GRID20/20, Inc. and GRIDiant Corporation Establish Strategic Partnership to Integrate Grid Monitoring, Management, and Analytics for Municipal and Cooperative Utilities
Companies Collaborate to Optimize Utility Power Distribution System Performance
SAN DIEGO - MUNICIPAL SMART GRID SUMMIT - GRID20/20, Inc., GRID20/20, a leading electric distribution management company, announced today a strategic partnership with GRIDiant® Corporation to integrate GRID20/20's OptaNODE Distribution Transformer Monitors with GRIDiant's Advanced Grid Management software system. The combined "GRID20/20 Suite" will provide first-of-a-kind grid monitoring, visualization, analytics, and optimization to the municipal and cooperative utility industry worldwide.
Both platforms have been developed and tested extensively over several years at major utilities including British Columbia Hydro, Duke Energy, Milton Hydro, Pepco, Puerto Rico Electric Power Authority, Sacramento Municipal Utility District, Southern California Edison, and Silicon Valley Power. The unique GRID20/20 Suite is scheduled for commercial release in the summer of 2012, with initial pilots planned at selected North American municipal and cooperative utilities. The first joint application will assist utilities in several valuable areas including the detection and prevention of power pilferage. Stolen power has become a sizeable and ever-growing problem in electric distribution systems resulting in significant revenue loss for many utilities.
"Our partnership with GRIDiant combines powerful best practices in electric distribution monitoring, management and analytics. These features are essential to optimizing the efficiency and reliability of utilities' power distribution systems," said Alan Snook, president of GRID20/20. "Our best-in-class monitoring devices, which can be installed in mere minutes, capture critical performance data from the grid that is analyzed and displayed by GRIDiant's software suite in real time. These data enable utility operators to pinpoint performance anomalies, conduct preventive maintenance, and ensure that power flows are operating at peak efficiency."
GRID20/20 delivers industry-leading distribution transformer monitoring solutions for domestic and international markets. Its OptaNODE Distribution Transformer Monitors (DTMs) feature the fastest installation in the market, strict adherence to key safety standards and require no de-energizing during deployment. Combined with GRIDiant's extensive analytics, GRID20/20 delivers automated power distribution optimization solutions that enable municipal and cooperative utilities to realize accelerated ROI.
"Our collaboration with GRID20/20 - who is supplying vital points of data at the transformer - enables us to create an analytic model of the entire distribution system," said Andy Colman, CEO of GRIDiant Corporation. "By comparing dynamic power flow calculations of what the grid should be doing against real-time performance data across transformers, power lines and feeders into the substation, we provide critical visibility into the entire distribution system. This provides utilities with the ability to pinpoint suboptimal performance immediately."
About GRIDiant®
GRIDiant provides the Advanced Grid Management (AGM(TM)) suite of analytics and optimization software, a unique platform of applications for electric power networks driven by its patented GRIDfast(TM) engine. Developed and validated over 10 years, GRIDiant AGM allows electric utilities to optimize in real-time the operations and planning of their transmission, distribution, and combined T&D networks. GRIDiant AGM allows electric utilities to leverage DTM, AMI, OMS, GIS, SCADA or other data to realize savings through improved reliability, reduced line losses, heightened operating efficiency, increased asset utilization and enhanced demand response. For more information, please visit gridiantcorp.com.
About GRID20/20
GRID20/20 enables electric utility operators to proactively maximize grid efficiency and reliability. Through its patented OptaNODE DTM solutions, GRID20/20's customers achieve Advanced Grid Intelligence by capturing and leveraging key data points within the distribution space. The versatility of GRID20/20's solution is demonstrated through its unique form factor design, and its communications flexibility. Utility operators can now benefit from aggregating multiple reconciliation points including substations, distribution transformers, and customer meters. GRID20/20 opens the door to meaningful Distribution Optimization and Distribution Automation value propositions. For more information, please visit grid2020.com.
Contact:
Lawrence Chalupsky
GRID20/20
+1 855-GRID2020
www.grid2020.com
Kelly Dietz
GRIDiant Corporation
+1 650-641-1371
www.gridiantcorp.com
SOURCE
GRID2020.com
Web Site: grid2020.com
