Telvent GIT, a real-time IT solutions and information provider, has announced that it has been selected to participate in the Smart Grid Gotland demonstration project, located in a rural area of Gotland, Sweden.
The project, with a proposed budget of 25 million euros ($32 million) and partly financed by the Swedish Energy Agency, will demonstrate how new smart grid technologies can improve the electrical quality of large rural grids by utilizing large quantities of distributed power generation and advanced load management strategies. Telvent says its smart meter technology will be used to increase the involvement of end customers in the management of their electricity use.
The Smart Grid Gotland project is scheduled to begin later this year and run until 2015. It is a collaboration between a number of entities, including Telvent, Vattenfall, Gotland Energy, ABB, the Swedish National Grid and the Royal Institute of Technology.
