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t-Grid
Data exchange today in Europe is not always transparent, focused on business and too
complex. We need to enable data access to enable markets to function. Considering our
scenario of moving towards a more sustainable future, we need to consider solutions coming
from private initiatives on the markets. In this context, data access for consumers and third
parties is the key for digital green energy transition.
The new idea is that electricity is a commodity
t-Grid is an online platform that allows an electricity retailer’s customers to trade renewable
energy across the grid. It’s agile and real time pricing means benefits for the customer,
retailer and distribution network alike.
But who are our customers and why would they use our platform to buy energy?
We’re going to start with domestic households and small scale companies who produce or
want to buy renewable energy.
Our platform then matches sellers with buyers and both can negotiate the price of the
energy.
It facilitates the transaction by calculating the amount of electricity to be transferred, confirms
payment and manages the transfer of surplus electricity, therefore, creating a competitive
and dynamic market.