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Viridity Energy Proprietary Information

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Presentation on theme: "Viridity Energy Proprietary Information"— Presentation transcript:

1 Viridity Energy Proprietary Information
Empowering Consumers: Entering the Smart Grid Future Through demand management aggregation, electric consumers will work with alternative energy suppliers and traditional generation to create an efficient, reliable and clean power system. 9/18/2018 Viridity Energy Proprietary Information

2 Viridity Energy Helps Customers to Create a Smart Energy Strategy Through Dynamic Load Management
Current Electricity Spend Future Energy Spend Revenue from participation in demand response markets Increase in annual net revenue coupled with savings to offset utility spend Today Tomorrow Avoided Retail Cost With Viridity Energy, customers can Integrate and manage their energy assets Significantly decrease energy operating expenses Tap into new benefit streams from the wholesale electricity markets Achieve sustainability and environmental targets © 2011 Viridity Energy Inc. All Rights Reserved

3 Residential Communities Industrial Campuses and Microgrids
Viridity Partners with Consumers to Create Value Through Participation in the Smart Grid RTO/ISO Utility VPower™ is an advanced real-time software platform that co-optimizes distributed energy resources against multiple wholesale markets and retail tariff structures, while meeting comfort, sustainability and reliability objectives, taking into account constraints, forecasts and energy storage. Feeder Relief Battery Storage Solar Residential Communities EMS BMS Generators Industrial Campuses and Microgrids Commercial Buildings © 2012 Viridity Energy Inc. All Rights Reserved

4 The Electric Grid is a Single, Real Time Machine
Electric grids do not function if supply and demand are not in balance at all times. Supply Demand This means we can make the grid work by either increasing supply or decreasing demand.

5 © 2012 Viridity Energy Inc. All Rights Reserved
Traditional View Utility creates power to meet the needs of increased demand Customers pay for power supplied to meet consumer demand © 2012 Viridity Energy Inc. All Rights Reserved

6 © 2012 Viridity Energy Inc. All Rights Reserved
The Power Grid of the Future—Interactive System Incorporating Load Balancing, Renewable Resources, Storage and Microgrids Creates Economic Reductions for All The Future Power Grid Global proliferation of distributed energy resources: Distributed generation Distributed storage Controllable load Clusters of these distributed resources organized in microgrids The Power Grid becomes a network of microgrids capable of: Self-healing Self-coordination Self-scheduling © 2012 Viridity Energy Inc. All Rights Reserved 6

7 Through Load Management, Energy Consumers Become Part of the Supply-Demand Solution
Since reducing demand is equivalent to increasing supply, grid operators compensate large energy users who proactively manage their energy usage on the grid in response to wholesale power prices. Generation Management of Customer Load Power Virtual Power Revenue Generated Revenue Generated © 2012 Viridity Energy Inc. All Rights Reserved

8 Recent Federal Activities Empower U.S. Energy Consumers
FERC Ruling 745 GENERATION CONSUMPTION Since reducing demand is equivalent to increasing supply, grid operators compensate large energy users who proactively manage their energy usage on the grid in response to wholesale power prices. 1 MW 1 MW FERC Ruling 755 FERC 755 allows for better compensation for fast regulation. FERC Ruling 755 © 2012 Viridity Energy Inc. All Rights Reserved

9 Emerging smart grid technologies;
Reduction of Demand Can Play a Pivotal Role in Maintaining Grid Balance Emerging smart grid technologies; Energy Policy Changes By strategically managing energy usage, large energy users create “negawatt hours” that can be bid into the market as virtual supply. Benefits to Consumers For example, for the year, the PJM clearing price would have been $391 per MegaWatt Day without demand response and energy efficiency in the capacity market. With demand response and energy efficiency, the clearing price was $245 per MegaWatt Day. For New Jersey, that translated to $1.1 BILLION in savings to customers in just one year.

10 Demand Curve over 24 hours
Typical demand response will look to “clip” the peak when the prices get to $600 Demand Curve over 24 hours Load (MW x 1,000) 10 30 50 70 90 110 130 150 $20 $35 $50 - $80 $150 $ $600 Time of day

11 Demand Curve over 24 hours
Real time demand optimization and aggregation avoids the peak ever developing! Demand Curve over 24 hours Load (MW x 1,000) 10 30 50 70 90 110 130 150 $20 $35 $50 - $80 $150 $ $600 Time of day

12 Comprehensive Portfolio
Viridity Simplifies and Derisks the Practice of Demand Management From Classic Demand Response To Real-Time Demand Optimization Technology uses predictive weather and load forecast to actively predict “shed” potential Reactive Predictive Reaction to utility signal Pre-cooling Increased load shed Manual Automatic Disruptive Efficient Technology works directly with building management systems and other control devices to automatically control load Technology will use optimization to minimize disruption and inconvenience Comprehensive Portfolio Individual Assets A“unit commit” platform supports seamless integration of load, generation and storage on the grid as virtual power 4/26/2011 © 2011 Viridity Energy Inc. All Rights Reserved

13 The Smart grid in action
Our Clients The Smart grid in action 13

14 © 2012 Viridity Energy Inc. All Rights Reserved
Through the Con Ed Smart Grid Pilot Program, Con Ed Will Have Real-Time Connection to Customer-Side Assets Control Center VPower™ © 2012 Viridity Energy Inc. All Rights Reserved

15 Event Start Event End On a hot summer day ConEd will be able to call upon buildings to provide load relief. Buildings will see real time benefits for their service.

16 UC San Diego Grid Imports, 2007
University of California San Diego RESCO Demonstration Project Energy Issues Facing Us Today UC San Diego operates a 42 MW microgrid with a widely diverse portfolio of distributed energy resources. Supply and distribution of electricity to urban areas can be quite challenging. With peak demand projected to grow with increasing business, urban development often comes at a great cost for energy suppliers. UC San Diego Grid Imports, 2007 Microgrid Solutions An urban microgrid addresses all of these needs by providing the grid operator, utility and government an opportunity to compensate a critical mass of energy users willing to provide load management and collectively invest in renewables and storage. Microgrid Benefits Lower electric bills and new energy revenues for members Greater reliability within high congestion zones using outdated infrastructure Lowered business costs and costs of living Reduced regional carbon footprint Magnet for clean tech investment, new building construction, and green jobs Safeguard the failure of the existing grid Support the efficient development/ innovation of grid infrastructure UCSD Interesting Facts With a daily population of over 45,000, UC San Diego is the size and complexity of a small city 11 million sq. ft. of buildings, $250M/yr of building growth The university Self generates 82% of annual 2.8 MW of Fuel Cells contracted 1.2 MW of Photovoltaic Solar panels installed, additional 2 MW planned Twice the energy density of commercial buildings demand 30 MW Natural Gas Cogeneration plant How it Works Aggregating the electricity use of multiple buildings creates a microgrid that enables owners to leverage their energy efficiency or renewable energy investment strategies to provide lower electricity prices for consumers while serving as a distributed generation resource for the electricity grid. Essentially, each building consumes less energy, freeing up MWs for others to use. © Viridity Energy 2010

17 © 2011 Viridity Energy Inc. All Rights Reserved
Fort George G. Meade: Full Spectrum Dynamic Load Management Project The Fort Meade installation has the fourth largest workforce of any army installation in the United States, and with over 42,000 personnel, is Maryland’s largest employer.  Fort Meade has 85 tenant units, covers 5,067 acres and has 1,517 buildings. Intelligent Load Optimization Manage energy optimization in select group of buildings including Kimbrough Medical Center and Defense Information School (DINFOS). Providing revenue credits in 2 PJM energy markets: capacity market and energy market. On track to enter ancillary markets. Current finalist in the DOD ESTCP Solar/Storage microgrid project aimed at reducing military energy use, increasing onsite renewable energy generation, and improving energy security. Source: For the month of July  2011, Fort Meade had a 7% drop in kWh  with a 17% drop in electric costs over July 2010, while cooling degree days were up by 13%.   DR [with Viridity Energy ] had something to do with this. Tony Karwoski,  Resource Energy Manager  Fort G. Meade * Actual savings may vary 4/26/2011 © 2011 Viridity Energy Inc. All Rights Reserved

18 Project Facts at a Glance
First-in-the-World Technology Innovation Brings Smart Grid into Philadelphia Train Stations Project Facts at a Glance Anticipated Results Energy Savings (efficiency) 2-4KWh/event; MWh/year Supply Savings ($90/MWh) Approximately $95, ,000/year Market Revenue Potential $75,000-$250,000 per year Total Economic Benefit $170,000-$440,000 per year Environmental Benefits CO2: more than 1,000 tons SO2: more than 5 tons NOx: more than 1 ton Mercury: more than 50 pounds Participating Vendors VPower™ market integration and optimization from Viridity Energy Energy storage system from Saft System integration technology from Envitech Energy, a member of the ABB group How it Works © 2011 Viridity Energy, Inc.; All Rights Reserved; Proprietary and Confidential Information; Do Not Copy; Do Not Disclose

19 Thank you Viridity Energy Inc. www.viridityenergy.com 484-534-2222
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