Tennessee Valley Authority Teams with SureGrid to Pilot Intelligent, Demand-Side Power Management
by Business Wire
SureGrid, a leading energy solutions provider of automated, cloud-based, demand-response Intelligent Load Management technology, today announced that it has entered into an intelligent, demand-side management pilot program with the Tennessee Valley Authority (TVA). The two-year pilot will act as a virtual power plant of electric power in real-time during peak-energy, demand-response events, when the power grid is under the greatest stress.
SureGrid’s fully automated, “no-touch” Intelligent Load Management (ILM) technology solution will offer TVA real-time visibility to its electric power load profile and the ability to reduce peak power demands during times when the grid is under high stress, as in a heat wave. Accordingly, SureGrid technology can actually generate virtual power that is rated as highly as any generator that supplies power to the grid today. With just the initial deployment, this SureGrid-TVA pilot will generate the equivalent power consumed by up to 4,000 homes on the hottest days of the year.
SureGrid’s Intelligent Load Management will provide peak demand reduction to TVA’s grid, but SureGrid also offers a significant environmental benefit as well. SureGrid reduces the need for “peaking power plants” which are generating plants that come online only during times of high demand. Given the expected number of demand-response events, this SureGrid-TVA pilot program will reduce CO2 by more than 250,000 lbs.
“Clearly, intelligent, demand-side management (DSM) technology – hosted at the end-user location – is the way of the future,” said Geoff Wyatt, SureGrid’s director of operations. “Now, TVA will have real-time visibility to customer demand while also being able to automatically call upon this load on short notice with the closed-loop approach offered by SureGrid’s PowerCommand® technology.”
The Tennessee Valley Authority (TVA), a corporation owned by the U.S. government, provides electricity for 9,000,000 (nine million) people in parts of seven southeastern states at prices below the national average. TVA, which receives no taxpayer money and makes no profits, also provides flood control, navigation, and land management for the Tennessee River system. TVA also assists utilities and state and local governments with economic development. Learn more: www.TVA.gov
SureGrid’s technology is designed to interface with grid conditions and to dynamically balance power generation and power demand in real-time. The end product of the SureGrid technology is virtual generation, where “unconsumed power” is yielded back to the utility or ISO. The closed loop, cloud-based SureGrid technology that performs the intelligent balancing act is carbon-negative, highly reliable, and two-way validated in real-time, which can help eliminate the need for costly, pollution-prone power plants that typically come online to produce power at times of peak demand.
SureGrid is the leading energy solutions provider and is the only company to offer truly automated cloud-based, Intelligent Load Management Technology. By monitoring and controlling major energy consuming devices such as HVAC, lighting, refrigeration, signage and more, SureGrid technology enables each building to dynamically interact with the electrical grid based on local business rules and real-time asset and environmental conditions. For more info: www.SureGrid.com