EIPGRID, Intertrust to Deliver Secure Virtual Power Plant Platform

Intertrust, a distributed computing and rights management technology provider, and Korea’s EIPGRID, a distributed energy resource management firm, 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.

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.

Intertrust’s flagship product, Intertrust Platform, delivers 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  regulatory requirements.

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.”