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California awaits an energy boost

Energy Financial Settlements Patent Forecast®

May 23, 2019

Schneider Electric has partnered with Navigant Research to look into upgrading California's energy infrastructure through EaaS solutions. Schneider Electric is a large corporation that specializes in the digital transformation of energy management and automation, and it has many patents to support its goals. In fact, its most recently issued patent in the Energy Financial Settlement sector is directed to managing an electrical distribution system in a facility, which will be important in this partnership. The company's VP said that "California's critical facilities and municipalities need to be evaluating microgrids as part of their overall energy strategy," and with Navigant Research's market research data, Schneider Electric is expected to help the state make important energy infrastructure decisions.


Relevant Patent Documents

Patent US10025337  

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Decentralization of the world's electrical power generation continues with the introduction of demand response, distributed generation, and microgrid technologies. This Patent Forecast evaluates the fundamental payment and settlement state of the art of clearing and processing energy payment transactions.

Energy Financial Settlements   Patent Forecast®

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Decentralization of the world's electrical power generation continues with the introduction of demand response, distributed generation, and microgrid technologies. This Patent Forecast evaluates the fundamental payment and settlement state of the art of clearing and processing energy payment transactions.



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