up-to-date: Aug 11, 2021 04:00 EDT
August 11, 2021(Newswire.com) –
Voltus, Inc., a leading dispersed electrical power sources (DER) engineering organization, announces right now that it is providing Running Reserves (OR) to California corporations in the California Unbiased System Operator (CAISO) marketplace. CAISO OR, a brief-response software leveraging DER belongings that can activate inside 10 minutes detect, offers an supplemental system for electric power buyers and grid providers associates in the course of the point out to gain funds when supporting the balance of the electric power grid.
“Voltus aims to maximize the money value of just about every guiding-the-meter megawatt we provide,” describes Dana Guernsey, Voltus’s Chief Products Officer. “With the addition of CAISO OR to our California method stack, our clients can receive even much more hard cash from these vitality property, even more incentivizing customers to offer you these desperately desired sources to an overstressed grid.”
Voltus has recognized a leadership placement delivering hundreds of megawatts of functioning reserves to US and Canadian wholesale electricity markets with its marketplace computer software platform that automates “equipment to marketplace to cash.” The Voltus platform provides the hourly scheduling, bidding, dispatch, serious-time support, and settlement for every form of working reserves DER, such as electrical power storage, dispersed generation, and demand from customers reaction.
“Operating reserves are an more and more beneficial source for grid operators to respond to an significantly sophisticated and at-possibility grid, and this is genuine more than at any time suitable now in locations like California,” displays Voltus CEO, Gregg Dixon. “Voltus remains dedicated to opening new marketplaces to these verified DER belongings globally, delivering the technologies and fiscal incentives to scale their participation and affect.”
Voltus is the leading technological innovation system connecting distributed power means to energy marketplaces, offering fewer costly, more reliable, and additional sustainable electric power. Our commercial and industrial clients and grid expert services partners crank out money by permitting Voltus to optimize the price of their flexible load, dispersed generation, energy storage, electrical power performance, and electrical motor vehicle sources in these marketplaces. To find out more, check out www.voltus.co.
Voltus Media Relations
Vice President of Marketing
Supply: Voltus, Inc.