Empowering communities through localized energy solutions.
LO3 Energy combines expertise in renewables with cutting-edge proprietary technology, creating solutions that will revolutionize the way we produce, consume, and think about energy. We’re partnering with utility companies, energy wholesalers, distribution and transmission system operators, and communities all over the world to develop customized innovations for an energy secure future.
The Brooklyn Microgrid | Brooklyn, New York.
Strengthening a community through affordable renewable energy options.
In one of the most densely-populated areas of the US, one building may generate huge amounts of excess energy through PV panels on its roof, yet a building less than 5 feet away has no way to access it, and must rely on energy delivered from a substation possibly hundreds of miles away. This system is costly, inefficient, and undependable, potentially leaving entire neighborhoods without power during a storm or other emergency. So LO3 Energy teamed up with Siemens to develop a solution. The Brooklyn Microgrid reimagines the traditional energy grid model, with the concept of a communal energy network. While the utility provider still maintains the electrical grid that delivers power, the actual energy is generated, stored, and traded locally by members of the community, for a more resilient and sustainable clean energy model.
Enexa | South Australia.
Bringing together people and technology, for a reliable clean energy solution.
Transactive energy is a concept that uses blockchain technology to conduct thousands of very small energy transactions between enabled systems automatically, creating a secure energy marketplace and effectively managing energy supply and demand at a local level. For the vast, sprawling region of South Australia, this model offers huge advantages in the efficiency and reliability of energy distribution. LO3 Energy has combined our expertise in distributed energy and cutting-edge transactive technology with Yates Energy Service’s ongoing commitment to renewable energy and grid infrastructure advancement to bring transactive energy to South Australia. To begin with, the project is focused on the Riverland region of South Australia, offering commercial customers options in renewable energy sources and pricing, as well as incentives for generating and conserving energy. The Goal of the project is to expand in scope to ultimately include a larger region and also offer service to residential customers.
Allgau Microgrid Project | Allgau, Germany.
Piloting the future of localized renewable energy, through modeling and observation.
Millions of homes and businesses across Germany feature solar panels on their roofs, and thanks to generous feed-in tariffs, those building owners have historically been able to sell excess power back to the grid. However, they cannot sell power directly to local consumers and, with those tariffs set to expire, they face the possibility of not being able to sell at all. The community microgrid project in Allgau, being executed in partnership with local energy service provider Allgauer Uberlandwerk GmbH, will initially be a short-run proof of concept, with some prosumers selected to participate in a virtual microgrid. The project is designed to demonstrate how seamlessly distributed energy and microgrid solutions can fit into existing networks—letting prosumers and consumers realize the full benifts of a localized energy marketplace—and to establish the level of interest regional consumers have in knowing the origins of their energy, and paying for clean local energy. LO3 Energy and Allgauer Uberlandwerk are collaborating on the project with the aim of gathering valuable information on the viability of a local community microgrid, then refining an effective model based on that information and ultimately deploying a permanent microgrid in Allgau, and in many other communities in the area.
Exergy Micro Hedging Project | Texas, USA.
Making it possible for businesses to reduce costs and improve efficiency through automated energy hedging.
Energy is one of the biggest factors affecting the bottom line for businesses yet most don’t have the opportunity to manage their usage, select a specific mix of resources and time their purchases to achieve beneficial cost reductions. As a result, businesses typically reduce their energy risk by committing to fixed price contracts or signing long-term purchase agreements with suppliers. The emergence of LO3’s distributed ledger system, Exergy, means that no longer needs to be the case.
In this project, LO3 has partnered with Direct Energy to give participating businesses access to the Exergy platform, via LO3’s smart meters, making it possible for them to fully engage with the energy market. Commercial and Industrial customers will set their preferences and the platform will automatically place orders for power hedges right down to the hourly level and automatically match them with best price offers in a competitive system. The first phase of the project is due to begin later in 2018.