New Zealand’s SmartCo has hired Silver Spring Networks for the deployment of a smart grid across the country.
Under the agreement, SmartCo (Auckland, New Zealand) will offer smart metering services to energy retailers based on Silver Spring’s (Redwood City, CA, USA) platform, while SmartCo members will use the same platform to provide improved services to consumers, such as faster outage detection and restoration and improved power quality.
A consortium of electricity lines companies that claims to be pioneering an innovative new business model in New Zealand, SmartCo includes Alpine Energy (Timaru, New Zealand), Counties Power (Pukekohe, New Zealand), Electricity Invercargill (Invercargill, New Zealand), Network Tasman (Nelson, New Zealand), The Power Company (Invercargill, New Zealand) and WEL Networks (Hamilton, New Zealand), which collectively serve more than 250,000 customers in urban and rural parts of New Zealand.
“SmartCo chose Silver Spring’s standards-based platform because it was the only solution that served the needs of both our energy retailer customers and lines company owners,” said John O’Hara, SmartCo’s executive chairman.
“Building our own Silver Spring mesh network will allow us to cost-effectively provide the highest possible meter coverage for our retailer customers,” he said. “Moreover Silver Spring’s open platform gives our lines companies the broadest choice of meter partners and advanced features that will allow them to improve their network services for consumers.”
Silver Spring says that SmartCo is proving distributors and retailers can work together to improve grid reliability increase operational efficiency and empower end consumers to better manage their energy consumption.
“We’re proud to partner with SmartCo to combine next-generation smart grid technology with new business models for the benefit of New Zealand’s citizens,” said Scott Lang, chief executive of Silver Spring.
Silver Spring claims its smart grid platform allows utilities to rapidly expand and enhance their service offerings and add new solutions on the same, standards-based platform.