SAN FRANCISCO, August 11, 2021 / PRNewswire / – Voltus, Inc., a leading distributed energy resource (DER) technology company, today announced that it is offering operating reserves (OR) at California companies in the California Independent System Operator (CAISO) market. CAISO OR, a rapid response program leveraging DER assets that can be activated within 10 minutes in advance, provides an additional mechanism for electricity consumers and grid service partners statewide to earn revenue. money while supporting the stability of the electricity grid.
âVoltus aims to maximize the monetary value of each megawatt behind the meter we serve,â explains Dana Guernsey, Product Director of Voltus. âWith the addition of CAISO OR to our California stack of programs, our customers can make even more money from these energy assets, providing more incentive for consumers to deliver these desperately needed resources to a busy grid.
Voltus has established a leadership position by providing hundreds of megawatts of operating reserves to wholesale electricity markets in the United States and Canada through its market-based software platform that automates the “machine to market to market”. money â. The Voltus platform provides hourly planning, offers, dispatch, real-time support and settlement for each type of DER operating reserves, including energy storage, distributed generation and response to Requirement.
âOperating reserves are an increasingly valuable resource for grid operators to respond to an increasingly complex and risky grid, and this is more true than ever at this time in places like California, âReflects the CEO of Voltus, Gregg Dixon. âVoltus remains committed to opening new markets for these globally proven DER assets, providing the technology and financial incentives to increase their participation and impact. “
Voltus is the leading technology platform connecting distributed energy resources to electricity markets, providing cheaper, more reliable and more sustainable electricity. Our commercial and industrial customers and network service partners generate cash by enabling Voltus to maximize the value of their flexible load, distributed generation, energy storage, energy efficiency and vehicle resources. electricity in these markets. To learn more, visit www.voltus.co.
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SOURCE Voltus, Inc.