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Product Overview
Overview
mPrest is a global provider of solutions for the energy and Internet of Things (IoT) sectors. mPrest has invested heavily in applying its technology to the energy industry, which is in the midst of one of the most disruptive changes since the invention of electricity – Decarbonization, Decentralization, and Digitization – driving an urgent need for integration between legacy and new technologies. mPrest's Distributed Energy Resource Management System (DERMS) can change the way distribution power utilities manage their evolving power grids, and how energy aggregators interact with the power grid and energy markets.
Business Model
- CAPEX + annual maintenance
- SaaS (annual license fee only)
- Energy Outcome as a Service (PPA)
Technology Innovations
System of Systems Orchestration Platform
mPrest's end-to-end orchestration platform allows utilities to have a coordinated, orchestrate, analyze and optimize grid edge resources across the grid in a single situational awareness and end-to-end process. This includes all front-of-meter and behind-the-meter grid edge assets, as well as all utility, market, aggregator, and DERs under a single integrated optimization load forecast and dispatch plan.
Dynamic Grid Topology Awareness
mPrest's unique dynamic grid topology awareness across FtM and BtM assets allows uniquely for:
- Network Constrain Management
- Precision Demand Response
- Optimal Plan Creation
- Grid Edge Volt VAr Control (this also requires power flow, which is yet another unique mPrest DERMS capability compared to other DERMS analytics vendors)
Cloud-based microservices architecture
- Microservices architecture: Allows for distribution system-wide DER scalability
- Cloud-based architecture: Allows for agnostic deployment strategies (on-premise, cloud, or hybrid)
- System architecture flexibility allows for a vendor-agnostic strategy, thus easily integrating with existing legacy platforms, while adding new 3rd party and mPrest products, analytics, and platforms as part of the end-to-end optimization
Applications
- Digital Grid Edge Distributed Management - An end-to-end front-of-the-meter and behind-the-meter visualization and integrated processes to assist utilities in reducing their total investment required to deliver energy to consumers, ensuring the lowest overall energy costs.
- Asset Health Management - A holistic view of the overall system to identify and measure its condition while offering a full risk assessment based on data.
- Smart City and Critical Infrastructure - It connects, integrates, and leverages data from various diverse systems and IoT sensors that smart cities need to manage. It provides a holistic view of all assets and processes while correlating multiple city disciplines and domains.