Comverge's Frank Magnotti to Head Up PJM Smart Grid Committee
EAST HANOVER, N.J., June 11, 2008 Comverge, Inc. (NASDAQ: COMV), a leading clean capacity provider through demand response and energy efficiency, announced today that Frank Magnotti, President and COO of Comverge’s Alternative Energy Resources Group (AER) has been tapped to head a committee to investigate the requirements and challenges of smart grid and advanced metering infrastructures contemplated in the PJM market.
This committee will focus on data management issues for demand response relating to settlement, baseline calculations, timely access to metering information, standardization and the impact of mass market advanced metering infrastructure (AMI) and demand response.
PJM Interconnection is a regional transmission organization (RTO) that coordinates the movement of wholesale electricity in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia. Acting neutrally and independently, PJM operates the world’s largest competitive wholesale electricity market and ensures the reliability of the largest centrally dispatched grid in the world.
Magnotti has been in the demand response industry for 17 years and is a founder of Comverge. He is also the current chairman of DRAM (Demand Response and Advanced Metering Coalition).
“This is a tremendous opportunity to study and review all the issues and challenges associated with AMI and demand response,” said Magnotti. “The goal, of course, is to connect everyone to an affordable, clean, efficient and reliable electric power source that helps reduce our carbon emissions and footprints.”
Comverge is a leading provider of clean energy solutions that improve grid reliability and supply electric capacity on a more cost effective basis than conventional alternatives by reducing base load and peak load energy consumption. For more information, visit www.comverge.com.