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Awesome news in this space. Here in Victoria Australia, we're part of the Australian east coast network which covers Qld, NSW, Vic, SA, Tas. The market is mana
by rswail 5y ago
Awesome news in this space. Here in Victoria Australia, we're part of the Australian east coast network which covers Qld, NSW, Vic, SA, Tas.
The market is managed by AEMO and Victoria has a deregulated environment, separated into generators, distributors, and retailers.
I recently signed up with amberelectric.com.au which passes through the wholesale market price (set every 30m) and a fixed $15/month charge.
It's been interesting to watch the market in semi-real time and I would love to see an API that I could adopt/adapt to allow a household to participate in the market.
South Australia has an experimental "virtual generator" that is managed with rooftop solar on each of its public housing estates, combined with local battery storage.
One area that is not clear is that the grid is being stressed by the number of new generation and storage sources, so AI/ML work in modelling that environment is very important in Australia.
- Straw 5y agoInteresting, thanks for the info. Another commenter also recommended looking at the Australian market. Sounds like Griddy in Texas. A good business idea, but they failed due to counterparty risk in the recent storm: their customers failed to pay their enormous electric bills, they couldn't cut them off due to regulations on extreme weather events, and so they got left with a huge bill. How does your provider handle price spikes? Can you set a price cutoff at which you no longer buy?