RICHMOND, Va., Jan. 16, 2018 /PRNewswire/ -- Today,
Dominion Voltage Inc. (DVI), a subsidiary of Dominion Energy (NYSE:
D) and leader in Volt/VAR optimization "VVO" solutions, announced
it plans to work with the energy companies of Ontario to help deliver on the goals outlined
in the government's Long-Term Energy Plan.
The enhancements to the Plan are important step to unlocking the
full energy savings potential available in the modern distribution
system, estimated to save 185 megawatts annually, establishing
Ontario as a leader in energy
conservation.
"Hydro Ottawa applauds the recent decision by the Ontario
Ministry of Energy to allow in front of the meter conservation such
as CVR to count toward an electric distribution company's energy
savings targets," said Julie
Lupinacci, Chief Customer Officer, Hydro Ottawa. "We
have been piloting smart meter-enabled voltage reduction over the
past year and while the final results aren't in, we expect we will
see persistent, measurable energy savings without requiring any
change in customer behavior."
"DVI appreciates the opportunity to provide the technology and a
way forward for Ontario to reach
its goals," said Todd Headlee,
executive director-DVI. "VVO is an important building block in any
long-term conservation program as evidenced by the project at Hydro
Ottowa. The savings potential across all of Ontario is tremendous."
Last October, the Ontario Ministry of Energy released their
updated Plan. One of the many innovative features was the inclusion
of in front of the meter ("IFMC") technologies to help meet the
aggressive goal to achieve energy reduction of seven terawatts by
2020, established by the Conservation First policy in 2015.
New to the plan are the inclusion of two IFMC technologies,
including VVO and phase balancing. Navigant, a leading utility
consultant, estimates that the inclusion of these technologies can
result in an annual demand reduction potential of 185 megawatts and
energy savings of 1,130 gigawatt hours once implemented.
DVI will be demonstrating EDGE® and its other offerings at booth
#1501 at DistribuTECH, the leading annual electric power
transmission and distribution conference & exhibition event,
from January 23rd –
25th, 2017 in San Antonio,
Texas.
About DVI
DVI is the leading provider of Volt/VAR optimization technology,
providing solutions for energy efficiency, demand response,
Volt/VAR control, and system reliability. DVI's patented approach
plans, manages and validates utilities' grid optimization programs
while delivering significant savings to both utilities and their
customers (U.S. patents 8437883, 8577510, 9354641, 9563218,
9582020, and other U.S. and international patents pending). For
more information about DVI, visit www.dvigridsolutions.com.
About Dominion Energy
Dominion Energy (NYSE:D) is one of the nation's largest
producers and transporters of energy, with a portfolio of
approximately 25,700 megawatts of generation, 15,000 miles of
natural gas transmission, gathering and storage pipeline, and 6,600
miles of electric transmission lines. Dominion Energy operates one
of the nation's largest natural gas storage systems with 1 trillion
cubic feet of storage capacity and serves more than 6 million
utility and retail energy customers. For more information about
Dominion Energy, visit the company's website at
www.dominionenergy.com.
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SOURCE Dominion Voltage Inc.