OATI’s DVR/CVR: A Success Recognized by Multiple Companies
Jul 30, 2015
Open Access Technology International, Inc. (OATI) details the method, results, and savings that the OATI Dispatchable/Conservation Voltage Reduction (DVR/CVR) Solution provides for energy industry customers.
Minneapolis, MN: July 30, 2015 – OATI’s advanced DVR/CVR Solution is being recognized in the industry as a leading technology product for energy savings, providing 4% - 5% demand reduction compared to the industry average of approximately 0.5% - 4%. These numbers have been verified by OATI clients, including Wake Electric Membership Corporation (Wake). Wake Electric Membership Corporation selected OATI’s DVR/CVR Solution to provide them the capability to control distribution grid voltages during peak loading conditions to reduce system load and to achieve significant savings in their energy bills from their energy suppliers.
OATI’s DVR/CVR is the most sophisticated solution with the capability to exercise voltage control equipment to lower distribution grid voltages within allowable limits in order to reduce system as well as grid equipment loads. The OATI DVR/CVR solution enables the distribution grid operator to control distribution grid loads on a surgical basis on a circuit, feeder, and substation as well as at the system level. This is made possible through monitoring voltages at customer service delivery points in the real-time and using sophisticated control strategies to control voltage control equipment throughout the grid. OATI’s clients use these capabilities to reduce their energy bill as well as to defer costly substation upgrades.
Wake is an electric utility providing reliable, safe, and affordable energy and related services to approximately 39,000 consumers in parts of Durham, Franklin, Granville, Johnston, Nash, Vance, and Wake counties in North Carolina. Wake operates as a not-for-profit cooperative business and continually improves their services to meet the needs of their customers to enhance their quality of life.
OATI provides innovative software solutions that simplify, streamline, and empower the operational tasks required in today’s energy commerce and Smart Grid. With more than 1,600 customers in North America, OATI successfully deploys large, complicated, and diverse mission-critical applications committed to industry standards and stringent North American Electric Reliability Corporation (NERC) Critical Infrastructure Protection (CIP) guidelines.
OATI (www.oati.com) is a leading provider of Smart Grid, Energy Trading and Risk Management, Transmission Scheduling, Congestion Management, and Market Management products and services. OATI is headquartered in Minneapolis, Minnesota with an office in Redwood City, California. For more information, please contact firstname.lastname@example.org.