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GridSynergy promises a less costly way to maximize grid assets
Green Charge Networks says its new GridSynergy platform can help electric utilities maximize grid assets while spending three to 10 less than hardware upgrades. The software provides real-time updates on the status of grid assets, recommendations for load relief and subsequent execution of load relief. According to a company press release, GridSynergy can turn vast amounts of data into actionable intelligence, allowing utilities to increase asset utilization, reduce capital expenditures, meet demand growth and integrate demand response and demand generation into grid operations.
Vic Shao, GCN's Chief Technology Officer in charge of the GridSynergy development, explains: "The commercial energy consumption market totals $40 billion annually and electricity is growing as the primary energy source. Utilities will be faced with huge construction expenditures if they rely on hardware versus software solutions to meet the growing demand." Read more >>
Dascom Systems Group is collaborating with Alcatel-Lucent on the expansion of Dascom’s Private Digital Network (PDN) and private cloud offerings to include smart grid and other utility applications. The companies believe cloud services are an attractive option for electric utilities deploying smart grid applications to improve energy reliability, quality and efficiency while empowering consumers. They suggest the new business model can lower the cost of deployment and speed deployment of smart grid apps. Read more >> . You might also be interested in…
6 new smart grid (and related) technologies: Brilliant or bizarre?
Power shopping: 6 new solutions tackle substation security, Big Data, CIS (and more)
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