in News Departments > New & Noteworthy
print the content item

Ventyx, an ABB company, has signed deals valued at $6.5 million with the primary state-based organizations responsible for operating Ecuador's transmission grid, TRANSELECTRIC and the National Energy Control Center (CENACE).

The groups will upgrade to the latest Ventyx solution for energy management and wide-area monitoring to optimize the utilization of the country's generation and transmission network assets, Ventyx says. The Ecuador Ministry of Electricity and Renewable Resources recently issued a new national smart grid policy that requires utilities to establish power grid operation and optimization strategies to support grid modernization.

The agreement, which includes long-term service, maintenance and support, will enhance the safety, efficiency and reliability of the country's power transmission network. TRANSELECTRIC and CENACE will also receive 24/7 software support from Ventyx over a multi-year term, as well as maintenance to keep Ecuador's transmission platform up to date with the latest technology standards.

The contract will also enhance interactions between TRANSELECTRIC and CENACE by upgrading both to the same version of Ventyx software - allowing each system to provide emergency backup support to the other as needed.


Hybrid Energy Innovations 2015
Latest Top Stories

Grid-Scale Energy Storage Continues Making Inroads

A new report from Navigant Research highlights the biggest markets and most popular technologies for grid-scale energy storage.


Demand Response And Renewables Help SDG&E Tackle Record-Breaking Heat Wave

San Diego Gas & Electric (SDG&E) recorded peak demand records last week and relied heavily on energy conservation, as well as imported wind and solar power, to keep the lights on.


Report: Utility-Scale Renewables Keep Getting Cheaper

A new study suggests the levelized costs of energy of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


Duke Energy Commits $500M To Major Solar Expansion In N.C.

The utility company says the investment will help further diversify its portfolio, as well as increase solar power for its North Carolina customers by 60%.


Sensus Issues Refund To SaskPower After Smart Meter Woes

As SaskPower continues to swap out its Sensus units following several meter failures, the two companies have reached an agreement in order for the utility to recover costs.

Hybrid Energy Innovations 2015
S&C Electric_id176
Future Energy_id187
edf_id180