Siemens and Viridity Energy announce strategic alliance for Smart Grid implementations

by AF 0727 D3 — July 29, 2009—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.

Viridity offers solutions and services for the management and bidding of demand resources (controllable load) and behind-the-meter generation and storage 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 offers this service to its customers allowing them to leverage their scale and optimizing achievement of their economic and environmental objectives. Together, the Viridity-Siemens team supplies coverage of a total solution from the market to the consumer, delivering value in energy usage, management and price savings. 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.

Siemens has Smart Grid solutions along the entire energy conversion chain from planning and consulting to the products and services required to enable the grid to operate intelligently. Visit Siemens Energy for more information.