Power Analytics Named Leading Software Company in Microgrid Space
San Diego, Calif., Jan. 13, 2014 – In a new Microgrids Report, Navigant Research has named Power Analytics Corp. one of the three leading software companies participating in the growing microgrid space. The report, “Microgrids”, profiles key market players and analyzes the global market for microgrids in five key segments (commercial/industrial, community/utility, campus/institutional, military, and remote) and two new sub segments (grid-tied UDMs and DC microgrids).
“Power Analytics is among a host of innovators addressing the increasing complexity of resources being integrated into microgrids,” said Peter Asmus, principal research analyst with Navigant Research. “As a cornerstone to the large microgrid operating at the University of California, San Diego, it is on the cutting edge of modeling and real-time optimization that is often necessary for larger and sophisticated microgrid deployments. Its current work with the U.S. Navy is also demonstrating that microgrids can create value streams for larger utility systems.”
Power Analytics is now working on the Department of Defense’s Environmental Security Technology Certification Program (ESTCP) project to demonstrate the management and control of a secure cluster of microgrids at three U.S. Navy facilities in the San Diego area, improving energy security, reducing costs, and fully integrating renewable energy sources into the military electrical infrastructure.
"Microgrids" provides an analysis of the market issues, including business cases, opportunities, and implementation challenges, associated with microgrids. The report also examines the main technologies related to microgrids and identifies nine different business models applicable to microgrid development. An executive summary of the report is available for free download on the Navigant Research website.
About Power Analytics Corporation
Used by the power industry for more than 25 years, Power Analytics’ software solutions have surged to the forefront of the electrical system planning, operation and smart grid market space for use in energy intensive, mission-critical facilities and microgrids. Paladin® products currently protect more than $120 billion in customer assets including financial data centers, air traffic control sites, military installations, deep sea oil platforms, and power generation and distribution facilities. The company is a small business with headquarters in San Diego, Calif., and a smart grid center of excellence in Raleigh, N.C.
Power Analytics’ Paladin Software gives energy management and electrical engineering professionals control over their critical power infrastructures from design and modeling to simulation and analysis, saving hundreds of thousands of dollars, minimizing downtime, recovering stranded load capacity, reducing energy costs and optimizing business continuity. For more information about Power Analytics and its products, visit www.PowerAnalytics.com.
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