PowerSecure Announces Strategic Alliance with Advanced Microgrid Solutions
June 28, 2017
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Southern Company subsidiary PowerSecure recently announced a strategic alliance with Advanced Microgrid Solutions ("AMS") to jointly develop and deploy behind-the-meter distributed energy resources across the United States.
With over 1.5 GW of distributed energy resources under management, PowerSecure has built one of the country's largest fleets of microgrid solutions and will bring project design, engineering and innovative technology solutions to the alliance. AMS, an early pioneer in the aggregation and optimization of distributed energy resources, will provide asset management services through its ArmadaTM platform, identifying opportunities for grid services and revenue stacking.
"As Southern Company grows our distributed infrastructure business throughout the country it is important that we continually maximize the value from these assets," said Southern Company Chairman, President and CEO Thomas A. Fanning. "This strategic relationship between PowerSecure and Advanced Microgrid Solutions will uncover new ways for Southern Company to deliver value for energy consumers."
"Southern Company's leadership in the distributed energy space is game-changing," said AMS CEO Susan Kennedy. "We are immensely proud to be working with PowerSecure and Southern Company to offer customers some of the most advanced distributed energy technologies in the world."
Through this alliance, PowerSecure will continue to provide customers greater control over their energy and outstanding service across multiple technologies. AMS will utilize its advanced analytics and co-optimization platform, ArmadaTM, and energy storage technology to lower energy expenses for customers while providing cost effective grid services to utilities.
Together, PowerSecure and AMS will work to accelerate the cost-effective deployment of distributed energy resources by enhancing consumers' ability to access market revenues, which will improve overall economics for future joint projects.
Source: Southern Company
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