Sharing the Sunshine: Digital Power Broker
The German startup gridX is combining the power of small rooftop solar installations across Germany to help energy prosumers make more money and consumers get green energy at a fair price. The company’s small gridBox allows private homeowners with solar panels to save money by intelligently and efficiently monitoring, storing and using the energy they generate. More importantly, the company acts as a digital power broker, helping prosumers sell any excess energy – at a fair price – to others across Germany via the national grid using the gridX (for “grid exchange”) platform. The founders of the company, based in Munich and Aachen, hope their decentralized, peerto-peer system of distributing green energy will make them the largest energy provider in Europe – without even owning a single power plant.
Solar panels on a rooftop © Pixabay