Industrial automation and software giant Schneider Electric has announced its partnership with IPKeys Technologies, a provider of standards based energy software, in a bid to deliver energy monitoring solutions to IPKeys Power Partners.
The two companies will bring together their solutions - IPKeys EISSTM Online technology with Schneider’s Energy Profiler Online (EPO), offering IPKeys Power Partners load aggregation service’s customers the ability to monitor energy performance in near real-time, track energy savings and participate in demand response events.
The solution utilises OpenADR 2.0b protocol, a communications protocol for automated demand response, which affords customers increased flexibility and greater usability for customers.
According to a release, Schneider claims that the standards-based solution is the “first customer engagement and demand response solution” providing near-real time load reporting and real-time load management utilizing OpenADR 2.0b.
Robert Nawy, managing director and CFO at IPKeys, said: “Energy managers and a wide range of consumers will now be able to benefit from technology that was originally deployed for utilities.”
Schneider smart home solutions in India
In other Schneider news, the company’s Indian subsidiary has announced the launch of its full suite of integrated smart home solutions for multi-dwelling homeowners.
Its smart home solution comprises home automation, wiring devices, final distribution and safety energy management designed to deliver efficiencies across the smart home value chain.
A news report by India’s Financial Express notes that digitisation is part of India’s strategy to management urbanisation.
It adds that authoritative organisations need to manage the citizen expectations and other developmental challenges, such as, land constraints and the existence of only small pockets of modern infrastructure.
Philippe Delorme, executive vice-president, Buildings Partner Business at Schneider Electric Global, said: “The core of smart homes is the fast-growing network of intelligently connected devices, machines and objects, which we call the Internet of Things.
"Energy-efficient technologies for homes, buildings and vehicles can save up to US$15 billion worth of energy annually.
Mr Delorme adds: “Through smart metering India can save US$20 billion per year by 2025. Collectively, the application of all these technologies can have an economic impact of US$50 billion to US$95 billion per year in 2025 for India."