Siemens has struck a deal with US service provider Direct Energy to install its demand response management system (DRMS).
Direct Energy will manage the existing load commitments in several independent system operators (ISO) with Siemens’s DRMS. The DRMS are designed to control power usage and to help managing power demand requirements particularly during peak times.
The DRMS is to be integrated with sub-metering devices located at each Direct Utility account and to collect consumption data. The service provider will then use the data to determine the amount of energy it needs to transact into the marketplace.
"The flexibility of Siemens DRMS to provide automated interfaces to multiple ISO systems will allow Direct Energy to operate their portfolio in a more streamlined and efficient manner and will improve reliability for all of their customers," said Craig Cavanaugh, director of Siemens Smart Grid Applications and Solutions. “By leveraging the forecasting and analytics engine embedded in Siemens DRMS, Direct Energy will be able to optimize the market based transactions,” he added.
The deal will enable Direct Energy to deploy its demand reduction and demand management programs throughout the US and Canada. The company has more than six million residential and commercial customers.
Germany-based Siemens said that the US-contract is its biggest demand response project so far.