Mitsubishi Electric Power Products, Inc. (MEPPI) is pleased to add Piclo’s Marketplace as part of a growing list of flexibility Marketplace platform providers integrated with SGS’s Strata Grid Distributed Energy Resource Management System (DERMS) solution. This collaboration aims to improve grid reliability, efficiency, and safety by enabling utilities to better manage supply-demand imbalances and grid congestion.
Strata Grid provides a common technology platform for all DER dispatch and control needs that comes with a mature integration pattern to flexibility marketplace platforms. By integrating Piclo’s Marketplace platform into SGS’s Strata Grid, utilities can proactively and autonomously address forecasted grid constraints by initiating flexibility auctions, securing the necessary DER imports and exports, and dispatching resources in real time. In cases where forecast errors lead to unexpected grid constraints, Strata Grid’s real-time constraint management application activates additional controllable DERs to ensure grid safety and reliability. SGS’s Strata Grid and Piclo’s Marketplace platform enhance DER visibility, improve coordination between utility IT/OT systems, and deliver better price signals for utilities.
Drew Smith, EVP Sales and Business Development, North America at Smarter Grid Solutions, Inc., said:
“SGS and Piclo have had a long-standing relationship and we are happy to expand this in North America where the need for end-to-end solutions to utilize DERs for constraint management applications across different time horizons is growing. Working with Piclo in North America allows us to animate markets for customers and evolve demand response and customer programs to a new level of engagement.”
Alex Ghanem, Northeast US Lead at Piclo, said:
“At Piclo, we’re excited to expand our relationship with SGS and MEPPI into North America, where the demand for end-to-end solutions for grid services from DERs across the grid is growing. Together, we’re helping utility customers navigate the immense challenges from load growth by combining Piclo’s Marketplace solution with SGS’s Strata Grid’s reliability and safety, enabling multiple use cases for buyers and sellers of flexibility to transact, coordinate, operate, and settle grid services dynamically.”
Want to learn more? Visit MEPPI and SGS (Booth 3022) and Piclo (Booth 6066) at DistribuTECH in Dallas, Texas from March 24-27. Join the MEPPI, SGS and Piclo teams for an in-booth demonstration of their integrated system at Booth 3022 at 1:00 PM on Wednesday, March 26th.
About MEPPI
Mitsubishi Electric Power Products, Inc. (MEPPI) serves the North American power systems, rail transportation, and large visual display markets with electrical and electronic products, systems and services. The products offered include gas circuit breakers, vacuum circuit breakers, power transformers, gas-insulated substations, power electronics and electricity transmission technologies including high voltage DC, battery energy storage systems, generator services, DERMS and cloud-based control and optimization platforms for DER, nuclear power plant control systems, uninterruptible power supplies, rail transportation equipment, and high-definition LED displays for sports, commercial, and retail installations.
Smarter Grid Solutions Limited (SGS) is a subsidiary of Mitsubishi Electric Power Products, Inc. For over 15 years, SGS has been developing and delivering Distributed Energy Resources Management Software (DERMS) solutions. SGS’s suite of solutions fulfils the needs of utilities, DER developers, microgrid developers, and grid edge customers.
About Piclo
Piclo’s mission is to decarbonize the grid. We develop software solutions that make our energy networks smarter, flexible and more sustainable. Our marketplace platform enables flex sellers (such as EV and battery owners) to access more electricity markets from one place, and flex buyers (system operators, grid operators, utilities) to source flexible electricity from more Distributed Energy Resources (DERs).
To date, Piclo has over 350,000 registered flexible assets representing 26+ GW of registered flex capacity, with flexibility contracts awarded totaling $100M and 3+ GW of flexible capacity procured.
Piclo currently operates in six global markets: in the United States, in New York and Massachusetts (National Grid), Connecticut (United Illuminating, Eversource), and California; in the UK, supporting Distribution System Operators (SP Energy Networks, Electricity North West, Northern Powergrid, Scottish and Southern Electricity Networks and National Grid Electricity Distribution); and the independent System Operator (NESO); in Ireland (ESB Networks), Italy (E-Distribuzione), Portugal (E-REDES)); and in Australia (CitiPower, Powercor, United Energy). Aside from its leading position in the UK, Piclo has a growing presence in Europe, USA and the Asia-Pacific.
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