Brazilian-based clean energy investment firm Athon Energia has signed a Memorandum of Understanding with Siemens for the provision of a smart energy management solution.
Siemens will help Athon Energia to digitise grid operations through the supply, operation and maintenance of digital services including data management for digital billing.
Such services will help in the calculation of consumer energy consumption to help consumers to identify energy efficiency potentials and to reduce bills.
The agreement, reached at Intersolar Europe, includes the supply of technologies enabling Athon Energia to remotely control power plants.
John Kovach, global head distributed energy systems, Siemens Energy Management division, commented: "There is significant potential in the distributed energy market, both in Brazil and globally. Today, industrial companies have new opportunities to take control of their energy costs, security of supply, and reduction of CO2 emissions with local energy solutions. In addition, by utilising digital and customised services, we can help to leverage the full potential of these systems."
The project is expected to help Brazil to make local energy systems more efficient, reliable, and sustainable.
According to recent Brazilian ANEEL (Electricity Regulation Agency) regulations, excess electricity generated can be used as credits, which can then be used on subsequent energy bills.