Lawrence is a strong believer in the value of hard work. His 20-plus years of industry experience run the gamut from field auditing to managing relationships with Fortune 100 clients, and when he sees an opportunity for improvement, he considers it a personal invitation. Lawrence combines a wealth of scientific, technological and practical knowledge with a knack for ingenuity to develop solutions in energy that have never been seen in the industry.
A high-level look at how the Exergy System is reimagining the relationship between energy prosumers, consumers, and utilities, combining transactive energy innovations with blockchain technology to create a democratized energy marketplace.
This in-depth discussion proposes what Exergy will accomplish and how it can be utilized, by illustrating how its technical value relates to the services that consumers and third parties can provide to one another and to the electric power system.
A technical discussion that introduces transactive energy, and goes on to define and describe the value domains and technical attributes required to allow transactive energy to work in the multi-party electric power system emerging today.
This paper considers the concept of ‘transactive energy’ and a range of supporting regulatory policies as a possible future framework for addressing the key challenges posed by the energy transition.
More Than a Platform.
Exergy is the key.
Combining blockchain’s decentralized digital ledger technology with our own innovative methods for capitalizing on energy and data, we’ve created a permissioned data platform to develop localized marketplaces for transacting energy across existing grid infrastructure. Though we’re just beginning to uncover the potential of Exergy to influence the energy model of the future, we’ve identified three primary use cases.
On the Exergy platform, prosumers—generating energy through their own renewable resource—can transact energy autonomously in near-real time with consumers on the platform in their local marketplace.
The distribution system operator is granted access to consumer data like building management systems. Using price as a proxy, the DSO manages energy use, load balancing, and demand response at negotiated rates.
When a charging station—public or private—or an electric vehicle has a surplus of energy, it is made available for purchase on the local network. Consumers can set budgets and be alerted to the availability via mobile app.
As an innovation of LO3 Energy, Exergy is built on decades of expertise in energy efficiency programs and regulations, structured finance, and developing technologies.
Bill is a finance expert with decades of experience in investment banking, structured finance, and environmental markets. Working as a derivatives specialist in Asia, Bill creatively used his expertise of financial markets to spot innovative ways to identify and manage complex financial risks for clients. He transferred this skill set to the international carbon markets, where he led a team at EcoSecurities tasked with sales, trading and risk management of the largest private sector carbon project portfolio. Bill serves on OneEnergy Renewables’ Advisory Board.
We work in collaboration with leading minds in renewable energy, blockchain technology, and community microgrid operations, each bringing deep industry expertise to the Exergy team.