Commonwealth Edison (ComEd), the largest electric utility in Illinois, is hoping to fend off criticism of proposed price rises it says are needed to pay for its smart-grid deployment by claiming the scheme helped to create 2,400 jobs last year, giving a much-needed boost to the local economy.
ComEd (Chicago, IL, USA) suffered a major setback in May 2012 when the Illinois Commerce Commission (ICC) forced it to cut the rates it proposed to charge customers at an estimated cost to the utility of about $100 million.
Smart-meter specialist Silver Spring Networks says it has won a contract with SP PowerAssets to participate in a smart-grid deployment in Singapore.
A part of the Singapore Power Group (Singapore), SP PowerAssets is to use Silver Spring’s IPv6-based wireless networking platform across its entire service territory.
Singapore Power Group serves about 2 million customers in the country.
Module maker Telit has continued its international push by signing a deal with Brazil’s CAS Tecnologia that will boost its presence in Latin America’s burgeoning M2M market.
The partnership will see Telit’s technology and services combined with CAS Tecnologia’s telemetry platforms and solutions.
CAS Tecnologia (Sao Paolo, Brazil) says collaboration with Telit (London, UK) will allow it to “modernize”.
Middle East operator du has signaled its strong interest in M2M through a new partnership with hardware vendor Gemalto.
The operator says it will use Gemalto’s machine identification modules (MIMs) in all of its major M2M initiatives across a variety of end markets, including the oil and gas, retail, healthcare, power management and transportation sectors.
The 3rd World Smart Grid Conference India Week, which will be held on 10th-12th September, 2013 in New Delhi, India, is the largest Smart Grid event in India in 2013. In this conference, we bring together the brightest and most influential industry leaders all over the world under one roof. In short, we bring together people who make and will make a difference in this industry.
Bosch Software Innovation GmbH (Berlin) is well known for its business-process software products – some of which are used to supervise pipeline networks for major energy companies like Gazprom and E.ON. Bosch Software chose CeBIT 2013 to unveil a new, integrated software suite for what it calls the “Internet of Things & Services”.
European operators have called for greater progress on the development of “horizontal” M2M standards independent of the vertical industries they are addressing.
Speaking at this week’s M2M Zone Conference at the CeBIT tradeshow in Hannover, Jurgen Hase, the head of M2M for Deutsche Telekom (Bonn, Germany), warned operators that if they built up “silos”, as they have done in the past, they would fail.
“We need standards for different layers – not just connectivity,” he told attendees. “Otherwise this will not be scalable enough.”
The global market for smart-grid technologies will generate revenues of $73 billion in 2020, up from $33 billion in 2012, according to a new report from Pike Research.
The market-research company says smart-grid technologies will have generated $494 billion in cumulative revenues by the end of 2020, but warns the industry that “the creation of the smart grid remains a colossal undertaking”.
German telecoms incumbent Deutsche Telekom and IT giant IBM are to combine their M2M expertise with the aim of creating more sophisticated smart-city services.
The two companies say they want to help cities make “smarter use of heir services through intelligent data capture and analysis”.
Their technology could be used to support a number of city services, they say, including intelligent traffic management, route optimization, bus or train arrival prediction and parking space management.
Demand for home energy management (HEM) services remains tepid, according to Pike Research, which expects the number of subscribers to HEM services in North America to reach nearly 900,000 by 2020.
HEM services are intended to help consumers lower or more efficiently control energy consumption – and thereby save money – and broadband service providers have increasingly been looking to add them to their home automation or home security packages.