Schneider Electric and Verisae collaborate on new demand response solution

.

Schneider Electric, a global energy specialist, and sustainability resource planning company Verisae have joined forces on a new demand response offering — Demand Response 2.0 — for commercial and industrial customers. DR 2.0 manages traditional

You might also be interested in ... . Smart Grid Demand Response: Why Today’s Leaders are at Risk as DR 2.0 Emerges . Smart Grid Demand Response: Schneider Electric Reveals Ambitious Plans to Create Virtual Power Plants . Schneider Electric Announces Plans for Electric Vehicle Charging Solutions . Smart Grid Technologies: Demand Response .

load shedding, but also offers load shaping, which Verisae says "is the ability to adjust in real-time the dynamic nature of utility pricing and the resulting customer response." In other words, DR 2.0 allows utilities to quickly adjust pricing to head off a spike in demand rather than simply react to an emergency by dropping load. Essentially, utilities and their larger customers create a virtual power plant of dispatchable load that can manage high demand periods and fill in when intermittent renewable energy sources fade temporarily. Verisae will provide the DR services and Schneider will handle marketing and management.

Quick Take: We've been saying as early as a year ago that this is the path Schneider would take in its transformation from a product provider to a Smart Grid solutions provider.

Stay connected with SGN …

Smart Grid Discussions: Get LinkedIn with Jesse

Follow Us on Twitter

Try our RSS feed

Get our email digest

Smart Grid on Facebook