US energy platform company Innovari has entered into an agreement with an Indian distribution company for demand side management as part of agreements signed during US President Barack Obama's visit to the South Asian country.
Reliance Energy, which distributes more than 7 billion units of electricity a year, signed the memorandum of understanding with Innovari in a bid to find solutions to automate grid control.
The news follows a pilot project between the two in 2014 in Mumbai that aimed to validate customer and grid benefits of automated demand side management.
ADSM is a win-win situation for both utilities, customers as well as the environment: it helps the utilities to improve the system utilization by reducing its peak demand and it allows the customers to curb their power consumption during peak hours, thereby leading to reduction in their monthly electricity bills and restricting carbon emission going in the air, thus reducing carbon footprints.
Innovari said in a statement that the pilot involving commercial and industrial customers such as Raghuleela, a large shopping and leisure centre in Mumbai, and hotel group Marriott concluded "successfully".
R. R. Mehta, CEO at Reliance Energy, said: "With Innovari's platform, we are able work directly with our commercial and industrial customers to become partners in creating a truly optimized power grid while realizing significant savings and improved electrical performance."
The distribution company now plans to approach regulator Maharashtra Electricity Regulatory Commission to approve further extending the ADSM program to other high-volume consumers through phased rollouts.
US-India smart grid solutions
The news comes as the US Trade and Development Agency is pushing to open the Indian market to US smart grid companies.
Reliance Energy is one of several large Indian utilities that are currently participating in USTDA’s smart grid grant programs include Tata Power Delhi Distribution, Calcutta Electric Supply Company, and Bangalore Electric Supply Company.
In December 2014, the USTDA also sponsored two India Smart Grid Workshops in a bid to open doors for US companies to take part in planned electrical system reform and expansion.
Henry Steingass, regional director for South and Southeast Asia at USTDA, said there is great potential for US companies that provide grid modernization and load reduction technologies to partner with Indian utilities as the country looks to develop 100 smart cities.