DynamicDR
forecast | automate | optimize
Maximize the economics of your energy in a holistic, efficient manner. Optimize your demand response (DR) participation and manage energy costs more effectively with real-time forecasting of price, load, and coincident peaks – all within a single platform.
What Is DynamicDR?
Drive exceptional performance through insightful energy data, analytics, and forecasting
Energy market volatility can significantly impact the bottom line for large energy users, as electricity consumption is often one of the most significant operating expenses. These companies need to optimize their energy consumption to ensure they operate when it’s most economical. They care about the full scope of their energy bill, not just demand response (DR) revenue streams. Real-time analytics and efficient energy management tools are essential to achieving a holistic, optimized strategy.
Plan better and perform better with real-time insights. DynamicDR, our leading-edge event-based cost management tool, provides the insights large energy users need to identify the optimum energy management strategies. DynamicDR allows operations and P&L owners to make informed, proactive decisions around operating conditions and drive meaningful curtailment strategies and cost reductions.
How It Works
How does DynamicDR work?
DynamicDR unlocks real-time, actionable insights, enabling companies to gain visibility into their energy costs, optimize their energy assets, and make informed decisions that drive revenue growth. By leveraging the platform’s demand response optimization capabilities, companies can reduce their energy consumption during peak demand periods and avoid high energy costs while still accessing the benefits of demand response payments offsetting energy costs.
Benefits
Price avoidance + coincident peak mitigation + demand response = DynamicDR
Make informed economic decisions
Reduce energy costs through coincident peak shaving, high price avoidance, and demand response strategies based on individual use cases and thresholds.
Foresee price volatility
Mitigate exposure to energy market volatility with industry-leading accuracy. Drive positive cash flow and minimize curtailable load downtime.
Minimize operational risk
Take operational action more confidently by foreseeing price volatility, using DynamicDR’s AI/ML tools that minimize risk.
Optimize demand response
Promote demand response participation and customize economic strategy by balancing price volatility, demand response, and peak avoidance.
Maximize net revenue benefit
Optimize high price and coincident peak avoidance along with demand response objectives with DynamicDR’s algorithm.
Reduce tariff charges
Minimize and even avoid coincident peak charges, which would otherwise significantly increase energy bills.
Automate data capture
Eliminate the need for in-house data streams and ensure consistent data quality – saving time and effort while improving the accuracy of trading decisions.
Capitalize on daily analyst reports
Capitalize on our team’s expert insights into key drivers of electricity prices, including timely market developments, current-day expectations, and forward-looking predictions.
Customize decision-making
Leverage customizable dashboards to combine valuable insights with supporting evidence into a single view. Orchestrate business processes with easy API integrations.
Recommended For
Is DynamicDR right for you?
Large energy users must understand how energy market volatility affects their operations and profitability. This insight is essential to informing their demand response curtailment plan and overarching energy strategy so they can identify the best times to consume energy and shift operations to avoid peak prices. DynamicDR may be a good fit for your company if you:
Examples of such industries include:
Mining: Crypto, metal ore, and coal
Manufacturing: Heavy machinery, chemicals, electronics
Agriculture: Large-scale farming using substantial processing equipment
Forestry: Lumber production, paper mills
Transportation: Railways, shipping companies with large logistical operations and associated HVAC for product storage