About Oracle Utilities Grid Edge Distributed Energy Resources Management System (DERMS)
Oracle Utilities Grid Edge Distributed Energy Resources Management System (DERMS) is built on Oracle Utilities Network Management System (NMS), adding incremental support to the NMS platform for the management of behind the meter demand response resources.
Oracle Utilities Grid Edge Distributed Energy Resources Management System can:
Initiate control signals to devices inside customer homes, such as smart thermostats.
Provide strategy templates to be used for the forecasting of various scenarios during event management. It provides event functions that help grid operators manage and review the forecasted impact of an event. This includes the ability to nominate, approve, or reject an event; monitor or cancel an ongoing event, and audit historical events.
Support automatic generation of event stages (blocks of field device activity) for configured objectives. Stages are built based on cost scores and reduction forecasts received from external applications used to help monitor and manage the Demand Response programs.
Here, the role of Oracle Utilities Network Management System is to facilitate the modeling of individual demand response devices down to the customer service point and/or aggregated to load transformers to support NMS-driven optimization. In conjunction with NMS, the DERMS component can help optimize electrical networks both operationally and commercially.