Welcome!

News Feed Item

Eco-Shift Power Corp (ECOP) Partners With Buffalo Watt to Provide Smart Demand Response Management Software

CAMBRIDGE, ONTARIO -- (Marketwired) -- 03/03/14 -- Eco-Shift Power Corp (ECOP) has signed a Letter of Intent (LOI) with Buffalo Watt to build its exclusive software program. A leader in the design and development of energy efficiency and management software, Buffalo Watt is an integral part of ECOP's virtual power plant platform that will provide a truly sustainable profit center for its clients.

The virtual power plant platform will provide commercial/industrial energy users with the ability to transform their facilities into smart, energy efficient and cash-flow-positive buildings. This is accomplished by ECOP's state-of-the-art, IP-addressable light fixtures that will have wireless communication. ECOP's software platform can then communicate with these lights and reduce energy when there is a peak demand event based on the software-embedded algorithms managing the facility. This service will be managed by Eco-Shift Power on a 24/7 basis.

With a foundation in new-era LED lighting, as well as wireless and web-enabled technologies, Eco-Shift Power will be capable of transitioning clients' buildings from old fixed technology to the new information age, via ECOP's proprietary software.

"Our new demand response and load shedding software will provide our clients the ability to reduce electricity consumption to offset peak-demand events and participate in government energy rebate programs," says ECOP CEO Gib Wood. "Our platform and software will meet the needs of the emerging two-way partnerships between utilities and consumers, as well as develop new three-way partnerships between utilities, consumers and Eco-Shift Power."

Eco Shift Power's virtual power plant platform improves a building's lifespan and performance by "identifying problems when they occur and provides instant energy efficiency plus real-time remote control of facilities' energy, anywhere in the world," says Wood. "By implementing the platform, we provide real cost savings, reduce emissions and enhance the environment of the building and the productivity of its occupants by making it safer and more efficient, resulting in better quality control output."

"Our customers save money while evolving their facilities towards smart buildings. That gives them significant financial and competitive advantages," says Wood. "Customers such as Costco, Thyssen Krupp and BMW have been able to reduce energy costs-often by more than 50%-improve carbon footprint, monetize their lighting and HVAC assets and become financially agile in an ever-changing, volatile energy marketplace."

Eco-Shift Power and Buffalo Watt's leadership bring over 100 collective years of specialized expertise on energy markets, energy conservation, smart building development, regulatory knowledge, government & utility incentive programs, software intelligence and a broad based network of energy industry relationships that can be leveraged to bring solutions and truly sustainable profits to their clients throughout the world.

Enabling Demand Response Programs

Demand response (DR) programs are evolving due to the high cost of energy and to the ever-increasing need to reduce environmental footprint.

By enabling client participation in government-sponsored demand response programs, the Eco-Shift Power virtual power plant platform can create re-occurring revenues. During a period of high electricity demand a 'push of a button' by Eco-Shift Power reduces a client's energy costs and delivers revenue every time they curtail their energy load. "We call that truly sustainable profits," says Wood. "Saving energy and money at the same time."

According to Navigant Research, "As old coal and nuclear plants close, clean replacements are needed that can be online quickly. Conversely, as large-scale intermittent renewable resources like wind and solar power fill in this gap, they require backup solutions when the wind is not blowing and the sun is not shining. Both of these situations call for flexible resources, and automated demand response (ADR) has great promise to meet these needs."

As the power grid moves away from traditional central power plants and toward more distributed energy resources, DR is a growing part of the resource base that electric system operators use to maintain grid reliability. Navigant predicts the number of ADR-equipped sites worldwide will grow from fewer than 217,000 in 2014 to more than 1.9 million by 2023.

About Buffalo Watt

Based in Buffalo, NY, Buffalo Watt has been building and delivering leading-edge software and technology solutions for the last 20 years. Learn more about the company's solutions at http://buffalowatt.com/.

About Eco-Shift Power

Headquartered in Cambridge, ON, Eco-Shift Power Corp. (ECOP) develops best-in-class commercial/industrial lighting products, wireless energy management technologies and solutions implementation. As an emerging technology smart building energy management facilitator, ECOP procures, assembles, sells and distributes high-efficiency lighting products, along with other integrated energy management products such as online monitoring and verification reporting tools, direct load controls, activity monetization instruments, and demand response. All are delivered via Software-as-a-Service (SaaS).

Core ECOP competencies include LED expertise, microprocessor/Transmitter/wireless capability - with IP addressability creating an intelligent light and a sustainable management service platform that includes five areas for client revenue generation or costs savings:


--  reduce load during peak pricing
--  manage demand response programs
--  manageability of fixtures to reduce load
--  security
--  maintenance and management

Learn more at http://eco-shiftpower.com/.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
With over 720 million Internet users and 40–50% CAGR, the Chinese Cloud Computing market has been booming. When talking about cloud computing, what are the Chinese users of cloud thinking about? What is the most powerful force that can push them to make the buying decision? How to tap into them? In his session at 18th Cloud Expo, Yu Hao, CEO and co-founder of SpeedyCloud, answered these questions and discussed the results of SpeedyCloud’s survey.
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
Actian Corporation has announced the latest version of the Actian Vector in Hadoop (VectorH) database, generally available at the end of July. VectorH is based on the same query engine that powers Actian Vector, which recently doubled the TPC-H benchmark record for non-clustered systems at the 3000GB scale factor (see tpc.org/3323). The ability to easily ingest information from different data sources and rapidly develop queries to make better business decisions is becoming increasingly importan...
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.