RICHMOND, Va., July 28, 2015 /PRNewswire/ -- Today, Dominion
Voltage, Inc. (DVI), a grid optimization subsidiary of Dominion
Resources, Inc., (NYSE: D) announced full deployment of its
industry-leading Volt/VAR optimization platform with Duck River
Electric Membership Corporation, served by the Tennessee Valley
Authority (TVA).
"We expect that this project will generate energy savings from 2
percent to 4 percent annually and help accelerate the deployment of
AMI at Duck River," said Michael
Watson, president and CEO-Duck River. "The deployment of
this technology will allow us to take advantage of TVA's CVR
incentives to meet energy efficiency goals and generating savings
for our members without requiring a change in usage behavior. It's
win-win for the co-op and for our members."
"We are proud to partner with Duck River and to be working in
the TVA territory to enable the utilities in this region to achieve
the true potential of their investment in AMI," said Todd Headlee, DVI's executive director. "DVI's
EDGE technology leverages the smart grid network for Volt/VAR
optimization and voltage stabilization, which leads to a more
efficient grid."
This project is an important component of Duck River's smart
grid initiatives and will enable the utility to evaluate the
benefits of optimizing their distribution system voltage for the
purposes of energy efficiency, Volt/VAR optimization, and voltage
stabilization.
The EDGE® deployment began in June and is expected to be
complete within two years.
About DVI
DVI is a leading provider of grid analytics
and control technology, providing solutions for energy efficiency,
demand response, volt/VAR control, and system reliability. DVI's
patented approach plans, manages and validates utilities'
investments in grid optimization programs while delivering
significant savings to both utilities and their customers (US
patents 8437883 and 8577510, and other US and foreign patents
pending). For more information about DVI, visit
www.dvigridsolutions.com
About Dominion
Dominion is one of the nation's largest
producers and transporters of energy, with a portfolio of
approximately 24,600 megawatts of generation, 12,200 miles of
natural gas transmission, gathering and storage pipeline, and 6,455
miles of electric transmission lines. Dominion operates one of
the nation's largest natural gas storage systems with 928 billion
cubic feet of storage capacity and serves utility and retail energy
customers in 13 states. For more information about Dominion, visit
the company's website at www.dom.com or Dominion Energy
Solutions at www.DominionEnergy.com
About Duck River
Duck River EMC, a Touchstone Energy®
cooperative, is a not-for-profit, member owned organization
providing electric and other services to more than 71,000 homes and
businesses in southern Middle Tennessee. Duck River EMC serves an
area of approximately 2,500 square miles in Bedford, Coffee, Franklin, Giles, Grundy, Hickman, Lawrence, Lewis, Lincoln, Marion, Marshall, Maury, Moore, Rutherford, and
Williamson counties in southern Middle Tennessee.
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SOURCE DVI