The program is run by Weavegrid, which got series A funding in March 2021. They’re trying to do something similar to ohmconnect where they can manage their network of participants to load shift. They get credits this way and can also do the added benefit of a pseudo “storm watch” to charge batteries in advance of a PSPS or possible outage.
It’s a cool concept, but I’m not terribly sure how all these conflicting tools like Charge EQ and this will coexist.