March 20, 2018 —
GRID20/20®, Inc., a leading distribution transformer monitoring provider and Dominion Voltage, Inc. (DVI), a subsidiary of Dominion Energy (NYSE: D) and leader in Volt/VAR optimization ‘VVO’ solutions, have teamed up to address the growing energy efficiency needs throughout Canada.
“We see an exciting future emerging throughout Canada. Following our successful Ontario Ministry of Energy Smart Grid Fund project, GRID20/20 has evolved to now include a services-based model to facilitate accelerated grid optimization achievements by Local Distribution Companies, said Alan Snook, President GRID20/20. “We realize the recently released Ontario Long Term Energy Plan identifies key areas for ongoing LDC improvement and expanded grid expectations. We are now postured to assist LDC’s to meet several of these critical challenges where smart meters are unable to address.”
By leveraging their long-term collaborative relationship, GRID20/20 and DVI will initially assist LDC’s to identify remediable energy loss and identify energy purchase cost reduction opportunities. In turn, LDC’s will enjoy In Front of the Meter Conservation (IFMC) savings. The two firms began their collaboration in 2014, and have fully integrated their wares to offer a unique Volt/Var optimization solution which leverages GRID20/20’s patented intra-grid sensors, and DVI’s patented VVO software. LDC’s throughout Canada will soon be introduced to GRID20/20’s recently launched GRID Audit Monitoring Services™. This unique offering is anchored by GRID20/20’s Markham Ontario manufactured intra-grid sensor suite to drive a host of grid optimization upsides for LDCs including VVO through DVI’s leading technology.
“DVI is excited to work with GRID20/20 to assist Ontario in reaching its energy conservation goals,” said Todd Headlee, executive director-DVI. “VVO is an important building block in any long-term conservation program and the VVO-driven energy savings potential across all of Ontario is tremendous.”
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Both GRID20/20 and DVI have actively worked with Local Distribution Companies (LDC’s) in Ontario to validate their technology value. GRID20/20 successfully concluded its Ontario Smart Grid Fund project in 2016. Given Ontario’s release of its Long Term Energy Plan, and related IFMC interests, this duo has reaffirmed their collaborative commitment to serve the evolving Canada marketplace.
On a broader scale, given Canada’s progressive efforts to expand electric vehicle penetration, embrace Distributed Energy Resources (DER), and reduce Greenhouse Gas emissions, this best-in-class technology collaboration between GRID20/20 and DVI shows notable uptake promise, and notable gains for electric utility providers throughout Canada.
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