Why Predicting the Top 5 ICI Peaks is Impossible Without AI
With the increased number of ICI participants and embedded energy resources like generators and battery storage coming onto the grid, predicting the top 5 coincident peak hours is increasingly difficult. Read on to learn why AI is a necessity for predicting the Top 5 Peaks.
Demand Response FAQ
Over the past few years, Edgecom Energy has gained a lot of experience as a Demand Response Aggregator in the Independent Electricity System Operator (IESO)’s Demand response program – now called the Capacity Auction. In this time, we have also received and answered a wide variety of questions from our customers relating to the program and how it works. In this post, you’ll find a selection of these questions and answers.
Network Operations Centre Explainer
Edgecom Energy's NOC seamlessly integrates into your Distributed Energy Resource (DER) operations and connects your facilities' various energy assets to our energy portal. The system maximizes the savings and income from your DER using Edgecom Energy's industry leading coincident peak and price prediction engines. Our security infrastructure and redundant connectivity ensures the highest level of security.
The Role of Security in IoT Systems
It is incredibly important to make sure your IoT solutions are secure. Having an unsecure network will not only lead to losses, but might put your company and its employees’ security at risk. Read on to learn how we secure our IoT solution, IoTrack!
What is a Virtual Power Plant (VPP)?
Virtual power plants (VPPs) are the future of our electric grids. The grid's current aging infrastructure was built around electricity flowing in one direction, from the central power plant to the end-user. However, with the introduction and the resulting rise in popularity of distributed energy resources (DERs) like solar panels, wind turbines and battery storage systems, the grid is now required to handle electricity coming from the central power plants and the end-users.
Demand Response: Ontario’s Capacity Auction Program
In modern grids, optimizing efficiency in electricity consumption and reducing strain on grid infrastructure has become crucial. During times of high demand […]
Network Operations Centre for DER Management
Edgecom's NOC enables secure and reliable DER asset management powered by Blockchain technology.
What is an Energy Baseline?
Calculating an accurate baseline is one of the first steps in identifying the impacts of any changes or new services implemented on a system. In this blog post, we'll cover why baselines are important and how to calculate your own.
New GHG Reduction Project Funding
Recently, the government of Canada announced and launched two exciting new funding opportunities aiming to leverage Canadian ingenuity to reduce greenhouse gas (GHG) emissions and fight climate change. In the following blog post, we will break down the high-level details of both of these programs to get you up to speed.
Threshold reduced for Class A customers – More consumers can now participate in the ICI Program
The Industrial Conservation Initiative (ICI) allows large industrial consumers to reduce their electricity costs by reducing their Peak Demand Factor on Top 5 peak days. Since 2011, this program has allowed consumers to remain competitive in Ontario, while helping maintain the grid's reliability.
DR Standby and Activation Calls Explained
Over the past few weeks, the Independent Electricity System Operator (IESO) has issued an unusually high number of standby calls to participants in the Demand Response (DR) program. Although this might be frustrating for DR participants and has kept us all busy recently, there are good reasons to explain the recent increase in calls. This blog post will briefly outline why standby and activation calls are issued in normal circumstances and will explain the IESO’s recent increase in calls.
Transforming the Energy Industry with IIoT
The Internet of Things (IoT) has many useful applications in many different industries, and the energy industry is no exception. As technology advances, IoT has the potential to redefine and transform the industry, providing new revenue streams and shifting business models.