Schneider Buys Stake in AutoGrid to Tap Its Software for Distributed Energy and Microgrids

Forums Startups News (Startup) Schneider Buys Stake in AutoGrid to Tap Its Software for Distributed Energy and Microgrids

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        #News(Startup) [ via IoTForIndiaGroup ]


        Schneider is a major player in the microgrid space, from islands and remote operations, to utility-integrated systems like its showcase projects with Duke Energy and Texas utility Oncor. It’s also working on microgrid-as-a-service, both on its own and through financing partnerships like the one it launched with the Carlyle Group to develop a solar-powered microgrid for JFK Airport and other sites.

        Schneider has been working with AutoGrid since a 2013 partnership to optimize its Wiser brand of smart thermostats and home energy management devices, using the startup’s first product, its demand response optimization and management system. The two companies share several common utility clients, and have begun to integrate their respective software platforms, although they “are at the very beginning” of that process, Diarte said.

         

        [ See IoTForIndia topics on AutoGrid ]

        Most of AutoGrid’s utility customers — a list that includes Sacramento Municipal Utility District, Oklahoma Gas & Electric, Austin Energy, Florida Power & Light and Hawaiian Electric — have focused on demand response and customer demand-side management applications optimization.
        But a growing number are using the startup’s Flex application for “integrated flexibility management” of DERs. Projects using Flex are now underway in North America, Europe and Asia, at scales ranging from industrial cooling and heating systems to behind-the-meter batteries.


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