Optimized Economic Benefits on Both Sides of the Meter at the Edge of the Utility Grid … and Beyond!
Energy storage adds enormous value to the electric grid, which must constantly match generation with demand. The economic value of energy storage increases the closer it is to the load, where users can also benefit from greater control and cost savings. But for such distributed energy storage to deliver fully on its potential, it must be intelligent, easily integrated and capable of aggregating distributed assets and optimizing them in real-time.
DE has developed a “best-in-class” Distributed Energy Network Optimization System (“DEN.OS”) that maximizes the economic returns of behind the meter (“BTM”) storage systems alone, or in combination with distributed generation (“DG”). The DEN.OS platform was architected to facilitate the design, integration and operation of energy assets/services, to deliver the highest financial returns across the broadest range of storage applications, utility rate structures and economic use cases today and in the future.
The DEN.OS™ is designed to maximize the value of distributed energy storage by providing the cloud-based intelligence and big data analytics to optimize in real-time how and when to utilize energy storage resources in concert with other energy assets. The DEN.OS system creates off-peak demand by recharging the batteries when the rates for electricity are the lowest or there is excess supply, and generates electricity when needed to reduce demand or stabilize the grid.
In effect, the DEN.OS makes demand or load "dispatchable" by enabling it to be increased or decreased in an optimal way to accommodate changing "user" needs, rate structures and grid conditions. And by making load more dispatchable, DEN.OS makes it easier to integrate more solar and other DG onsite and on the grid.
Over the past six years, Demand Energy Networks, Inc. has installed distributed energy storage systems in a variety of locations and applications. These systems have been used to validate and enhance the DEN.OS software platform on both the customer-side and the utility side of the meter, utilizing advanced lead-acid and lithium based battery systems, Demand Energy has logged thousands of hours of real-time operation, analytics and data management, exercising the monitoring, control and real-time economic optimization aspects of the system.
Whether it is an aggregation of grid scale load management systems across a dozen buildings in New York or the integration of solar and storage for a utility in Montana, The DE solution accountably ties together the upfront modeling, design and simulation work with the operational monitoring and control (“O&M”) and financial optimization, enabling customers and partners to achieve compelling financial returns over the life of the asset.