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GDF Suez North America signs demand response agreement with Viridity Energy

Fri, 04/05/2013 - 18:36 -- Ruth Williams

GDF Suez Energy Resources NA has announced an agreement with Viridity Energy to provide comprehensive, customized demand response solutions.   

Through this agreement, large energy users will have access to customized decision-making tools that align operations with load-management strategies and provide opportunities to reduce energy-related costs. 

The market knowledge and supply expertise of GDF SUEZ Energy Resources – combined with the customer load-optimization capabilities of Viridity Energy – will give buyers the potential to mitigate peak energy costs and decrease capital expenditures.

GDF SUEZ Energy Resources will be a key strategic advisor to Viridity Energy in evaluating and analyzing customer load and behaviour for year-round demand response events.  In return, Viridity Energy will use the retail electricity supplier's supply and trading capabilities to monetize actionable load opportunities for customers. 

Both companies will take part in a pilot project targeting several large commercial and industrial power users utilizing standby generation, battery storage, and automated control and measurement technology.