the risk of inconsistencies,and resulting in high costs and low trust.
As a result of these barriers, 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.
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.
Based on business and technical requirements from the global energy community, the Energy Web Decentralized Operating System (EW-DOS) is a public, open-source stack of technologies (including the Energy Web Chain) for connecting customers, assets, and existing energy-sector IT and OT systems with energy markets and programs. EW-DOS can be applied in any regulatory context.
EW-DOS provides a universal, hardware-agnostic protocol for establishing digital identities for physical assets, customers, and organizations within a defined service territory, providing local stakeholders with a shared state of the attributes and operational capabilities of grid resources and participants. EW-DOS leverages self-sovereign digital identities, enterprise-grade data exchange and validation services, and integrations with legacy information technology (IT) systems to facilitate transactions between billions of assets, customers, grid operators, service providers, and retailers.
Improve interoperability between companies, systems, and assets with a simple and standard way to exchange and validate data securely.
Simplify enrollment and participation of all types of energy assets, from utility-scale renewables to electric vehicles to smart appliances.
Reduce overall IT costs by eliminating license fees and reducing integration burdens.
Enhance data privacy and regulatory compliance with consumer-oriented privacy regulations.
Lower the barriers to entry for new participants and enable more rapid innovation.
Instead of point-to-point integrations between siloed systems, the entire market collectively owns and operates a shared digital infrastructure
Digital Identities allow you to see and transact with all types of clean energy resources at the edge of the grid
the Energy Web chain and stack offers a secure, transparent and shared view of the same assets to all market participants
Reduce regulatory risk with a technology stack that inherently provides end-user privacy and control out of the box
PARTNER: (AEMO) Australian Energy Market Operator
Project EDGE is a distributed energy resource marketplace in Eastern Australia where grid operators across the transmission and distribution interface can exchange grid services, such as requesting and buying the solar electricity stored in batteries of thousands of households across Australia to balance the grid.
PARTNER: (CAISO) California Independent System Operator
Energy Web worked with CAISO (a major U.S. transmission grid operator) to enhance its existing Flex Alert program. With the new system, the public in California can subscribe to receive SMS or email alerts whenever the power grid faces a critical need for conservation. Subscribers can then respond when they intend to conserve, allowing CAISO to forecast the level of conservation—all while preserving the privacy of those subscribers.
PARTNER: Elia Group
An open platform to simplify the identification of electric vehicles and charge points through digital identities anchored on the Energy Web Chain, enabling all parties to get trustworthy, live and historic data from devices, improving green electricity purchasing and enabling the emergence of other energy services and opportunities for owners and energy companies
PARTNER: Electra Caldense, Bamboo Energy
ElectraFlex is the world’s first decentralized flexibility platform designed to empower a Distribution Operator (DSOs) to access Distributed Energy Resources (DERs) like electricity generated by households solar panels and stored in batteries. These assets and their owners are assigned Digital Identities on the Energy Web Chain which unlocks their full potential for all parties
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)
An open platform to simplify identifying electric vehicles and charge points, through digital identities on the Energy Web Chain, which enables all parties to get trustworthy, live and historic data from devices, improving green electricity purchasing and enabling the emergence of other energy services and opportunities for owners and energy companies
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
Digital Identities assigned to DER assets and users, created on the Energy Web Chain
Enterprise grade roles management app to assign permissions to DID
A messaging protocol and client/server libraries to send secure messages to and from DIDs
Tools and libraries for asset onboarding, making it easy to assign Blockchain ready DIDs to any hardware device
Sunspec-compliant firmware for IOT devices that enables them to assign DIDs and communicate with EW-DOS