Visually balance supply and demand
Managing consumer energy consumption in response to ever changing supply conditions is a key mandate to most utility companies. Supply constraints can be caused by transmission congestion, unexpected load increases or critical component failures. Space-Time Insight correlates streaming and enterprise data to deliver rich geospatial analytics and enable fast, informed decisions directly from a satellite view of the grid and surrounding terrain.
Features:
- Real-time visualization of emergency based Demand Response events, such as congestion or load pocket formations
- Integration with ISOs or demand aggregators for consolidated demand drop request
- Integration with customer relationship systems for visualization of demand response contracts
- Visual simulation of 'load shave' potential through demand response
- Selection of demand response customers with selection criteria such as past interruption duration, financial impact, priority and others
- Price-Demand Elasticity visualization for various price signals and consumer types
- Visualization of the demand curve as a function of renewable generation
- Analysis and visual simulation of placements of DER (distributed Energy resources) on the grid
- Home Area Network visualization, with thermostat readings and consumption profiles overlaid geographically
Benefits:
- Better forecast of Emergency and Condition based Demand Response programs
- Price -Elasticity modeling ensures optimum revenue / energy efficiency targeting
- Targeted demand response ensures energy efficiency improvements without sacrificing service level agreements (SLAs)
- Enhanced ROI through better utilization of home area energy improvement devices such as smart thermostats and remote shutdown devices
