Opus One Solutions Selected by AusNet to Join Project EDGE in Piloting a Distributed Energy Resources Marketplace

Opus One

Toronto, Ontario – August 17, 2021 – Opus One Solutions, a Global Cleantech 100 Company and leading provider of distributed energy resources (DER) and transactive energy (TE) management software has been selected by AusNet Services (Australia) to join Project EDGE (energy, demand and generation exchange). The multi-year project is a collaboration between the Australian Energy Market Operator (AEMO), AusNet Services and Mondo Power with financial support from the Australian Renewable Energy Agency (ARENA). AusNet Services will deploy Opus One’s GridOS® software to support project EDGE’s DER marketplace in the Hume Region of Victoria, Australia.

Project EDGE aims to develop and test the concept of a DER marketplace for DER services. The EDGE project will utilize a pioneering two-sided DER market whereby aggregated services from customers’ energy resources will be traded to improve electricity reliability, security, and affordability for consumers. This will be achieved through optimization of customer export and import limits, improved forecasting and reliable dispatch of DER fleets. The market will be underpinned by systems supporting standardized data exchange, wholesale integration of DERs and delivery of local network services using aggregated DERs.

John Theunissen, head of emerging markets at AusNet Services notes - “As a flagship DER project, the EDGE team at AusNet Services were keen to work with a systems partner who had demonstrated capability in the field as well as the ability to effectively collaborate on a trial where much of the detailed design would evolve through the course of the project. In Opus One we believe we have found that partner”.

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