Historically, electric energy could not be stored easily. Utilities tried to match supply to demand by managing the production rate of power plants, taking generating units on or off-line, and importing power from other utilities. But this inflexible approach is problematic and results in challenges including:
That’s where grid optimization comes in. Now, many pioneering utilities are replacing or supporting traditional generation with energy from flexible and distributed resources.
When combined with responsive technology, these resources can be adjusted in real time, providing utilities a great way to incrementally add capacity to meet actual needs versus meeting a forecasted growth that may not materialize.
We approach managing EV growth, balancing residential and commercial demand response, and managing customers' behind-the-meter storage with a perspective of innovation to meet your utility's unique needs.
Grid optimization involves a variety of operational and energy measures that act together to create an ideal balance among reliability, availability, efficiency and cost. Customer participation, integration of new technologies like advanced meter infrastructure, WiFi-enabled appliances, electric vehicles, renewable energy resources and energy efficiency measures—in both the residential and commercial sectors—are all key features of a thriving smart grid.
At Franklin Energy, our role is to provide an elegant and seamless customer journey and experience for your utility, which helps you shape demand curves and reduce investment in peaked plants along with other transmission and distribution upgrades. Our goal is to support you in creating meaningful solutions for the lives of your utility customers.
Franklin Energy has a complete turnkey solution that can be deployed in a modular fashion providing our utility clients with flexibility in their GO program choices and costs. Franklin Energy’s solution provides customers with a seamless end-to-end journey from device education and operation to program websites, rebate processing, equipment installation, financing, and ongoing device management, including tailored messaging. Specific components of the solution include program design, market analysis, marketing support, trade ally outreach, educational tools, product marketplaces, rebate processing and incentive management, trade ally management, customer service, data analysis, QA/QC, and reporting via dashboards and BI tools.