Software to turn solar panels, building controls and backup generators into energy market players
March 25, 2015
Lots of utility customers have solar panels, or backup generators, or the ability to curtail or shift energy consumption in ways that can help reduce energy costs. But there’s a big difference between treating each of these systems in isolation, and integrating them to maximize their combined grid-responsive and money-making potential.
At least that’s how Tangent Energy sees it. Since its 2009 founding as a solar developer, the Pennsylvania-based company has built a software suite aimed at identifying, controlling and optimizing all of these grid-edge assets as a whole. Now it’s starting to go public with a list of customers that includes steel mills and food manufacturers, municipal utilities and retail energy providers, and natural gas and co-generation equipment manufacturers.
In all of these cases, “Tangent is the platform that ties the end-use customer to the marketplace, and to the energy retailer or the municipal utility, to optimize it, and monetize it,” CEO Dean Musser told me in an interview last week. And unlike traditional demand response providers that use utility or grid operator programs as the pathway to monetization, Tangent is focused on serving as the distributed energy resource management system (DERMS) to link customers to energy markets.
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