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AutoGrid, ENERES Announce Virtual Power Plant Agreement (Ind. Report)
AutoGrid, ENERES
Date: 2019-06-17
Redwood City, California-headquartered AutoGrid, the leader in flexibility management software for the energy industry, reports its latest project in Japan, which will be the largest storage-virtual power plant (VPP) in the world by asset volume. The project anticipates adding more than 10,000 assets to the VPP between 2020-2021, with rapid scaling in subsequent years.

Under the partnership, AutoGrid will supply Japanese energy services and trading company ENERES Co., Ltd. with VPP and customer engagement software to aggregate, dispatch and market energy from demand response (DR) and distributed energy resources (DERs). The partnership will enable ENERES to combine DR resources into large enough blocks of energy to sell into capacity markets.

AutoGrid will supply a custom-branded, cloud-based software solution that will allow ENERES to manage all aspects of the VPP, including program configuration, customer enrollment, monitoring and forecasting, event dispatch, event notifications, and measurement and verification (M&V). ENERES will use the AutoGrid Flex™ platform for AI-driven DER management, and it will use AutoGrid Engage™ to support customer marketing, signup and participation. AutoGrid's activity in Japan has increased as the new energy market's generation targets have driven rapid adoption of storage and as the industry races to integrate more renewable and storage into the mix to achieve 2030 goals.

ENERES , a subsidiary of KDDI Corporation and an affiliate of Power Development Co., Ltd., will develop an "Energy as a Service" model that optimizes power for corporate power users, utilizing AI-driven management of distributed energy resources. including weather driven demand and power forecasting. www.eneres.co.jp (Source: AutoGrid, PR, 17 June, 2019) Contact: AutoGrid, . Dr. Amit Narayan, CEO, ,(415) 820-4176, www.auto-grid.com; ENERES, Masahiro Kobayashi, Pres., www.eneres.co.jp

More Low-Carbon Energy News AutoGrid,  ENERES,  Energy Management,  Energy Storage,  

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