Smart Grid News
07.14.10
Landis+Gyr and CURRENT Group Announce Industrial Partnership Agreement to Deliver Smart Metering and Smart Grid Solutions to Spain and Portugal
Cooperation agreement will enable the deployment of smart, fully open and interoperable end-to-end energy management solutions in Portugal and Spain, two of Europe’s fastest growing smart grid markets.
The partnership embeds CURRENT’s PRIME standards-based software into Landis+Gyr’s Gridstreamtm solution portfolio delivering an interoperable system, key to offering future multi-energy solutions to Iberian Peninsula markets.
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Signed by President Obama in February 2009, the American Recovery and Reinvestment Act includes $4.5 billion specifically allocated for Smart Grid grants to transform the nation’s aging electricity grid.
A Smart Grid is an advanced system that incorporates widely distributed intelligent sensors and employs real-time communications to automatically sense and correct inefficiencies and disturbances on the electrical distribution system. CURRENT’s Smart Grid products help transform the existing grid into a self-healing, self-optimizing 21st century power system capable of supporting the wide spread use of renewables.
