mPrest Networks
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VECTOR BRINGS THE INTERNET OF ENERGY
Bringing together diverse standards and complex systems through a single platform.
that will be produced through large-scale generation and storage, micro storage and micro generation is completely changing. Partnering with mPrest allows us to manage complex systems in much more sophisticated ways through unprecedented integration of information and operational technologies. It will also help us to integrate our systems with the wholesale markets more easily to manage and coordinate customers’ energy use and assets in real time. We are confident this will also enable our customers to access potentially lower energy costs more easily, and better enable automation to optimise energy use and cost. Unprecedented awareness We see this ‘system of systems’ as the most comprehensive monitoring, analytical and control system available anywhere in the world. It will sit over our customer, market, distributed energy resources and network systems and manage their performance in real time. Through self-learning, it will be able to build ‘the story of the networks’ based on what has happened historically and to use artificial intelligence to optimise
We’re using world-leading technology to manage multiple technologies on our network in revolutionary ways. We call this the Internet of Energy. Traditionally the energy system from generation to distribution has been uni-directional, but the introduction of distributed energy resources is seeing that rapidly evolve into a multi-directional dynamic system. As consumers assume greater control and choice over the energy they have in their lives, how we all interact with the energy
This project represents a new level of software control for the power utility sector. [It] will allow Vector to progress its goal of expanding access to participative energy markets for its customers, save capex and opex in developing its digital power grid, improve services and create new offerings for customers.
— RON HALPERN, mPrest CHIEF COMMERCIAL OFFICER
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Vector://AR 17
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