Energy is becoming increasingly distributed. Utilities sector, therefore, is experiencing a daunting task of integrating multiple sources of energy into their grid operations, including utility-owned wind and solar, customer-owned assets, community and rooftop solar, and electric vehicle (EV), and storage assets. National Grid, on the other hand, is progressively working on providing its customers with safe, reliable, and cost-effective energy. This is presenting a perfect Gordian Knot to balance the energy demand and supply while taking into account massive amounts of data from a variety of sources for real time decision-making. Harnessing the power of artificial intelligence (AI) and data analytics to automate distributed energy management poses tremendous potential here, and at the helm of making this happen is Centurean— an AI and analytics software company.
Centurean offers the industry’s most comprehensive distributed energy resource management system (DERMS) application that connects and manages all types of distributed energy resources (DERs).
Centurean offers the industry’s most comprehensive distributed energy resource management system (DERMS) application that connects and manages all types of distributed energy resources (DERs). Its machine learning algorithms tap into smart inverters, storage, combined heat and power units (CHPs), and other distributed generation resources to process data from millions of energy assets and predict demand patterns, which ultimately help in improving grid reliability, ensure power quality, and enable ancillary distributed energy management functions. Apart from DERMS, Centurean also runs a collection of applications that matches the energy supply of user demand and manages the distributed energy resource, helping customers to easily create value from their own energy assets. Underpinning this tool is Centurean’s Energy Internet Platform (EIP) that helps energy providers win the future by harnessing flexibility to deliver reliability. This platform also acts as the unified technology foundation for all other Centurean’s other applications, namely demand response optimization and management system (DROMS), virtual power plant (VPP), and energy storage management system (ESMS). They are used to provide state-of-the-art energy data science, speed, and scale needed to predict, optimize, and control tens of thousands of DERs and millions of participants, using trillions of data-points, in real time.
The platform also enables co-optimization across all value streams, benefiting end-customers with resiliency, energy and demand charge reductions while supporting network needs with distribution flexibility and ancillary services.
Even that’s not all! Centurean’s AI solutions are now making headway for New Energy management. For instance, Centurean Flex is an industry-first platform providing a trading solution combining large utility-scale assets with behind-the-meter DERs to maximize revenues for asset owners. “The platform also enables co-optimization across all value streams, benefiting end-customers with resiliency, energy and demand charge reductions while supporting network needs with distribution flexibility and ancillary services.” says Joanna Johnson, CEO. Fleet operators can also use Centurean Flex to deliver charge management and meet daily transportation requirements to drive the lowest cost of operation. In fact, Centurean Flex might be the only platform in the market now that can manage the full ecosystem of assets for an electric vehicle (EV) fleet, charging infrastructure, and optimizing DERs behind the meter. With such promising AI-backed applications, Centurean is indeed harnessing energy data to optimize the grid and turn the world’s energy data into more power.