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Camus Energy Secures $16M Series A to Advance Grid Management and Support Community-Centric Utilities of the Future

Camus Energy Secures $16M Series A to Advance Grid Management and Support Community-Centric Utilities of the Future
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TransGrid and Endeavour Energy are backing EnergyLab's new global scaleup program

TransGrid and Endeavour Energy are backing EnergyLab's new global scaleup program
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How to unlock the potential of virtual power plants? Virtualize the grid.

Iulia Gheorghiu / Utility Dive
Published
March 11, 2021
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The following is a contributed article by Astrid Atkinson, co-founder and CEO of Camus Energy, Dr. Varun Sivaram, senior research scholar at Columbia University s Center on Global Energy Policy, and Richard L. Kauffman, chairman of the New York State Energy Research and Development Authority.
The technology to create virtual power plants made up of distributed energy resources (DERs) is here. They can replace conventional, fossil-fueled power plants and enable a cleaner, cheaper and more resilient grid. The Federal Energy Regulatory Commission (FERC) delivered a boost in 2020. Its Order 2222 allows aggregations of DERs to participate in wholesale electricity markets through sales of power and participation in Demand Response (DR), capacity and ancillary services markets. ....

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'A total mindshift': Utilities replace gas peakers, 'old school' demand response with flexible DERs

'A total mindshift': Utilities replace gas peakers, 'old school' demand response with flexible DERs
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