Seoul, South Korea and San Francisco, United States – Intertrust, a provider in trusted distributed computing and rights management technology, and Korea’s EIPGRID, a provider in distributed energy resource management, have announced a partnership that will deliver a highly secure, 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 optimise 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,“ says 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,” adds 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 secure VPP/DERM system currently available.
“EIPGRID recognises that VPPs are useless if compromised or when they leak data,” says 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.”
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- Source: https://www.iot-now.com/2023/01/30/127256-eipgrid-intertrust-partner-to-deliver-secure-virtual-power-plant-platform/
