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Under the partnership, Schneider Electric will integrate AutoGrid’s Energy Data Platform (EDP), a cloud-based big data platform for managing and optimizing the electricity grid, into its Wiser™ Home Management System, a home energy management system designed to connect utilities and consumers, enabling homeowners to better control energy consumption. According to the companies, Wiser Powered by AutoGrid will allow utilities to reduce peak power, curb emissions, and improve energy productivity to effectively utilize more of the electricity that is generated on the grid by enabling users to have a closer connection to their energy information.
Schneider will also resell AutoGrid’s Demand Response Optimization and Management System (DROMS), a cloud-based demand response service, to utilities and energy service providers in North America.
“Demand response technologies provide utilities with a wealth of new capabilities — controlling peak power is just the start. The Wiser Home Management System is also enabling utilities to empower homeowners by giving them easy access to their energy usage,” said Yann Kulp, vice president, Strategy & Business Development, Schneider Electric. “By collaborating with AutoGrid, we will be able to reduce the cost and complexity of implementing these systems and introduce these capabilities to a wider spectrum of customers and end-consumers.”
“We are very excited about working with Schneider Electric, which has been a leader in the electric industry for over a century,” said Dr. Amit Narayan, founder and CEO of AutoGrid. “Data is a remarkably powerful tool. Giving utilities and consumers greater insight into the grid and power consumption leads to a more efficient and reliable grid, while reducing the cost for everyone.”
The Schneider Electric Wiser Home Management System provides visibility and control of household energy use, enables homeowners to drive energy efficiency by reducing or shifting energy use during peak times, and provides customizable settings for optimal comfort, says the company. By connecting networked Wiser devices through smart meters to the grid, utilities can better stabilize and ensure a reliable network for their homeowners.
AutoGrid’s EDP analyzes multiple streams of structured and unstructured data originating from smart meters, grid sensors, and other energy management systems, and combines this data with physics-based models of the transmission and distribution networks as well as other sources of information such as weather feeds and customer demographics to generate comprehensive, accurate forecasts concerning power consumption and grid conditions, the company says.
For more information, visit www.schneider-electric.us.
Publication date: 9/16/2013