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Balancing demand and supply

Balancing demand and supply by intelligently forecasting, influencing and optimizing power consumption, renewable generation, and use of available resources
 

Balancing demand and supply

Balancing demand and supply by intelligently forecasting, influencing and optimizing power consumption, renewable generation, and use of available resources
 
The stability of the grid depends on utilities’ ability to balance demand and supply in real time, and collaborating with the consumers/prosumers through active communication. Changes in consumption, the integration of renewables, storage technologies, electric vehicles, building management systems, and more sophisticated control technologies mean utilities can now more actively manage this balance through flexibilities. Active flexibility management unifies traditionally siloed utility systems, gathering data from low-voltage networks, social media, leveraging information within the transmission and distribution networks to forecast, influence, and optimize grid conditions in near-real time.

OMNETRIC facilitates active flexibility management via a distributed energy resource management system helping utilities leverage existing infrastructure and integrate renewables, back office IT/OT systems, and consumer demand to dynamically balance demand and supply. We also help link these systems to energy markets to influence and optimize power consumption, allowing utilities to realize tangible business impact.

 
 

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