Siemens and Viridity Energy form alliance aimed at smart grid implementations
Siemens Energy and Viridity Energy have entered into a strategic relationship to provide virtual power plant functionality on campus environments and to other large users of electricity. Viridity will couple Siemens’ DEMS (decentralized energy management system) with its VPower system for forecasting and optimization to deliver solutions and services for the management and bidding of controllable load and customer-owned generation and storage resources into energy markets, including capacity, day-ahead, real-time and ancillary markets.
The heart of the Viridity solution is Siemens’ DEMS, which delivers the software engine to model the available resources, forecast usage, balance load and energy resources in real-time, optimize demand capacity available and integrate with energy market systems for bidding. The system can be implemented locally or as a remotely hosted service.
Viridity says it offers the service to help customers achieve economic and environmental objectives. The Viridity- Siemens solution allows customers to integrate their micro-generation and controllable load into the smart grid on the same basis as traditional generation.