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Home - mCloud adds grid-adaptive demand management to its AssetCare for Buildings solution
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mCloud adds grid-adaptive demand management to its AssetCare for Buildings solution

by Juan Pedro Tomás June 10, 2021
written by Juan Pedro Tomás June 10, 2021 Share
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Canadian firm mCloud Technologies has added grid-adaptive demand management to its AssetCare for Buildings solution.

The new offering uses AI in the cloud to manage the electric demand of a building in direct response to signals from local utility operators, the company said.

mCloud said it is onboarding its first 20 new AssetCare customer buildings to benefit from this capability in partnership with local utilities in British Columbia, California, and New York.

Through AssetCare, mCloud offers a subscription-based solution enabling customers to automatically respond to utility requests to reduce energy consumption at peak times, an energy savings tactic called “peak demand reduction,” aimed at reducing concurrent load on a local utility grid when demand for electricity and the cost of energy are at their highest. Any utility supporting the industry-standard OpenADR protocol for grid interactivity is directly supported by AssetCare. The U.S. Department of Energy recently released a national roadmap to have every commercial building in the United States become grid-interactive through standards including OpenADR with the intent of tripling building energy efficiency using demand reduction by 2030.

AssetCare’s visual analytics capabilities add an enterprise layer enabling utility partners to continuously track peak demand reductions at the sub-asset level. Likewise, AssetCare customers can track their energy savings and reductions in their carbon footprint, the firm said.

“The vision of making every commercial building grid-interactive is now a reality with AssetCare,” said Patrick O’Neill, mCloud’s president for connected buildings. “Buildings that interact and cooperate with the grid are the future of smart, efficient buildings and mCloud offers the simplest pathway to get there.”

“When combined with our fully automated indoor air quality optimization capabilities, mCloud offers customers a unique, single solution that simultaneously makes indoor environments safe, sustainable, and remarkably energy efficient,” O’Neill added.

mCloud has recently partnered with three utilities in the United States and Canada and is actively working with them to drive adoption of AssetCare through utility-sponsored incentives. BC Hydro, the provincial utility in British Columbia, ?partnered with mCloud to offer certain commercial customers a direct incentive to make their buildings grid-responsive. The Bay Area Regional Energy Network (BayREN) in the state of California and Con Edison in New York State, two of the highest peak demand regions of the United States, are similarly partnered with mCloud to deliver energy savings.

Through mCloud’s AI-powered AssetCare platform, mCloud offers complete asset management solutions for commercial buildings, renewable energy, healthcare, heavy industry, and connected workers.

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Juan Pedro Tomás

Juan Pedro covers Global Carriers and Global Enterprise IoT. Prior to RCR, Juan Pedro worked for Business News Americas, covering telecoms and IT news in the Latin American markets. He also worked for Telecompaper as their Regional Editor for Latin America and Asia/Pacific. Juan Pedro has also contributed to Latin Trade magazine as the publication's correspondent in Argentina and with political risk consultancy firm Exclusive Analysis, writing reports and providing political and economic information from certain Latin American markets. He has a degree in International Relations and a master in Journalism and is married with two kids.

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