Press Release Summary:
Scalable for deployments of all sizes, IntelliTeamÂ® VV Volt-Var Optimization System is used for optimizing electrical distribution system voltage, power factor, and other grid operating characteristics based on real-time conditions. Solution does not require any consumer involvement to implement, and demand response load reduction also does not impact consumer. Accompanying services include analytical studies, engineer-procure-construct solutions, and asset management.
Original Press Release:
S&C Launches Optimization Solution to Improve Grid Efficiency and Stability
CHICAGO -- S&C Electric Company, a global smart grid leader, today introduces its IntelliTeam® VV Volt-Var Optimization System and related services, on the heels of its acquisition of a product and software business from CURRENT Group.
With up to seven percent of electricity lost during distribution, utilities need a way to reduce total energy purchases, improve utilization of distribution grid assets, and better meet efficiency requirements. IntelliTeam VV offers a cost-effective approach for optimizing electrical distribution system voltage, power factor and other grid operating characteristics based on real-time conditions. The technology is unique in that it is scalable for deployments of all sizes and requires no consumer involvement to implement. Deployment costs are recovered from reduction in energy used. IntelliTeam VV also offers demand response load reduction that does not impact the consumer.
"We're addressing demands placed on utilities to improve smart grid efficiency head-on with this product, which is part of S&C's Layered Intelligence(TM) solution set," says Mike Edmonds, VP, Strategic Solutions, S&C. "The technology we're bringing to market following the recent acquisition enables utilities to reduce electricity losses on distribution grids and improve stability. By leveraging existing assets such as grid devices and even advanced meters, utilities can make a big impact on overall system efficiency for a comparably small investment. This is a continuation of making the grid intelligent and responsive."
Accompanying services also introduced by S&C include analytical studies, engineer-procure-construct (EPC) solutions, and asset management. These services span the life of a volt-var optimization program, from initial project planning to definition to implementation.
"We are helping our customers navigate uncharted territory by sharing our expertise in power systems, as well as volt-var optimization programs," says Wanda Reder, VP, Power Systems Services, S&C. "Partnering together, we're able to design and implement grid optimization approaches that both meet technical requirements and exceed utility business goals."
About S&C Electric Company
S&C, with global headquarters in Chicago, USA, is applying its heritage of innovation to address challenges facing the world's power grids and is thus shaping the future of reliable electricity delivery. The mission of employee-owned S&C is to continually develop new solutions for electricity delivery, fostering the improved efficiency and reliability required for the intelligent grid. Additional information about S&C is available at www.sandc.com.