Mitsubishi Electric Power Products, Inc. (MEPPI) and Piclo Announce Collaboration Between MEPPI's Subsidiary, Smarter Grid Solutions Limited (SGS), and Piclo to Integrate Piclo's Marketpla...
MITSUBISHI ELEC UNSP/ADR (MIELY)
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mitsubishielectric.com/company/ir/index.html
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Source: Yahoo! Financ
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 Ma
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