New software could help utilities analyse demand, set better rates
Summary
Armed with this knowledge, utilities can encourage grid-stabilising customer behaviours and better understand the load impact on grid-facing assets, such as distribution transformers, feeders and substations. As a result, utilities must develop agile responses to evolving pressures on the grid,” said Abhay Gupta, CEO of Bidgely in a press release. Bidgely’s 8760 granularity provides detailed information about energy consumption patterns, broken down by hour and by 12 different appliance types (including EV and solar), across different geographic areas and rate plans. This level of analysis enables utilities to identify emerging trends and plan more strategically for grid management, especially in the face of challenges such as Distributed Energy Resources (DERs), EVs and extreme weather events that can affect the predictability of the grid, according to the company. The software will then help utilities explore non-wire alternatives for managing the grid and could assist them in targeting the right customers with load shifting programmes.