Power. Full of Features
Advanced Grid Edge Intelligence
ergDC uses advanced grid edge intelligence and AI to forecast the edge level demand accurately allowing Utilities to optimize dispatch. This system enhances decision-making and ensures efficient and reliable energy distribution for Utilities.
Quantitative Algo-Trading
With extensive supply and demand portfolios, utilities can leverage our quantitative algorithms for continuous, nationwide energy trading. AI-based day-ahead and real-time collective auction market price forecasts support trading decisions, ensuring optimized energy costs and efficient resource management.
The DERMS Ready System
ergDC, now DERMS-ready, integrates advanced AI-driven forecasts, real-time DER monitoring, and optimization algorithms. It supports demand response, grid edge intelligence, and scalable architecture, ensuring efficient and compliant distributed energy resource management for utilities.
How ergDC Transforms Energy Management for Utilities
Balancing Innovation and Execution
ergDC balances innovation and execution, utilizing AI-driven algorithms to forecast asset usage accurately. This enables superior planning, resource allocation, and efficient energy management for utilities. Additionally, it offers robust workflow management, ensuring streamlined operations and enhanced decision-making.
- Utility was able to forecast demand with upto 4% accuracy in real time and day ahead.
- The asset performance for Utility was enhanced by 15%.
- 18% reduction in variable cost charges.
Identify Risk and Implement Mitigation
The Algo trading feature in ergDC is designed to optimize energy trading operations by leveraging advanced algorithms and AI-driven market analysis. This feature enables utilities to maximize profitability, minimize risks, and ensure efficient energy distribution across their network.
- Utility used ergDC AI to analyze market trends and forecast prices with higher accuracy as compared to spreadsheet based analysis.
- Utility was able to enhance the usage of storage assets across the year based on peak demand.
- Utility was able to implement a cloud-based risk mitigation framework for trading.
Optimizing DER's for Reliability
The DERMS feature in ergDC provides utilities with advanced capabilities to manage and optimize distributed energy resources (DERs) effectively. This feature enhances grid reliability, optimizes resource utilization, and supports the integration of renewable energy sources
- Utility was able to plan renewable energy expansion based on real-time inputs of generation.
- Utility was able to use AI-driven algorithms to forecast energy generation and demand, providing insights for proactive management.
- Utility was able to ensure all operations comply with relevant regulations, with automatic updates to adhere to new standards.
Who Benefits from ergDC
