Unlocking the Potential of DERS to Enhance Grid Flexibility
EW Flex is a suite of SDKs for integrating distributed energy resources (DERs) into energy markets and demand flexibility programs.
EW Flex enables grid operators—including vertically integrated utilities, distribution system operators (DSOs), and transmission system operators (TSOs)—to scale processes for asset registration, pre-qualification, dispatch, and settlement to millions of distributed energy resources (DERs) via customer-facing applications and services.
This helps grid operators tap into the vast and growing pool of customer-owned and -sited assets, while enabling customers to improve the economics of DER ownership via increased participation in a variety wholesale energy markets and/or demand-side management programs.
EW Flex enables new market solutions that deliver a variety of technical, functional, and societal benefits, including:
LOW-COST ONBOARDING FOR DERS:
Empowers customers, field technicians, and grid operators to quickly and securely collect, verify, and reconcile DER data for establishing identity, permissions, and relationships among market participants.
Universal Data MANAGEMENT:
Decentralized digital identities (DIDs) help track and validate DER operational and relational data—from asset installation through years of market participation, preventing double-counting across multiple markets or portfolios and providing a common, validated view of DER data for all stakeholders.
AGNOSTIC, OPEN, INTEROPERABLE:
Compatible all types of DERs, from smart thermostats to storage systems, and communication protocols, with open APIs that support communication between DERs, market management platforms, and other systems (e.g., billing, DERMS).
DYNAMIC MARKET PARTICIPATION:
Modular architecture enables multiple market participants (e.g., TSO, DSO) to create market platforms for different products (e.g., ancillary services, capacity) that reference a common digital registry featuring all qualified DERs, with the possibility to dynamically bundle DERs based on various geographic or temporal criteria.
Spotlight: Austria, APAC, America
In Austria, TSO Austrian Power Grid's Flexhub application is underpinning a proof-of-concept solution for integrating customer-owned battery storage systems into the wholesale frequency regulation market, including registration, pre-qualification, activation, and settlement. In an Asia-Pacific market, EW Flex is being leveraged to improve the quality and quantity of DER data in a national registry while streamlining the process of sharing data among authorized stakeholders. In the U.S., EW Flex is being used to establish a distribution-level market that offers new ways for customers to monetize their DERs in addition to existing wholesale markets.
The Energy Web is accelerating a low-carbon, customer-centric electricity system by unleashing the potential of open-source, decentralized, digital technologies.
Innovation in #Digitalization and #blockchain for the #energy sector continues ... in South America, with the latest news coming out of Chile [in Spanish]:
The global #microgrid market is growing fast, but managing contracts between all... a microgrid's 'prosumers' can be challenging. #blockchain and #smartcontracts can provide a solution, writes @lexology.
As many of you know, #staking is coming to the #EWChain! Here’s a sneak peek ... of the UX for Patrons.
We have created 2 versions with slightly different layouts. Which layout is the best?
Let us know by liking, retweeting and commenting under this post!
Subscribe to our email newsletter today to receive updates.
Energy Web is incorporated in Zug, Switzerland
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
