South Korean technology vendor LG Electronics is to participate in a smart-grid demonstration as part of the Pecan Street project taking place in Austin, Texas.
The company announced that it had signed a memorandum of understanding (MoU) with Pecan Street to contribute expertise in the areas of smart homes, energy management and consumer electronics until 2015, as part of Pecan Street’s Industry Advisory Council.
Its main focus is to be on the development of effective home energy management systems.
Telit has announced it will supply modules to Digicom, a network-technology specialist, in a deal designed to strengthen the M2M player’s presence in the burgeoning smart-metering industry.
The modules are to be integrated with Digicom’s (Cardano al Campo, Italy) TLOG system – a meter-reading device for the gas, LPG and water industries.
TLOG measures consumption pulses from meters and sends the data via SMS or GSM/GPRS, TCP/IP technology.
Smart-grid sentiment decreased slightly in December, according to the latest monthly survey of smart-grid executives by Zpryme Research & Consulting, with just 66% of executives holding a positive view about the industry compared with 71% in November.
The decrease was largely down to growing gloom among vendors who participated in the survey, with 70% saying they had a positive view compared with 78% in November.
Utilities, meanwhile, were more optimistic than a month earlier – 67% of those questioned held a positive view compared with 60% in November.
A consortium involving the Edison Power Group, South Africa’s largest electrical contracting company, and smart-meter specialist Itron has won a $150 million contract to roll out smart-metering technology in Johannesburg.
In what Itron (Liberty Lake, USA) describes as Africa’s first large-scale smart-metering project, the companies will provide support to City Power (Johannesburg, South Africa), a utility company in Johannesburg, by improving service delivery and efficiency through network automation.
Utility companies deploying smart-grid analytics can expect to realize a return of $121.8 billion on investments of $20.6 billion made between 2012 and 2020, according to new research from Greentech Media.
According to the market-research company, with the introduction of ‘big data’ and analytics, smart-grid technology has the potential to completely re-invent the utility business – instead of just adding “a myriad of new applications”.
Abu Dhabi, UAE:
The 2nd World Smart Grid Conference Middle East welcomes more than 300 expert speakers from more than 20 countries around the world. The leaders of the world’s most innovative initiatives are here to share their vision and experience in order to shape our future. None the less this event will provide you an excellent opportunity to meet your peers and evaluate the latest smart technologies and project experiences, exchange ideas on steps towards the ultimate smart grid and hear how the evolution of smart technologies and smart appliances will have an impact on your business processes and investment strategies.
Sales of cyber security products for smart grid industrial control systems (ICS) are set to exceed $600 million in 2020, up from $369 million this year, as “the cost of complacency becomes more apparent”.
Such is the headline finding of a new study by Pike Research, which predicts an increase in cyber-security deployments over the next two years as utilities grow better informed about cyber risks to grids and substations.
Alcatel Lucent is claiming that utility companies can smarten up their grids by using its network technology in infrastructure that lies closer to residential and business premises.
The vendor notes that many utility companies have been upgrading their systems to include IP/MPLS technology, which promises superior speeds, bandwidth, reliability and service capabilities than older systems.
Until now, though, IP/MPLS has been confined to the transmission and sub-transmission layers of the power grid, which handle the distribution of energy from power stations to substations.
Telekom Austria is reaching out to enterprise customers in central and Eastern Europe (CEE) with a new initiative aimed at spurring the adoption of M2M services.
Called ‘Unlock M2M’, the program is intended to facilitate the take-up of M2M technology by making it more accessible and affordable.
In Barcelona's Hospital Del Mar, Telefonica is doing more than connecting phone lines - it is also developing a lucrative new business keeping patients' hearts in good shape.
A heart-monitoring program put in place by Telefonica (Madrid, Spain) is just one kind of machine-to-machine (M2M) technology that telecom operators are racing to develop for sectors including healthcare, automotive, transportation and energy.