Calculate distribution locational marginal prices for DERs to enable optimal asset scheduling and dispatch
Scale DER programs by aggregating DERs based on their location and capabilities
Not ready to run a live market with GridOS TEMS? Our software also allows you to simulate a market and other types of DER programs.
The proliferation of DERs in distribution grids is pushing utilities to reconsider how they operate their grids and businesses. This means balancing system reliability while incorporating more local sources of generation and finding opportunities in meeting growing consumer interest in lower electricity bills and increased “energy independence”. GridOS Transactive Energy Management System helps utilities meet this challenge by providing a market-based software to run simulated or live market programs that generate location and time-specific dispatch schedules and price signals for DERs, based on the evaluated system conditions and the total value those DERs provide to the grid. The physics-meets-contracts DER scheduling and pricing capabilities of GridOS-TEMS allows utilities to launch DER programs, implement various rate and tariff redesigns, and manage the next evolution of net metering and targeted demand response programs.
Utilize utility network model to generate an energy market based on distribution system needs
Visualize and aggregate DER as needed
Combine load forecasts, DER bids and offers, generation forecasts and demand response signals.
Output location and time-specific dispatch schedules and price signals
Meter output of scheduled DER,
assign payment or charges based on performance against contractual obligation