Flexibility management software provider for the energy industry, AutoGrid has entered into a strategic partnership with Schneider Electric, a specialist in global energy management and automation.
The motive behind the deal was to help energy providers integrate customer-owned or -operated flexible distributed energy resources (DERs) into their distribution management operations.
The joint solution will integrate Schneider’s EcoStruxure™ Advanced Distribution Management System (ADMS) with AutoGrid Flex™.
The company claimed that this is the energy industry’s first fully-integrated flexibility management application, which uses open standard IEEE 2030.5 to exchange data and control signals.
As per the deal, Schneider Electric inked a global reseller agreement to distribute AutoGrid Flex™ to electric utilities to automate the entire value chain from consumers to control center.
Talking about the new joint solation, Dr Amit Narayan, chief executive officer of AutoGrid, said: “as distributed energy resources proliferate, electric utilities want a way to balance supply and demand across a complex, dynamic and multi-directional network.”
Narayan further added that “combining our solution with Schneider’s capabilities allows energy providers to harness data to balance a distributed grid with flexible capacity from all grid-connected DERs.”
The company said that new capabilities enable a comprehensive approach to modelling, forecasting, optimizing and orchestrating flexibility from all behind-the-meter (BTM) DERs connected to the electricity grid.
Moreover, this will bring unprecedented real-time visibility and control across the full spectrum of BTM and front-of-the meter utility-scale assets such as energy storage, solar photovoltaic (PV) energy, wind energy, thermostats, water heaters, electric vehicle (EV) chargers, and commercial and industrial demand response for transmission and distribution network operators.
Commenting on the partnership, Frederic Abbal, EVP Services Business, Schneider Electric, said “great partners like AutoGrid make us a stronger company.”
He further added “this mutually beneficial strategic partnership will help us bring new innovative solutions and services to our customers on both sides of the meter. These cutting-edge capabilities will help our customers manage their distributed energy resources and enable them to fully integrate renewable energy onto the grid.”