AEMO Announces Open-Source Operating System For World-Leading Distributed Energy Marketplace Design Trial
MELBOURNE, Australia and ZUG, Switzerland, Sept. 2, 2021 /PRNewswire/ -- The Australian Energy Market Operator (AEMO), Australia's power system and market operator, has announced the architecture and technology partners for Project EDGE, a flagship initiative enabling distributed energy resources (DER) to provide both wholesale and local network services at enterprise scale within an off-market trial environment. The DER Marketplace solution will be developed in partnership with local market participants AusNet Services and Mondo, and technology providers Energy Web, PXiSE, and Microsoft.
- The DER Marketplace solution will be developed in partnership with local market participants AusNet Services and Mondo, and technology providers Energy Web, PXiSE, and Microsoft.
- Combined with the rapid growth of energy storage, demand-side management, and utility-scale renewable generation, the Australian grid is transforming into a decentralized system in which consumer-owned DERs play a pivotal role.
- This shared challenge is what makes an open-source infrastructure purposefully designed for the energy sector the best solution for tomorrow's energy markets."
- The EDGE Project is being supported by the Australian Renewable Energy Agency (ARENA), with AEMO receiving almost $13 million in funding for the project.