The Faraday Grid
The Faraday Grid is an energy system fit for the future, providing clean, affordable and reliable energy to everyone.
About the Faraday Grid
The Faraday Grid is our system architecture that can deliver power from anywhere to anyone across the grid. It is a common platform that can enable a wide variety of technologies and solutions to connect and transact.
A Faraday Grid is made up of Faraday Exchangers: our ‘plug and play’ devices that dynamically balance and smooth power flowing across the energy system.
Unlike complicated and costly attempts to adjust generation and consumption in real time, a network of Exchangers rebalances power flows from within the grid itself.
The Faraday Grid is a quantum leap in the application of physics and economics to the energy system. An optimal design to enable more productive, resilient and safer electricity transfer.
Why do we need the Faraday Grid?
The Faraday Grid platform can address the challenge of providing clean, affordable and reliable energy to everyone.
We face this challenge because the energy grid dates back over a century, when power was generated by a small number of large, fossil-fuel power stations.
The world has changed, and the ways that energy is made and used have evolved. Renewables supply more and more power, but in very different ways from fossil power plants: countless renewable generation points produce volatile power distributed throughout the network. At the same time, energy demand of consumers, whether as a household or business, is constantly increasing and has become more variable than ever.
While both generation and consumption – the endpoints of the system – have changed, the grid that delivers energy between those endpoints has not kept up pace. Without reimagining the grid to suit modern energy demands, we face dangerous blackouts and skyrocketing energy prices.
At Faraday Grid, we’ve gone back to first principles to design the energy system fit for the future: one that reduces complexity in the system and reduces consumer bills. Importantly, the Faraday Grid has the capacity to integrate more clean of the energy sources that consumers want.
The Faraday Grid will transform the current rigid, one way, centrally controlled design, to an “anywhere to anyone” network, so energy goes where it’s needed, when it’s needed. It can enable greater use of distributed energy such as roof-top solar, wind power, and means that storage can be included in the system in a way that maximises battery life.
It is a design that delivers a more flexible, resilient platform so that we all benefit from being connected.
Ultimately, the Faraday Grid will make buying and using electricity easier, cheaper and more reliable than it is today – for everyone.
The Faraday Grid provides the foundation for the Emergent Transactional Network.
Watch our short video explaining the Faraday Grid.