{"id":15703,"date":"2023-02-01T22:00:00","date_gmt":"2023-02-01T22:00:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4003257_AE03257_0"},"modified":"2023-02-01T22:00:00","modified_gmt":"2023-02-01T22:00:00","slug":"mprest-selected-as-derms-provider-for-energy-queensland","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=15703","title":{"rendered":"mPrest selected as DERMS Provider for Energy Queensland"},"content":{"rendered":"<table name=\"logo_release\" border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1994451\/LOGO_HIRES_Logo.jpg?p=medium600\" border=\"0\" alt title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>mPrest teams up with Energy Queensland, one of <span class=\"xn-location\">Australia&#8217;s<\/span> largest electricity distribution organizations, to provide a grid topology aware DERMS supporting Energy Queensland&#8217;s large current and expanding install-base of DERs and DER programs<\/b><\/p>\n<p><span class=\"xn-location\">TEL AVIV<\/span> and <span class=\"xn-location\">BRISBANE, Australia<\/span>, <span class=\"xn-chron\">Feb. 2, 2023<\/span> \/PRNewswire\/ &#8212;&nbsp;<a href=\"http:\/\/www.mprest.com\/\" target=\"_blank\" rel=\"nofollow noopener\">mPrest<\/a>, a leading developer and provider of dynamic grid aware Distributed Energy Resource Management Systems (DERMS) for utilities,&nbsp;and Energy Queensland, one of <span class=\"xn-location\">Australia&#8217;s<\/span> largest wholly government-owned electricity companies, announced today their teaming up to deliver a dynamic grid topology aware, distribution utility focused DERMS project, with a goal of orchestrating and optimizing energy from over one million Distributed Energy Resources (DERs), and DER &amp; load control programs.<\/p>\n<p>Energy <span class=\"xn-location\">Queensland<\/span> already leads the world with rooftop solar penetration. As <span class=\"xn-location\">Queensland<\/span> adds more renewable generation to the grid, this creates challenges for managing voltage and thermal limits on the distribution network, and more broadly, effects system-wide stability. Managing this increase in DERs and optimizing DER flexibility becomes critical so that Energy Queensland can achieve its strategic objectives for its customers.<\/p>\n<p>&#8220;The Australian market is an advanced and fully deregulated renewable energy market&#8221; said <span class=\"xn-person\">Ron Halpern<\/span>, mPrest&#8217;s Chief Commercial Officer.&nbsp; &#8220;Such a scenario, of Virtual Power Plants (VPPs) and DER energy trading with the energy market, combined with <span class=\"xn-location\">Australia&#8217;s<\/span> high DER penetration, introduces distribution grid constraint challenges.&nbsp; We&#8217;re excited to implement within our mDERMS Dynamic Operating Envelopes (DOEs) &#8211; which are power envelopes that the distribution utility can apply to grid imports and exports, thus enabling dynamic management of grid constraints with minimal impacts on customers.&nbsp; We expect this model to be adopted in other regions around the world as well.&#8221;<\/p>\n<p><b>About Energy Queensland:<\/b>&nbsp; Energy Queensland is a wholly government-owned electricity company.&nbsp; Our &#8216;poles and wires&#8217; businesses, Ergon Energy Network and Energex, deliver electricity across <span class=\"xn-location\">Queensland<\/span>. We energise the lives of more than five million Queenslanders through more than 200,000 kilometres of electricity networks, and 33 stand-alone microgrids. Our retailer, Ergon Energy Retail, sells this electricity to its 758,000 customers throughout regional <span class=\"xn-location\">Queensland<\/span>, with generation, energy trading and retailing capabilities. Our customer numbers make us the fourth largest retailer in the National Electricity Market (NEM).&nbsp; Visit us at <a href=\"https:\/\/www.energyq.com.au\/\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/www.energyq.com.au\/<\/a>.<\/p>\n<p><b>About mPrest:<\/b>&nbsp;<b>Empower Digital Transformation. Now.<\/b><br \/>Leveraging its unparalleled experience and expertise in real-time mission-critical command and control software, mPrest has developed the world-leading distributed asset orchestration and optimization software. mPrest&#8217;s micro-services based, real-time orchestration and optimization platform brings the power of AI and IoT to the digital transformation of the energy and other industrial IOT markets. mPrest&#8217;s applications suite, including Distributed Energy Resources Management Systems (DERMS) and Asset Health Management (AHM) are deployed on premise or in the cloud in record time in the most forward-looking and efficient organizations worldwide, including some of the world&#8217;s largest energy companies. mPrest&#8217;s vendor-agnostic product suite interfaces with millions of sensors, devices, machines, assets, subsystems, IT and OT applications, creating a system of systems that provides end-to-end visibility and control over complex and distributed operations. Visit us at&nbsp;<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=nJ0QNFcfy0jgN1lxidauiFUWmf85MekhqpY2eILXYEvLIXHAET2BUp9qnC-U6sUY_KRGoda__ZRlW5BT2uXefg==\" target=\"_blank\" rel=\"nofollow noopener\">www.mprest.com<\/a>.<\/p>\n<p>Contact:<br \/><a href=\"mailto:info@mprest.com\" target=\"_blank\" rel=\"nofollow noopener\">info@mprest.com<\/a>&nbsp;<\/p>\n<p>Logo &#8211;&nbsp;<a href=\"https:\/\/mma.prnasia.com\/media2\/1994451\/LOGO_HIRES_Logo.jpg?p=medium600\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/mma.prnasia.com\/media2\/1994451\/LOGO_HIRES_Logo.jpg?p=medium600<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>mPrest teams up with Energy Queensland, one of Australia&#8217;s largest electricity distribution organizations, to provide a grid topology aware DERMS supporting Energy Queensland&#8217;s large current and expanding install-base of DERs and DER programs TEL AVIV and BRISBANE, Australia, Feb. 2, 2023 \/PRNewswire\/ &#8212;&nbsp;mPrest, a leading developer and provider of dynamic grid aware Distributed Energy Resource [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-15703","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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