Welcome!

News Feed Item

Silver Spring Networks Enhances Smart Grid Demand Response Solution with Mobile Thermostat App and Updated Demand Optimizer Demand Response Management System Application

Today at the National Town Meeting on Demand Response and Smart Grid, Silver Spring Networks, Inc. (NYSE: SSNI) announced enhancements to its Demand Response (DR) portfolio including an open, smart grid-enabled mobile thermostat app, as well as an expanded version of Silver Spring Demand Optimizer Application. Silver Spring customers such as Baltimore Gas and Electric Company (BGE), Hawaiian Electric Company, Inc., Modesto Irrigation District (MID), Pacific Gas & Electric (PG&E), Pepco Holdings (PHI), Sacramento Municipal Utility District (SMUD), and others have leveraged Silver Spring‘s advanced metering technology to empower over 1 million customers to participate in DR programs designed to reduce peak consumption, such as dynamic pricing. Silver Spring has delivered over 18.5 million DR-ready, ZigBee-enabled endpoints globally, and Silver Spring’s broad partner ecosystem has also enabled new solutions that will help reduce utility peak load and increase customer participation in DR programs.

“Silver Spring’s open standards-based IPv6 network creates a continuous connection between utilities and their customers enabling innovative strategies for energy management and control,” said Matt Smith, Senior Director of Utility Solutions, Silver Spring Networks. “With deep adoption of our network and some of the greatest customer engagement success stories in the market, this latest extension of Silver Spring’s demand response portfolio will now offer utilities even more ways to empower their customers, grow program participation rates, and more precisely manage load.”

“We launched a residential Peak Time Rebate program, called the BGE Smart Energy Rewards® program, to empower our customers and allow them to benefit from smart meters directly,” said Ruth Kiselewich, Director, Demand Side Management Programs, BGE. “Silver Spring’s smart grid network is instrumental to the program which is helping us keep our customers’ energy costs down during summer peak hours.”

“We know our customers want to engage in ways that can help them save money and energy,” said Craig Sherman, Senior Demand Side Specialist, SMUD. “Silver Spring’s multi-application smart grid network is enabling us to offer our customers a range of smart grid-based demand response programs, helping us increase participation and satisfaction of SMUD customers.”

Delivering Open, Smart-Grid Enabled Mobile Thermostat App

Silver Spring’s expanded DR portfolio aims to help utilities transform their relationships with customers by helping them reduce bills and actively manage energy consumption, regardless of their location, and even where they don't have access to residential broadband. Today Silver Spring introduced the CustomerIQ Thermostat App, which includes both Web interfaces and a mobile app that gives utility customers smart thermostat status and remote control capabilities. The app leverages the connectivity and reliability of Silver Spring’s IPv6 standards-based network, combined with smart thermostat technology from Carrier and Energate, and can work with any ZigBee Smart Energy Protocol device. The app is available for iOS and Android devices and a web version is also available for CustomerIQ web users.

Expanded Silver Spring Demand Optimizer Application Delivers More Value

Silver Spring today also unveiled enhancements to its Demand Optimizer Demand Response Management System (DRMS) Application that delivers precision forecasts, near real-time Measurement & Verification, DR portfolio optimization and DR program management. The new Silver Spring Demand Optimizer 1.1 introduces enhanced big-data analytics along with support for additional protocols and devices, allowing for fully automated two-way demand response over the smart grid or the Internet.

The updated Demand Optimizer 1.1 will provide utilities with several key benefits, including:

  • Additional device choice for fully automated DR, by offering support for Direct-to-Grid™ Communications devices from Eaton’s Cooper Power Systems and OpenADR 2.0b compliant devices.
  • The ability to preview a DR event and forecasted load reductions in detail before dispatching to customer end devices. This reduces dispatch errors and enables better targeting of relevant participant populations for maximum load shed.
  • Saving a DR event to a template library for future use, modification, and dispatch. This allows for one-click dispatch during time-sensitive situations.

“Hawaiian Electric is deploying smart grid technology to modernize the electric system and provide a solid foundation for our community’s energy future,” said Dan Giovanni, Senior Vice President, Operations, Hawaiian Electric Company, Inc. “Silver Spring’s smart grid DR solution and new Demand Optimizer software will help further the use of demand-side resources to improve service and integrate more low-cost renewable energy to reduce Hawaii’s dependency on expensive imported oil.”

For more information on Silver Spring’s Demand Optimizer Application, visit: www.silverspringnet.com/demandoptimizer.

Silver Spring at National Town Meeting on Demand Response and Smart Grid This Week

To learn more about Silver Spring’s Demand Response solutions and offerings, please visit the Silver Spring Booth (#14) at the National Town Meeting on Demand Response and Smart Grid on May 20-21 in Washington, D.C.

Silver Spring will also present on “The Continuously-Connected Utility: Leveraging the Smart Grid for Real-Time Insights” at the National Town Meeting’s “Making the Grid More Efficient Without the Customer” break-out session on Wednesday May 21 from 1:15-2:15pm EDT.

For more information, visit: http://www.demandresponsetownmeeting.com/

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 over 18.5 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.

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 the performance and capabilities of Silver Spring’s technology and solutions, and the benefits utilities and their customers may realize from Silver Spring’s technology and solutions. 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 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
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to ov...
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, 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 ad...
Everywhere we turn in our industry we can find strong opinions about the direction, type and nature of cloud’s impact on computing and business. Another word that is used in every context in our industry is “hybrid.” In his session at 20th Cloud Expo, Alvaro Gonzalez, Director of Technical, Partner and Field Marketing at Peak 10, will use a combination of a few conceptual props and some research recently commissioned by Peak 10 to offer a real-world consideration of how the various categories of...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
SYS-CON Events announced today that Interoute has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Interoute is the owner operator of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fiber, 15 data centers, 17 virtual data centers and 33 colocation centers, with connections to 195 additional partner data centers. Our full-service Unifie...
SYS-CON Events announced today that CollabNet, a global leader in enterprise software development, release automation and DevOps solutions, will be a Bronze Sponsor of SYS-CON's 20th International Cloud Expo®, taking place from June 6-8, 2017, at the Javits Center in New York City, NY. CollabNet offers a broad range of solutions with the mission of helping modern organizations deliver quality software at speed. The company’s latest innovation, the DevOps Lifecycle Manager (DLM), supports Value S...
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus intern...
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
SYS-CON Events announced today that EARP Integration will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. EARP Integration is a passionate software house. Since its inception in 2009 the company successfully delivers smart solutions for cities and factories that start their digital transformation. EARP provides bespoke solutions like, for example, advanced enterprise portals, business intelligence systems an...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...