Business & Finance
Business and Finance
Business and Finance
Tue, September 13, 2011 Constellation Energy Launches Its Next Generation Energy Management Application for Commercial Users
BALTIMORE--([ BUSINESS WIRE ])--Constellation Energy (NYSE: CEG) today introduced VirtuWattTM 3.0, the next generation of its online energy management application for commercial users. The companya™s [ VirtuWatt ] web application, which is also available as an iPhone® and iPad® app, enables Constellation customers to better monitor and manage their electricity use and maximize the financial benefits of load response programs through minute-to-minute meter telemetry, real-time pricing information, marketplace bidding capabilities, and automated energy curtailment strategies.
"Later this year, we will incorporate automated customer notifications for price, usage and load response compliance."
VirtuWatt 3.0 provides users the ability to customize data views, including grid load, temperature and electricity price correlation, and day-ahead and real-time locational marginal pricing (LMP), as well as create user-defined roles for data access and system functionality. Electricity usage data can be tracked by type of use (A/C, lighting, etc.) or by facility location. The application also allows users an enterprise-view of electricity usage and data grouped by independent system operator or regional transmission organization location.
aTechnology is rapidly changing the way we manage our energy use,a said Peter Kelly-Detwiler, senior vice president, load response, for Constellation Energy. aAccess to real-time pricing combined with automation has enabled customers to be much more strategic about how and when they use electricity. VirtuWatt 3.0 takes that a step further by allowing users to view their usage at an enterprise versus facility level and to develop energy management strategies based on their own parameters for price or usage.a
aWe are always looking for ways to enhance VirtuWatta™s functionality based on feedback from our customers,a adds Kelly-Detwiler. aLater this year, we will incorporate automated customer notifications for price, usage and load response compliance.a
Constellation first launched its VirtuWatt application in 2010. The company announced VirtuWatt 3.0 during GridWeek 2011 in Washington, D.C.
Constellation Energy currently manages more than 1,500 megawatts of [ load response ] for commercial and industrial customers in the PJM, New England, New York, ERCOT, California and Ontario regions. To watch a brief video about Constellation Energya™s VirtuWatt offering, please click [ here ].
iPhone® and iPad® are registered trademarks of Apple Inc.
About Constellation Energy
Constellation Energy ([ www.constellation.com ]) is a leading competitive supplier of power, natural gas and energy products and services for homes and businesses across the continental United States. It owns a diversified fleet of generating units, totaling approximately 12,000 megawatts of generating capacity, and is a leading advocate for clean, environmentally sustainable energy sources, such as solar power and nuclear energy. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. A FORTUNE 500 company headquartered in Baltimore, Constellation Energy had revenues of $14.3 billion in 2010.
