Holy Cross Energy Partners with Virtual Peaker to Expand Distributed Energy Resource Management Programs
Virtual Peaker, a leading cloud-based grid-edge technology company dedicated to advancing the future of energy and supporting global decarbonization goals, announced a partnership with Holy Cross Energy (HCE), a not-for-profit rural electric co-op in western Colorado, to expand HCE’s distributed energy resource (DER) management programs. By leveraging Virtual Peaker technology, HCE can control devices like batteries and EV chargers, expanding its DER program and enhancing grid efficiency.
“We are thrilled to partner with Virtual Peaker to help us move closer to our goal of 100% renewable electricity by 2030,” said Bryan J. Hannegan, President and Chief Executive Officer, Holy Cross Energy. “With Virtual Peaker’s technology, we can now maximize the potential of distributed energy resources, ensuring they can effectively balance our highly renewable power supply, helping us maintain an affordable and reliable electric service for our members.”
Virtual Peaker’s Shift Grid-Edge DERMS suite helps HCE manage residential electric demand. It applies machine learning and real-time control to internet-enabled appliances and enables HCE to control devices like batteries and EV chargers to reduce demand while minimizing the impact on the customer and leveraging distributed energy resources (DERs) to reduce cost and peak load.
“Our collaboration with Holy Cross Energy highlights the power and flexibility of our grid-edge technology,” said Dr. William Burke, Founder and CEO of Virtual Peaker. “We’re excited to empower Holy Cross Energy operators to utilize optimization-based controls for devices like batteries and EVs to grow their energy management programs.”
Virtual Peaker | www.virtual-peaker.com
Holy Cross Energy | www.holycross.com