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
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
So you think you are a DevOps warrior, huh? Put your money (not really, it’s free) where your metrics are and prove it by taking The Ultimate DevOps Geek Quiz Challenge, sponsored by DevOps Summit. Battle through the set of tough questions created by industry thought leaders to earn your bragging rights and win some cool prizes.
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
Most people haven’t heard the word, “gamification,” even though they probably, and perhaps unwittingly, participate in it every day. Gamification is “the process of adding games or game-like elements to something (as a task) so as to encourage participation.” Further, gamification is about bringing game mechanics – rules, constructs, processes, and methods – into the real world in an effort to engage people. In his session at @ThingsExpo, Robert Endo, owner and engagement manager of Intrepid D...
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, 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. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Join Impiger for their featured webinar: ‘Cloud Computing: A Roadmap to Modern Software Delivery’ on November 10, 2016, at 12:00 pm CST. Very few companies have not experienced some impact to their IT delivery due to the evolution of cloud computing. This webinar is not about deciding whether you should entertain moving some or all of your IT to the cloud, but rather, a detailed look under the hood to help IT professionals understand how cloud adoption has evolved and what trends will impact th...
Established in 1998, Calsoft is a leading software product engineering Services Company specializing in Storage, Networking, Virtualization and Cloud business verticals. Calsoft provides End-to-End Product Development, Quality Assurance Sustenance, Solution Engineering and Professional Services expertise to assist customers in achieving their product development and business goals. The company's deep domain knowledge of Storage, Virtualization, Networking and Cloud verticals helps in delivering ...
SYS-CON Events announced today that CDS Global Cloud, an Infrastructure as a Service provider, 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. CDS Global Cloud is an IaaS (Infrastructure as a Service) provider specializing in solutions for e-commerce, internet gaming, online education and other internet applications. With a growing number of data centers and network points around the world, ...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, will discuss how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team a...
SYS-CON Events announced today that Transparent Cloud Computing (T-Cloud) Consortium 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. The Transparent Cloud Computing Consortium (T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data proces...
SYS-CON Events announced today that Enzu 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. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to focus on the core of their online busine...
In the next five to ten years, millions, if not billions of things will become smarter. This smartness goes beyond connected things in our homes like the fridge, thermostat and fancy lighting, and into heavily regulated industries including aerospace, pharmaceutical/medical devices and energy. “Smartness” will embed itself within individual products that are part of our daily lives. We will engage with smart products - learning from them, informing them, and communicating with them. Smart produc...