media release - Energy Networks Australia

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Sep 1, 2017 - Energy Networks Australia www.energynetworks.com.au. Unit 4 ... Australia Interim CEO, Andrew Dillon, said
MEDIA RELEASE 1 September 2017

Networks welcome new energy marketplace project The announcement of a new energy trading platform has been welcomed by Energy Networks Australia as an exciting opportunity to provide customers with reliable and affordable electricity into the future. GreenSync has officially launched its deX project – a decentralised energy exchange platform which allows customers, communities and utilities to trade energy. Energy Networks Australia Interim CEO, Andrew Dillon, said the transformation of our energy system requires innovative solutions to harness the benefits of new technologies. “Networks could use these types of platforms to pay for the use of household solar and storage as an alternative to building poles and wires,” Mr Dillon said. “The software also has the ability to provide Networks with greater visibility of distributed energy resources to help manage the growing number of household solar and batteries connecting to the grid.” Energy Networks Australia is one of 37 energy industry partners supporting the initiative. Many of its members are already working with GreenSync as part of the project. More information including project milestones is available at https://dex.energy/. ENDS Media contact: Taryn Bevege (02) 6272 1524 or 0447569029 [email protected] Energy Networks Australia represents Australia’s electricity transmission and distribution networks and gas distribution networks. Our members provide energy to virtually every household and business in Australia.

Energy Networks Australia www.energynetworks.com.au Unit 4, 110 Giles St, Kingston ACT 2604 P: +61 2 6272 1555 E: [email protected] Energy Networks Association T/A Energy Networks Australia ABN: 75 106 735 406

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