Innovation Onramp Active Pilot

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Design for a local market to incentivize grid resiliency

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This pilot will design a prototype of a new local marketplace where SVCE can procure clean energy services from its customers. The pilot will provide a roadmap for how SVCE can implement the marketplace going forward. This marketplace could be a valuable new revenue stream for owners of flexible technologies, such as batteries, and will therefore help to reduce the cost of resiliency for these consumers.

The pilot is being led by Electron, a London-based energy technology firm. Electron’s platform allows utilities and retailers to create new local price signals which reward clean, flexible technologies for the value they provide to the energy system.