Siemens Smart Grid Debuts “Surgical” Demand Response System For Utilities
Siemens Smart Grid has introduced Demand Response Management System (DRMS) Version 2.0, a technology that manages demand response programs more effectively than traditional processes used by utilities. The new system is one of the first to surgically target demand reductions via substation, feeder, zip code or geographical location that allows utilities to reduce power loads at critical sections of their distribution network. Siemens will host an exclusive webinar on November 7 th highlighting the new technology.
Siemens DRMS 2.0 manages all aspects of demand response, optimizing features and functionalities to allow for greater flexibility by being able to map utility business processes into the demand response equation. The new technology allows utilities to condition the load to meet system needs, surgically curtailing specific loads within tailored demand response events to achieve any number of operational or market objectives. Siemens DRMS technology can take the stress off of an asset and reduce the load, facilitating greater reliability and asset life throughout the grid. At the same time, the application allows users to structure programs to maximize energy market opportunities.
“This is one of the first demand response systems that can surgically pinpoint a load overage or outage event, making it easier for utilities to distribute reliable power while reducing lifecycle costs at their facilities,” said Thierry Godart, president of Siemens Smart Grid Division in the U.S. “Siemens is proud to offer a technology solution that will help ensure utilities have more efficient and dependable systems for targeted, real-time demand event monitoring while modernizing the grid to meet the country’s growing electricity needs.”
This flexible platform has full reporting capabilities for event performance, load analysis and calculation of billing determinants while helping to reduce utility costs by automating the manual, cumbersome processes of demand response, reducing maintenance and lifecycle costs, and allowing utilities to generate additional revenue through transacting demand response load in the marketplace.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
