Smart Grid Operations
Smart Grid Solution for Demand Response Programs, Distributed Energy Management & Commercial Operations
Ventyx Smart Grid Operations solution enables support of utility commercial operations in a Smart Grid world along with retail-level operations support including demand response program and distributed energy management and resource optimization for utility Smart Grid Programs.
Demand Response Programs & Distributed Energy Management
Smart Grid Operations supports program design, customer enrollment and preference tracking. Demand Response and Distributed Energy Resources are aggregated into actionable resources via Virtual Power Plants (VPPs). This includes benefits calculations to design programs, day ahead and real time operations forecast and aggregations of DER into virtual power plants, and performing billing determinant computations based on customer tariffs.
Ventyx Smart Grid Operations Solution
Unit Commitment & Resource Optimization
Smart Grid Operations enables utility portfolio optimization by supporting unit commitment and dispatch for complex portfolios that include the full range of portfolio components, including generation, storage, renewables, Virtual Power Plants and complex contracts. Key outputs are the price and emissions signaling for communications to commercial systems, and to customer portals, The Smart Grid operations solution enables utilities to realize the benefits of renewables, distributed energy, and demand response in terms of daily operations, and mid-to-long term investment in portfolio and infrastructure expansion.
Smart Grid Operations Dashboard
To facilitate the speed of decision making required to dispatch distributed energy resources, and to provide a comprehensive portfolio view, Ventyx's Smart Grid Operations solution includes a Smart Grid Operations dashboard that brings all portfolio elements into a framework and view for final execution of decisions, and reporting of the forecast and execution results. The dashboard is used to dispatch the Virtual Power Plants and to initiate the signals to the underlying control systems for interruption and recording of results.
