Oct 16, 2018   SOURCE: PR NewsWire

Sunverge Dynamic VPP Platform Leads with Intelligence on Both Sides of the Meter

SAN FRANCISCO, Oct. 16, 2018 /PRNewswire/ -- Sunverge Energy continues its lead in making it easy for electric utilities to use real-time data at the edge of the grid to better manage, operate and optimize distributed energy resources (DERs), home energy management systems (HEMS) and smart devices in concert with real-time grid and behind-the-meter conditions. This enables more comprehensive and integrated demand side management while offering additional grid services. The new features and enhancements to the company's dynamic Virtual Power Plant (VPP) platform also include more energy storage asset management and protection capabilities for optimal unit and fleet performance.

Built on years of experience in controlling, managing and aggregating fleets of customer-sited DERs, these features allow for more efficient, automated and self-adapting use of intelligent energy storage and other DERs. Extended capabilities of the Sunverge edge/cloud platform include:

    --  Extending EV Charger Integration to support managing charge schedule and
        levels based on consumer preferences and in response to load shed
        signals from the utility to enable participation in utility EV load
        flexibility programs.
    --  Home Energy Management System (HEMS) optimization with self-learning
        algorithms to dynamically orchestrate load shifting of the air
        conditioners and other controllable loads in the home to minimize demand
        charges as well as providing DR load reduction and shifting services for
        homes without battery storage systems, allowing the battery to be sized
        and added in the future based on performance.
    --  Dynamic Pricing Support to connect and pull day-ahead hourly pricing
        information from ISO's to optimize DERs for time-variant dynamic prices,
        daily demand charges and event-based coincident demand charges.

"We continue to innovate and lead the market into the next level of services with our edge/cloud platform," said Martin Milani, CEO of Sunverge. "Utilities are continuing to embrace DERs and we continue to help utilities deploy and operationalize DERs as core demand side and grid operational assets."

About Sunverge Energy

Sunverge Energy provides the leading open, dynamic edge/cloud platform for Virtual Power Plants (VPP) with near real-time control, orchestration and aggregation of behind-the-meter distributed energy resources (DERs). The Sunverge platform provides co-optimization of services on both sides of the meter, helping customers have access to backup power, reduce their energy bill and maximize the use of their renewable energy while helping utilities to efficiently and proactively manage DERs on the distribution grid, lower operational costs, increase feeder resiliency and meet their renewable energy and carbon reduction goals. The Sunverge platform provides near real-time autonomic and intelligent control of Distributed Energy Resources that is efficient, reliable and responsive to utilities and their customers. Visit sunverge.com.

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SOURCE Sunverge Energy