Like any marketplace, OX platform facilitates an energy exchange between market and prosumers.
The OX exchange platform
OX is built around an open energy exchange platform, accessed via web/app based programming interface.
- Distributed energy resources from any manufacturer can communicate
- Unbiased system-of-record
- Empowers versatile energy markets, allowing flexibility into services and procurement
- Enables DER owners and market operators to monitor and manage activities.
Simply, OX integrates distributed energy resources, energy trading platforms and distribution management systems.
OX Programming Interface
OX is a web/app based programming interface connecting distributed participants integrating their systems with OX via a user-built connection.
Every connection can seamlessly communicate with both the individual system’s native means and the OX programming interface.
This design allows a diverse range of technologies and systems to be linked to OX, with all data and control signals flowing via the exchange.
A connecting model
In association with OX, your DER can enter numerous energy markets.
Ox needs to measure the energy consumed and generated by each entity. OX enables each participant to monitor and deliver energy data to its stakeholders. All products associated with OX interact with each other with a cloud-based user interface. Apart from this OX platform provides a number of nodes which can be used to push additional data into the cloud.
Two-way energy exchange
OX enables distributed assets owner to avail bidirectional transaction of energy services. Ox empowers distributed assets owners to supply energy service into the grid where it is actually required. Well-organized communication, coordination and control over the distributed energy resources enables users to create and govern energy contracts, stimulate resources, share energy readings and verify the energy exchange services, all in real-time.
Safe and secure
OX provides a highly secure platform allowing you to safely perform energy trading activities. OX platform acts as an intermediate medium between the distributed asset owner and the grid hence protecting transactions among them.
OX provides not just the platform on which to trade, but also the system of record. Every transaction is recorded and logged that can be viewed at any time. This creates a fully transparent, compliant platform.