The transition to on-site, reliable, and more efficient energy systems has created opportunities for homeowners to save money, enhance energy resilience, and reduce their carbon footprint. Acelerex’s REX™ Market Decision Engine (MDE), powered by the REX Grid Analytics platform, integrates battery energy storage systems (BESS), solar energy, and electric vehicles (EVs) with sophisticated energy demand forecasting, price forecasting, advanced algorithms, and Data Services to deliver cost savings, sustainability, and grid participation capabilities.
Key Features of Acelerex Grid Analytics for Residential Energy
1. Maximizing Cost Savings with Smart Charging and Discharging
- BESS Optimization: Uses locational marginal pricing (LMP) data and advanced algorithms to charge during low-price periods and discharge during peak price times.
- EV Integration: Smart scheduling ensures EVs charge when electricity is most affordable while maintaining convenience.
- Retail Rate Optimization: Aligns charging and discharging with retail rates and carbon impact, providing financial and environmental benefits.
Enhanced by Predictive Analytics: Short- and long-term price predictions, derived from Acelerex’s Data Services, forecast market conditions and electricity rates, enabling precise asset dispatch to maximize cost efficiency.
2. Sustainability at the Forefront
- WattTime/SGIP Integration: BESS charges during low-emission periods and discharges during high-emission periods, reducing carbon footprints.
- Self-Consumption: Direct charging of EVs and batteries with solar energy maximizes clean energy usage.
3. Enhancing Resilience with Backup Power
- Reliable Backup Power: Keeps homes powered during outages with advanced baseload power management.
- Day and Night Availability: Ensures energy supply even when solar production is low.
4. Participating in Demand Response Programs
- Utility Program Compatibility: Supports programs like SCE Power Saver Rewards, adapting BESS and EV schedules to demand response signals.
- Grid Support and Rewards: Discharges energy during peak demand to alleviate grid strain and earn homeowner incentives.
5. Virtual Power Plant (VPP) Capabilities
- Energy Resource Aggregation: Enables homeowners to pool resources with others, contributing to grid stability and earning money.
- Advanced Dispatch Algorithms: Powered by Acelerex’s predictive models, ensures seamless coordination and optimization of battery state-of-charge (SoC) for both short-term grid events and long-term market strategies.
6. Technology that Delivers Insight and Control
- Seamless Device Integration: Works with Sol-Ark Inverters, EnelX JuiceBox, Wallbox, and more.
- Real-Time Monitoring: Provides insights into home energy demand, solar generation, BESS state, and EV charging.
- Actionable Reports: Helps homeowners make informed decisions to further optimize their energy systems.
Empowered by Data Services: Acelerex’s Data Services provide homeowners with actionable insights, using advanced analytics to predict and adapt to changing energy market conditions in real time.
Use Case: Participation in a Virtual Power Plant (VPP)
Scenario:
A group of homeowners wants to maximize financial returns by pooling energy resources to create a Virtual Power Plant (VPP).
Solution Implementation:
- VPP Coordination: REX™ ensures optimized dispatch signals and enforces SoC requirements across participants.
- Grid Stability Support: Aggregated resources support grid stability and increase reliability.
- Financial Incentives: Participants earn rewards for energy contributions during peak demand.
Outcome:
Homeowners enjoy shared financial benefits while contributing to a more resilient grid, all driven by predictive algorithms that adjust asset dispatch based on real-time and forecasted price data.
Acelerex’s Grid Analytics and REX™ MDE empower homeowners with smarter, greener, and more cost-effective energy management solutions. From optimizing energy costs to ensuring reliable backup power and participating in VPPs, Acelerex is transforming residential energy systems.
Contact Sales today to receive a quote!