IOEN in the Real World: The RedGrid App
The Internet of Energy is not starting from scratch; it has been the vision of Australian startup RedGrid since their inception three years ago. Both RedGrid and IOEN are truly mission-driven; to help cool the planet by using more renewable energy and using energy more intelligently.
In Australia, RedGrid’s technology in the housing market allows individuals to participate in the new energy economy, and all they need are low-cost $7 smart devices. The RedGrid software provides control at the device level: nuanced microtransaction balancing. Aggregated up, it can change how the national grid balances energy supply and demand.