Intertrust and EIPGRID have announced a partnership that will deliver a highly secure, efficient digital energy platform, which provides trusted distributed energy resource management (DERM) and virtual power plant (VPP) capabilities to energy companies and end users around the world. These technologies will be useful to help alleviate the worst energy crisis in decades.
Distributed energy resources such as storage, heat pumps and solar panels are indispensable for ensuring clean and resilient energy are provided to the global economy. DERM and VPP technologies leverage AI technology to match supply with demand and optimize the usage of these devices for energy efficiency. While most VPPs available today provide minimal or no security capabilities, Intertrust’s flagship product, Intertrust Platform, delivers highly secure authentication and data management capabilities that enable DERM/VPP platforms to securely support devices and integrate data from multiple vendors and sources while complying with global regulatory requirements.
“Without robust security and authentication, VPPs are ripe for malicious attacks and data breaches,“ said Tony Lee, CEO of EIPGRID. “With Intertrust Platform, we can seamlessly support a large number of secure, distributed, endpoint devices and data sets in their implementations. The result is best-in-class trust, security, and energy efficiency for our customers,” added Lee.
Intertrust Platform authenticates and secures devices and data sets using a hyperscale IoT authentication technology, XPN technology for end-to-end, persistent protection of data and advanced data governance. Coupled with EIPGRID’s advanced AI and energy management platform, the two companies will stand behind the world’s most robust and secure VPP/DERM system currently available.
“EIPGRID recognizes that VPPs are useless if compromised or when they leak data,” said Intertrust CEO, Talal G. Shamoon. “VPPs are only effective if they’re able to work securely with the largest number of distributed energy generation sources and endpoint IoT devices. Intertrust’s decades of experience authenticating billions of secure devices make us a uniquely ideal partner in this domain. We’re delighted to partner with EIPGRID to support their platform with secure, distributed management system that brings clean, cost-effective energy to global customers.”
News item from Intertrust
This is right up there with the Charles Dickens pundit: “These are the best of times, these are the worst of times…” These are the best of times for VPP and energy efficiency, these are the worst of times for cyber attacks and ransomware duplicity.