Under the theme of "march towards the virtual power plant era in forging sustainable smart city," TECO Electric & Machinery Co., Ltd. will exhibit various power-related management platform, solutions, and energy-conserving equipment during 2024 Smart City Summit and Expo opening today (March 19).
Sophia Chiu, TECO Group chairman, points out that given the trend of energy transformation and renewable-energy power generation, virtual power plant will be a solution stabilizing power supply and raising power-consumption efficiency. Consequently, in recent years TECO has spared no effort investing in renewable energy and energy-storage system engineering and management platform, helping customers cope with rising power rates and demand response contracts with Taiwan Power Company and plan demand management, so as to create economic value and forge sustainable smart city, according to Chiu.
In addition to increase of customers' power-consumption economic value, TECO's exhibition also highlights contribution to grid resilience, thereby attaining a win-win outcome for supplier and customers. For instance, after signing regular supply-capacity contracts with Taipower, operators of commercial buildings or factories with heavy peak-period power consumption can access the services of TECO's power aggregation service platform, including energy maneuvering management, surrogate operation and monitoring of contract capacity, analysis of power-consumption behavior, and power-load forecast, in order to avoid over capacity power consumption.
After engagement in Taipower's automated demand response service, drugstores and offices featuring fixed business can employ TECO's hybrid PV power air conditioning capable of maneuvering power supply sources, to double power-bill saving. In addition, TECO's smart energy-conserving health diagnosis solution for air-conditioning system can help customers with power-saving management, thereby attaining cost saving and carbon abatement.
TECO power aggregation service platform
TECO power aggregation service platform, developed by the company's general laboratory, offers six major services, namely energy maneuvering management, power-consumption behavior analysis, power-consumption load management, time power-rate management, over contract capacity management, and surrogate power trading, carrying out power maneuvering with information communication technology, so as to avoid power shortfall and cut power cost, boosting profits. TECO presents three scenarios to manifest the function of the platform in trouble shooting and problem solving:
1. Filling power shortfall with renewable energy: TECO can plan scheduling for demand response contractors, helping them tap PV power to fill power shortfall.
