Platform for creating, piloting and running new business models over the distributed energy market without a centralized billing system.
Blockchain guarantees accountable and trustful relationships between all participants. Smart contracts enable building any business model between current and new players on energy market. 5 seconds off-chain transactions enable energy and money accounting between producers and consumers in real time.
Optimizing energy supply in real‑time. People and companies install more generation devices and use more smart devices that able to select regimes of power consumption based on energy price. But a rigid pricing system doesn’t allow to avoid substations overload.
We can influence on energy consumption of smart devices by changing the energy price. These kinds of adjustments lower the network load.
The faster does the price react to changing demand, the lower is the peak load. In the ØNDER network, price can be updated every five seconds, so pricing policy becomes flexible.
With ØNDER suppliers and consumers can find balance of energy price, quantity and quality faster, and can choose priority of utilization for different types of energy sources.
Owners of storage devices can also buy and sell energy. They can favorably store it, when it is cheap, and sell it, when it is expensive.
This way the network gets distributed storage devices and a more balanced load.
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