in News Departments > Projects & Contracts
print the content item

Siemens Energy and Viridity Energy have entered into a strategic relationship to provide virtual power plant functionality on campus environments and to other large users of electricity.

Siemens' decentralized energy management system (DEMS) will be coupled with Viridity's VPower system for forecasting and optimization to deliver solutions and services for the management and bidding of controllable load and customer-owned generation and storage resources into energy markets, including capacity, day-ahead, real-time and ancillary markets.

"Electric utilities and electric customers are increasingly recognizing the value that distributed resources can have on the grid," says Audrey Zibelman, president and CEO of Viridity Energy. "This value can be maximized when customers are able to optimize individual load management and generation resources as integrated, dynamic resources on the grid."

Viridity provides the aggregation of controllable load elements on large campuses (university, industrial and governmental), management of the aggregate controllable load and available renewable and/or distributed energy resources within the campus' control (such as wind, solar photovoltaic, battery and storage).

Siemens' DEMS delivers the software engine to model the available resources, forecast usage, balance load and energy resources in real time, optimize demand capacity available and integrate with energy market systems for bidding. The system can be implemented locally or as a remotely hosted service.

SOURCES: Siemens Energy, Viridity Energy


Trachte Inc._id1770
Latest Top Stories

Six Key Takeaways From The IRS' Start Of Construction Guidance: What You Need To Know

The IRS recently issued guidance to wind developers to further spell out what "start of construction" means. Will you be covered?


Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965