Electric cars and plug-in hybrid/electric vehicles (PHEVs), typically charged at a consumer’s premises, have large batteries to store energy, making them one of the most common sources of distributed energy storage. The complement to smart charging is distributed storage. In distributed storage, cars participate in both net metering or “vehicle-to-grid” (V2G) energy outflows, and demand response programs.
Electric vehicles and other distributed energy storage devices have the potential to take advantage of dynamic pricing: they can charge and store energy when prices are low and supply energy when prices are high. This energy arbitrage has obvious financial incentives that provide benefits for consumers and utilities alike.
From a utility perspective, distributed storage enables programs for peak-shaving (energy outflows during demand peaks) and valley-filling (off-peak charging), offering several benefits to utilities:
To enable these applications, utilities must provide price signals to consumers and their distributed energy sources, similar to the standard demand-side management application enabled with a two-way Smart Grid communications network.
Trilliant’s powerful Smart Grid Communications Platform provides the necessary components to enable the future of distributed energy storage. With a multi-tier network that reaches into the home, the Trilliant Platform’s communications infrastructure provides two-way communication to enable net metering, home area network communications, and dynamic price signals. Trilliant’s Consumer Engagement Management System provides demand response, direct load controls and customization through SOAP-based APIs.
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