Catching up on the smart grid news of note, let’s start with one of the biggest acquisitions in years for French grid and power equipment giant Schneider Electric: its $5.2 billion takeover of U.K.-based industrial controls giant Invensys.
We covered the news of Schneider’s potential purchase of Invensys early last month, along with speculation that other competitors, including Emerson, Siemens, General Electric or ABB, might make counteroffers. But those competing bids failed to emerge, and last week, Schneider agreed to buy the company at a price of 502 pence a share, or £3.4 billion ($5.2 billion), with the deal expected to close in the fourth quarter of this year. Bloomberg reported this week that Schneider plans to solicit a £2.56 billion ($3.6 billion) loan to help pay for the acquisition.
via Smart Grid Roundup: Schneider to Buy Invensys, Itron Sags in Q2 : Greentech Media.
This week’s smart grid news roundup starts with a big, if belated, win for the smart meter industry in an otherwise slackening North American market. On Tuesday, after years of political wrangling, Chicago utility Commonwealth Edison finally announced the launch of its 4-million-meter AMI rollout, featuring General Electric (GE) as meter maker and Silver Spring Networks (SSNI) as networking partner.
via Smart Grid Roundup: Chicago’s Smart Meters and a Better OpenADR : Greentech Media.
Here’s a short list of interesting or noteworthy smart grid news items to start your week, starting with a reminder of how much of the world’s power grid lies underground. In Chicago, Commonwealth Edison announced Monday that it’s refurbished more than 6,200 manholes in the past year, out of a list of about 32,000 it wants to inspect and bring up to standards by 2017 as part of its multi-billion-dollar smart grid program.
via Smart Grid Roundup, From Underground and Down Under : Greentech Media.
We’ve got a lot of news on the smart grid front this week, including some updates on the industry-wide push to enlighten more and more distribution circuits and grid control centers via big data analytics.
Take outage management systems (OMS), the workhorse software and dispatch platforms that help utilities find and repair downed lines, blown transformers and other blackout-causing problems.
via Smart Grid Roundup: Of Outages, Maps and Predictions : Greentech Media.
Viridity Energy inked an agreement with GDF SUEZ Energy Resources, an industrial, commercial and institutional retail electricity provider.
The Philadelphia-based startup will offer its load management platform to GDF’s large customers. Viridity doesn’t just offer capacity demand response, but rather turns buildings into virtual power plants that can play in various demand response and ancillary markets.
via Smart Grid Roundup: Viridity, ThinkEco, WegoWise and EnerNOC : Greentech Media.
Here’s a short update of the smart grid news flowing in from across the world this week, much of it involving new mashups of communications technologies, aimed at capturing the energy efficiency potential of everything from smart-metered cities to self-powered sensors.
Let’s start with Silver Spring Networks’ (SSNI) unveiling of its project with Singapore Power. It’s the company’s first customer in Asia, and its first big customer announcement since its successful IPO earlier this month. While Singapore Power has been listed as a customer on Silver Spring’s SEC filings for some time, the two have remained tight-lipped about what they’re doing together.
via Smart Grid Roundup: Silver Spring in Singapore, EnerNOC’s Wireless Mesh : Greentech Media.
In this week’s smart grid news, we’ve got Elster emerging as a contender in the cellular smart grid space, and new projects from Itron and Echelon in two of the world’s up-and-coming smart grid markets.
Let’s take Itron’s new project in South Africa first. On Monday, the Liberty Lake, Wash.-based smart meter maker announced a $150 million project to deploy smart meters in Johannesburg for utility Edison Power Group. It’s the biggest smart meter project in South Africa to date, according to Itron, though the company didn’t disclose details.
via Smart Grid Roundup: Elster Goes Cellular, Itron Goes to Johannesburg : Greentech Media.
After years of successful pilots, NV Energy is rolling out EcoFactor’s automated energy management service to thousand of customers.
The utility, which has deployed most of its smart meters to its 1.4 million metered sites, has been focusing on the residential side of its smart grid program for years.
via Smart Grid Roundup: EcoFactor, Entouch Land Energy Control Wins : Greentech Media.
Here’s a roundup of some of the top stories in smart grid this week, starting with a deepening partnership for technology to fine-tune grid voltages to save energy, also known as volt/VAR optimization (VVO).
The partners in this case are multi-state utility AEP and Providence, R.I.-based company UtiliData, which announced Wednesday that they’ve formed a research and development agreement to better match UtiliData’s technology to AEP’s grid.
via Smart Grid Roundup: UtiliData and AEP, Space-Time Insight and SoCal Edison : Greentech Media.