Welcome!

News Feed Item

Silver Spring Networks Announces Teaming Agreement With Smarter Grid Solutions

Silver Spring Networks, Inc. (NYSE:SSNI), a leading networking platform and solutions provider for smart energy networks, today announced a teaming agreement with Smarter Grid Solutions, a leading European vendor of Distributed Energy Resources (DER) integration solutions. Customers will be able to leverage a solution that integrates Smarter Grid Solutions’ autonomous grid management technology with Silver Spring’s proven IPv6 smart grid networking platform. Together, this enables electrical grid operators to proactively manage renewable energy sources and grid devices. The innovative approach provides effective monitoring and management of grid constraints and improves the overall reliability and efficiency of the grid.

The Rt Hon Alex Salmond MSP, First Minister of Scotland, joins James Pace, Managing Director, Europe ...

The Rt Hon Alex Salmond MSP, First Minister of Scotland, joins James Pace, Managing Director, European Markets, Silver Spring Networks and Dr. Bob Currie, CTO, Smarter Grid Solutions at the signing of the teaming agreement. (Photo: Business Wire)

The joint solution builds on Silver Spring and Smarter Grid Solutions’ existing engagement at the successful Flexible Plug and Play project, delivered to client UK Power Networks, the distribution network operator for London, and the South East and the East of England. In the Flexible Plug and Play (FPP) project, Silver Spring’s networking technology connects an array of distribution equipment across a deployment of intermittent wind and solar resources in Cambridgeshire, UK. This deployment also successfully demonstrated the use of the IEC 61850 protocol across a radio mesh field area network.

At the core of the FPP project, Smarter Grid Solutions’ Active Network Management technology monitors the electricity grid using data provided by Silver Spring’s field area network. The system autonomously calculates the available capacity of the grid and issues real-time control instructions to participating DERs. The project has delivered significant savings to UK Power Networks on the capital expenditures otherwise required to reinforce the project area.

“Utilities have enormous challenges in maintaining reliability while integrating new sources of generation using traditional network reinforcement and reliability schemes,” said Eric Dresselhuys, Executive Vice President of Global Development, Silver Spring Networks. “By offering this proven solution to our customers, Silver Spring and Smarter Grid Solutions are enabling utilities, and ultimately the end consumer, to save money and enjoy the benefits of a cleaner, more reliable and more efficient energy grid.”

“In the course of delivering several successful projects, we have found that many utilities were making long-term grid reliability decisions without fully integrating their strategy for the underlying communications fabric,” said Gerry Docherty, Chief Executive, Smarter Grid Solutions. “In order to run the next generation of distributed, intelligent applications, we need reliable, responsive communications infrastructure that doesn't risk the fundamental utility business case. Silver Spring’s proven IPv6 networking platform makes them the ideal partner to ensure these criteria are met.”

To commemorate the new Silver Spring and Smarter Grid Solutions teaming agreement, the Rt Hon Alex Salmond MSP, First Minister of Scotland, joined executives from both companies at a signing ceremony that also celebrated the official opening of Smarter Grid Solutions’ North American headquarters in New York City.

Note to Editors: Photo Attachment

The Rt Hon Alex Salmond MSP, First Minister of Scotland, joins James Pace, Managing Director, European Markets, Silver Spring Networks and Dr. Bob Currie, CTO, Smarter Grid Solutions at the signing of the teaming agreement.

Join the Silver Spring Networks Conversation

About Silver Spring Networks

Silver Spring Networks is a leading networking platform and solutions provider for smart energy networks. Silver Spring’s pioneering IPv6 networking platform, with more than 18 million Silver Spring enabled devices delivered, is connecting utilities to homes and business throughout the world with the goal of achieving greater energy efficiency for the planet. Silver Spring’s innovative solutions enable utilities to gain operational efficiencies, improve grid reliability, and empower consumers to monitor and manage energy consumption. Silver Spring Networks’ customers include major utilities around the globe such as Baltimore Gas & Electric, CitiPower & Powercor, Commonwealth Edison, CPS Energy, Florida Power & Light, Jemena Electricity Networks Limited, Pacific Gas & Electric, Pepco Holdings, Progress Energy and Singapore Power, among others. To learn more, please visit www.silverspringnet.com.

About Smarter Grid Solutions

Smarter Grid Solutions creates and delivers technologies that help electricity distribution companies and utilities to integrate Distributed Energy Resources (DER). The company specializes in Active Network Management, which uses software, automation and control to monitor the electricity grid in real time. This allows power companies to improve the operation of their electricity grid and manage their connected customers, without compromising safety and security. Smarter Grid Solutions is a leading European vendor of DER integration solutions. It services customers worldwide and is headquartered in Glasgow, with offices in London and New York. Investors include Scottish Equity Partners, the Scottish Investment Bank and the University of Strathclyde. http://www.smartergridsolutions.com

About UK Power Networks

UK Power Networks distributes more than a quarter of the UK’s electricity through its networks of substations, underground cables and overhead lines making sure the lights stay on across London, the South East and the East of England. The company’s 5,200 employees are dedicated to delivering a safe, secure electricity supply to 8.1 million homes and businesses regardless of who they pay their energy bills to. The industry regulator Ofgem sets an allowed revenue to distribution companies so that they can maintain safe and reliable electricity supplies. UK Power Networks invests more than £500 million in its electricity networks every year and is also undertaking trials to ensure that electricity networks support the transition to a low carbon future. It also maintains and upgrades power equipment, and moves and connects new electricity cables. If customers are unfortunate enough to be affected by a power cut or have another issue with the electricity supply to their property, they should contact UK Power Networks. www.ukpowernetworks.co.uk

Forward-Looking Statements

This press release contains forward-looking statements about Silver Spring Networks’ expectations, plans, intentions, and strategies, including, but not limited to statements regarding Silver Spring Networks’ teaming agreement with Smarter Grid Solutions, the performance and capabilities of the joint solution, and cost savings and other benefits customers and end consumers may realize from the joint solution. Statements including words such as "anticipate", "believe", "estimate", "expect" or “future” and statements in the future tense are forward-looking statements. These forward-looking statements involve risks and uncertainties, as well as assumptions, which, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties include the successful implementation of the teaming agreement between Silver Spring Networks and Smarter Grid Solutions, as well as those described in Silver Spring Networks' documents filed with or furnished to the Securities and Exchange Commission. All forward-looking statements in this press release are based on information available to Silver Spring Networks as of the date hereof. Silver Spring Networks assumes no obligation to update these forward-looking statements.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
Deploying applications in hybrid cloud environments is hard work. Your team spends most of the time maintaining your infrastructure, configuring dev/test and production environments, and deploying applications across environments – which can be both time consuming and error prone. But what if you could automate provisioning and deployment to deliver error free environments faster? What could you do with your free time?
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
SYS-CON Events announced today that StarNet Communications will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. StarNet Communications’ FastX is the industry first cloud-based remote X Windows emulator. Using standard Web browsers (FireFox, Chrome, Safari, etc.) users from around the world gain highly secure access to applications and data hosted on Linux-based servers in a central data center. ...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...