in News Departments > New & Noteworthy
print the content item

Energy management specialist Schneider Electric and AREVA, a supplier of advanced technology solutions for power generation, have signed a strategic partnership agreement to develop energy management and storage solutions based on hydrogen fuel cell technology.

Under the terms of the agreement, Schneider says both companies will combine their expertise in order to design and propose energy storage solutions that help guarantee the reliability of electrical grids for isolated sites and areas where access to power is limited.

According to Schneider, AREVA will provide the Greenergy Box energy storage solution made with an electrolyzer and fuel cell. This solution, Schneider adds, is used to store hydrogen and oxygen from water electrolysis during periods of low energy demand in order to produce electricity during peak consumption periods.

The company notes that the agreement will help enable Schneider to achieve grid parity for renewable energy while managing intermittency and optimizing network connection.

"This agreement will create a robust commercial partnership for deploying an innovative solution in energy storage," comments Schneider's Frederic Abbal.


Hse SandyHook
Latest Top Stories

SaskPower Halts Smart Meter Installations Following Fires

The Canadian utility has suspended its smart meter deployment as it investigates half a dozen fires associated with the meters.


New Study Underscores Value Of Customer Engagement, Ranks Most-Trusted U.S. Utilities

According to the report, which analyzes 125 utilities across the country, earning a customer's trust can lead to monetary gains.


Washington State Doles Out Cash For Utility Energy Storage Projects

Three utilities have been awarded millions of dollars in grants to explore energy storage technology that could help integrate renewable and improve the power grid.


Utilities Reveal Just How Much Customers Are Saving With Energy Efficiency Programs

Two U.S. utility companies have issued progress reports and solid numbers regarding their respective initiatives.


Middle East And North African Countries To Spend Billions On Smart Grids, Solar Integration

According to a new report from Northeast Group LLC, the MENA region will make big investments to modernize the grid and add more solar power by 2024.

S&C Electric_id176
edf_id180