ASEAN Energy Exchange (AEX): Blockchain technology based cross-border electricity trading, payments and settlements in real time. AEX ecosystem consisting: SMART Grid and SMART Spinning Power Reserve supported by ASEAN-wide network of Renewable Energy operating under ASEAN Power Grid. In 2020, AEX signed payment facilitation contract for 1,700 MW portfolio in Laos as well as working on similar portfolios in Thailand and Cambodia and beyond to expand throughout ASEAN region.

Website: aseanx.org

Employees: 5 - 9

HQ: N/A

Location: N/A, N/A, au

Revenue: Not Available

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ASEAN Energy Exchange (AEX) is a cutting-edge technology company that is revolutionizing the way electricity is traded, paid for, and settled across borders in the ASEAN region. Based in Sydney, Australia, AEX has developed a blockchain-based platform that enables real-time trading, payments, and settlements for cross-border electricity transactions. The company's ecosystem includes SMART Grid and SMART Spinning Power Reserve, which are supported by a network of Renewable Energy operating under the ASEAN Power Grid. In 2020, AEX signed a payment facilitation contract for a 1,700 MW portfolio in Laos and is working on similar portfolios in Thailand and Cambodia, with plans to expand throughout the ASEAN region. The company's innovative solution has the potential to transform the way energy is traded and consumed, promoting renewable energy and reducing carbon emissions. With a strong team led by founder Prazad D'zouza, AEX is poised to play a significant role in shaping the future of energy trading in the region.

ASEAN Energy Exchange (AEX) is a system that uses blockchain technology to help countries in the ASEAN region trade electricity, make payments, and settle transactions in real time. The system includes a smart grid and a smart spinning power reserve, which are supported by a network of renewable energy sources across the ASEAN region. In 2020, AEX signed a contract to facilitate payments for a portfolio of 1,700 megawatts of electricity in Laos, and is working on similar portfolios in Thailand and Cambodia, with plans to expand across the entire ASEAN region.