In a smart grid world, two-way digital information exchange opens up new horizons. Today’s technologies allow us to collect data about how customers use electricity, and then provide customers with the opportunity to actively participate in the effort to optimize their energy usage. The ultimate goal of this smart grid future is a more efficient and reliable grid where customers, generators, utilities and grid operators seamlessly work together to maximize the value of all resources.
When resources are used more efficiently and consumption is not only managed and shifted but used as an active resource, we can fulfill the promise of interconnected systems on the grid and behind the meter responding dynamically to reliability and economic signals to strengthen the grid. Our microgrid solutions enable electric consumers to balance supply and demand within a microgrid by managing energy consumption, optimizing energy resources, and bringing diverse resources together to create one unified system.
Every day, energy assets are optimized for our clients through the VPower™ engine, providing our clients with new economic value for their existing energy assets. At Viridity Energy, we monetize energy assets in a way that no one else in the industry can to maximize the impact of our clients’ energy strategies and reduce their energy spend.
Central Plant Optimization Product
For customers with a complex energy environment (such as a campus or industrial client), we offer a central plant optimization product to fully optimize all elements of the operation.
To implement a central plant optimization, Viridity will create a customized energy optimization model in VPower™ of the operation’s energy assets, along with multiple factors behind the operation’s supply contracts. Through this product, Viridity can produce a product capable of:
- optimizing the balance of infrastructure assets to meet the various demand streams;
- optimizing against natural gas and electricity commodity positions;
- managing demand charge exposure, and
- monetizing load flexibility using various market programs and settlements with their commodity suppliers.
This type of product provides our client with a new operational strategy that allows them to maximize energy savings while creating untapped new energy revenues out of existing energy assets