Science & Technology
Science and Technology
Science and Technology
Wed, February 9, 2011
Danish Utility SEAS-NVE Achieves Nearly 100% Reliability Using Echelon Based Smart Grid Solution
SAN JOSE, Calif.--([ BUSINESS WIRE ])--Echelon Corporation (NASDAQ:ELON) announced today that SEAS-NVE, Denmarka™s largest consumer-owned utility, is achieving nearly flawless meter reading performance from their smart grid project using Echelona™s NES System. Results to date for the 200,000 homes connected thus far show that hourly collection of extended load profile data (a customera™s energy use over time) is consistently within a 99.7% to 100% performance range. The extended load profile data is equivalent to over 400,000 meters readings in less than 4 hours. The project is saving SEAS-NVEa™s customers 16% in energy use.
"Nearly flawless performance coupled with happy consumers is a remarkable achievement. Engaging our customers, the consumer, in the process from its inception was key in rolling out a smart grid system that is both welcomed into their homes, and provides real, tangible savings every month."
aThe performance of the NES based solution that Eltel Networks has built for us has exceeded even our very high expectations,a said Peter Holm Westergaard Iversen, SEAS-NVEa™s CTO. aNearly flawless performance coupled with happy consumers is a remarkable achievement. Engaging our customers, the consumer, in the process from its inception was key in rolling out a smart grid system that is both welcomed into their homes, and provides real, tangible savings every month.a SEAS-NVE targeted a low customer complaint rate of 5% for the project. To date their complaint rate of 0.5% is ten times better then target.
In 2008, SEAS-NVE awarded an advanced metering infrastructure project to Eltel Networks A/S for more than 380,000 homes. According to Mr. Iversen, the project was conceived of and aconducted like a concert,a coordinating the many moving parts from educating installers as to how to speak to customers in their homes to integrating the advanced meter data management system. The Eltel provided solution sets the foundation for future consumer services.
aWe delivered an extremely advanced, long-term infrastructure solution to SEAS,a said Sonny Nielsen, Eltel Denmarka™s CEO. aThe NES based solution is truly multi-purpose a" it is able to deliver smart grid applications such as micro-grid management, outage avoidance and restoration, and in-home services.a The NES System is based on the Open Smart Grid Protocol (OSGP) standard to ensure long-term and varied industry support.
aOur solution is distinguished by a wide range of applications and real world performance,a said Michael Anderson, Echelona™s senior vice-president, utility market. aEchelona™s goal is to provide a system that performs beyond our customersa™ expectations day-in and day-out; and serves their needs as they evolve for decades into the future. The SEAS-NVE project is exactly what consumers should expect from their own utility a" nearly flawless execution and operation, extremely satisfied customers, and tangible bottom line value.a
More information about Echelona™s smart gird vision and the NES System can be [ http://www.echelon.com/solutions/smartgrid/ ].
About Echelon Corporation
Echelon Corporation ([ NASDAQ ]:[ ELON ]) is leading the worldwide transformation of the electricity grid into a smart, communicating energy network, connecting utilities to their customers, enabling networking of everyday devices, and providing customers with energy aware homes and businesses that react to conditions on the grid.
[ Echelon's NES System ]a" the control networking infrastructure for the smart grid a" enables intelligent distributed control applications and devices that deliver maximum reliability, survivability and responsiveness. Through the [ Echelon Control System (ECoS) platform ], the NES system enables any device, speaking any protocol, connected over any network to be integrated into local decision making and connected securely to enterprise IT systems through virtually any IP network. The NES System helps utilities compete more effectively, reduce operating costs, provide expanded services and help energy users manage and reduce overall energy use.
Echelon's [ LonWorks® Infrastructure products ] extend the smart grid in to smart buildings factories, homes and other systems, powering tens of millions of energy aware, everyday devices made by thousands of companies a" connecting them to each other, to the electricity grid and to the Internet. LonWorks based products work together to monitor and save energy; lower costs; improve productivity; and enhance service, quality, safety, and convenience in utility, municipal, building, industrial, transportation, and home area networks.
More information about Echelon can be found at [ http://www.echelon.com ].
Echelon, LonWorks, and the Echelon logo are registered trademarks of Echelon Corporation registered in the United States and other countries. Other product or service names mentioned herein are the trademarks of their respective owners.
This press release may contain statements relating to future plans, events or performance. Such statements may involve risks and uncertainties, including risks that Echelon offerings do not perform as designed or do not offer the expected benefits and savings; risks relating to the performance of SEAS-NVEa™s NES System based solution and potential expansion of the system; and other risks identified in Echelon's SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Echelon undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
