in News Departments > New & Noteworthy
print the content item

Siemens' Smart Grid division and Utilicase have entered into a collaboration agreement to offer a combined solution linking smart grid functionality with enterprise asset management for the North American market.

According to the companies, this agreement will allow utility customers to integrate their latest smart grid investments in asset performance assessment, operations with maintenance and capital investment strategies.

"As consumers look for ways to better manage their energy consumption, this solution will help utilities better utilize internal resources to improve grid dependability for their customers," says Thierry Godart, president of Siemens Smart Grid in North America.

The combined solution will be modular and capable of being phased in over a multi-year period. The companies say this approach allows the customer to ensure that benefits are realized incrementally over time while minimizing implementation risk and business process disruption.

“The goal is not to replace the investment made by utilities recently in enterprise asset management, but to leverage the Utilicase EPS-M platform coupled with Siemens’ asset and operational knowledge to make the existing information actionable and provide critical insight into grid reliability and risk,” says Spero Mensah, CEO of Utilicase.

Siemens Smart Grid and Utilicase will be conducting joint presentations to customers over the coming months to introduce the combined solution and its benefits.

The joint agreement is an extension of an existing relationship between Siemens and Utilicase. Both companies have worked together on past projects to deliver a joint customer solution in energy automation.




Hybrid Energy Innovations

Hybrid Energy Innovations 2015
Latest Top Stories

To Help Combat Costly Electricity Theft, Emerging Markets Turn To Smart Grid Infrastructure

According to a new report, the world loses a whopping $89.3 billion to electricity theft annually, and emerging country markets are feeling a majority of the pain.


Report: Utilities Face Big Revenue Cuts From Distributed Energy Resources

According to a new report from Accenture, the growth of solar and other resources, such as energy storage, could mean significant losses for utilities.


NextEra To Acquire Hawaiian Electric In $4.3 Billion Merger Deal

If approved, the agreement between the two energy companies would produce one of North America's largest renewable energy players.


EPA Racks Up Over 1.6 Million Comments On Carbon Pollution Plan

Months after the U.S. Environmental Protection Agency released its Clean Power Plan, which will create new regulations for existing power plants, the agency says it has received loads of feedback to consider.


Smart Grid Interest Continues To Spread Among U.S. Rural Utilities

A new survey gauges rural smart grid efforts across the country and offers key findings, one of which is that nearly all utilities polled are doing something to modernize their systems.

S&C Electric_id176
edf_id180