Schneider Electric And PG&E Announce Solution On Microsoft Azure To Maximize Value Of EVs, Solar And Battery Energy Storage As Flexible Grid Resources
Portfolio Pulse from Happy Mohamed
Schneider Electric and Pacific Gas and Electric Company (PG&E) have announced the deployment of a distributed energy resource management system (DERMS) on Microsoft Azure. The cloud-based platform will help maintain grid reliability and accelerate the adoption of distributed energy resources (DER) such as electric vehicles, energy storage, and rooftop solar. The system provides greater visibility into DER behavior and allows for more proactive management to keep the grid safe, secure, and resilient.
July 25, 2023 | 3:14 pm
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Microsoft Azure is the platform chosen for the deployment of the DERMS, which could increase its usage and visibility in the energy sector.
The use of Microsoft Azure for the deployment of the DERMS could lead to increased usage and visibility of the platform in the energy sector, potentially boosting its stock.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
PG&E is partnering with Schneider Electric to deploy the DERMS on Microsoft Azure, which could enhance its grid reliability and accelerate the adoption of DER.
The partnership with Schneider Electric to deploy the DERMS on Microsoft Azure could enhance PG&E's grid reliability and accelerate the adoption of DER, potentially boosting its stock.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100