in News Departments > Products & Technology
print the content item

Siemens Smart Grid has introduced Demand Response Management Software (DRMS) 2.5, the latest advancement in its demand response solution.

According to Siemens, the new software offers a number of ways to create rule-based aggregations that can pinpoint localized grid stress within a utility's territory while optimizing the dispatch of consumer loads. The technology further expands upon DRMS 2.0's ability to isolate and target demand reductions via substation, feeder, ZIP code or geographical location.

DRMS 2.5 helps to improve demand response program management by better understanding a utility's specific dispatch request and develops a tailored recommendation of consumer loads and programs to precisely target next best actions, Siemens says. The company adds that this approach to demand response allows utilities to fully manage and utilize the dispatch of consumer loads for both transmission and distribution level constraints.

Siemens reports that the software allows a utility to create and manage demand response programs for both emergency and economic dispatch, manage enrollment, and provide for full event management, notification, load forecasting and analytics.

The solution also has the ability to help balance intermittent renewable energy resources, generate additional revenue streams and assist in meeting specific state and federal regulatory constraints, the company notes.


Hybrid Energy Innovations 2015
Latest Top Stories

Duke Energy Commits $500M To Major Solar Expansion In N.C.

The utility company says the investment will help further diversify its portfolio, as well as increase solar power for its North Carolina customers by 60%.


Sensus Issues Refund To SaskPower After Smart Meter Woes

As SaskPower continues to swap out its Sensus units following several meter failures, the two companies have reached an agreement in order for the utility to recover costs.


The Smart Utility's Guide To Choosing A Smart Meter

Electricity providers across North America are taking on grid modernization. This article outlines the myriad factors a utility should consider in order to select the best-possible smart meter.


DOE Report: U.S. Wind Power Prices Reach All-Time Low

According to the U.S. Department of Energy (DOE), wind power continues to play a larger role in the U.S.' energy mix and is the cheapest it has ever been in the country.


Survey Reveals What U.S. Consumers Expect From Their Utilities

GE's new survey measures Americans' views on the state and future of the grid, as well as how much extra consumers would be willing to pay for better power reliability.

Hybrid Energy Innovations 2015
S&C Electric_id176
edf_id180
Future Energy_id187