Matching Supply and Demand
Matching electricity supply with demand is one of the energy world’s biggest challenges, according to The Manhattan Institute for Policy Research. “Here the data show that society and the electricity-consuming services that people like are generating a growing gap between peaks and valleys of demand,” it wrote in a March 2019 report titled “The New Energy Economy”.
VEM integrates with third-party APIs to seamlessly respond to utility signals for peak demand shaving. VEM can then apply event-driven responses to participating customer sites, which are presented to the Utility as “aggregated load.”