REDWOOD CITY, Calif.--()--Silver Spring Networks, a leading networking platform and solutions provider for smart energy networks, today unveiled UtilityIQ Voltage Optimizer a turnkey conservation voltage reduction (CVR) solution for utilities to optimize voltage levels across their smart grids. This new solution, in conjunction with Dominion Voltage Inc’s EDGE™ software, leverages real-time, premise-level smart grid data to understand voltage levels across the distribution network and dynamically adjust grid devices to minimize energy waste. UtilityIQ Voltage Optimizer uses the distributed intelligence throughout the standards-based Silver Spring Smart Energy Platform to unlock even more value from utilities’ existing smart grid investments – delivering up to double the energy savings.
“Silver Spring’s standards-based network is able to provide real-time, premise-level data which allows UtilityIQ Voltage Optimizer to generate the insights necessary to make operational decisions and take actions to drive meaningful savings.”
“Voltage optimization is a mission critical issue for efficient and reliable day to day operations,” said Anil Gadre, Executive Vice President of Products, Silver Spring Networks. “Silver Spring’s standards-based network is able to provide real-time, premise-level data which allows UtilityIQ Voltage Optimizer to generate the insights necessary to make operational decisions and take actions to drive meaningful savings.”
“Dominion Voltage Inc. is pleased to be working with Silver Spring Networks on bringing the EDGE™ technology to more customers in the utility industry,” said Todd Headlee, Executive Director at Dominion Voltage Inc. “We believe Silver Spring’s powerful and open network can be an excellent showcase for the advances we have made and we believe there are large operational savings to be gained.”
The UtilityIQ Voltage Optimizer solution leverages the distributed intelligence of Silver Spring Communications Modules already deployed across the network, thus requiring no new voltage sensors throughout the grid. UtilityIQ Voltage Optimizer combines real-time voltage level alerts from UtilityIQ Power Monitor with polled data from UtilityIQ Advanced Metering Manager. Together, these data create a holistic understanding of at-premise voltage levels throughout the distribution network. Dominion Voltage Inc.’s EDGE™ software, which is fully integrated into the solution, then analyzes that data to identify areas where it can tune Distribution Automation (DA) devices and optimize voltage levels. Silver Spring and Dominion Voltage Inc. closely collaborated to develop the integrated solution as part of the Silver Spring Partner Program.
The UtilityIQ Voltage Optimizer solution is available today. For more information please visit www.silverspringnet.com/UtilityIQVoltageOptimizer.
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About Dominion Voltage Inc.
Dominion Voltage Inc., is a subsidiary of Dominion Energy Holdings Inc., and is backed by the financial strength of Dominion Resources Inc., one of the nation’s largest producers and transporters of energy. Dominion’s EDGE™ technology leverages advanced metering and distribution automation technologies and is intelligent, reliable and self-adjusting, bringing visibility to grid and quick response to customer demands. For more information visit www.dom.com/business/dominion-voltage/index.jsp
About Silver Spring Networks
Silver Spring Networks is a leading networking platform and solutions provider for smart energy networks. With its pioneering IPv6 networking platform, Silver Spring has connected more than 12 million homes and businesses throughout the world with the goal of achieving greater energy efficiency for the planet. Silver Spring’s innovative products enable utilities to gain efficiencies, integrate renewable energy sources and empower customers to monitor and manage energy consumption. Silver Spring Networks is used by major utilities around the globe including Baltimore Gas & Electric, CitiPower & Powercor, Commonwealth Edison, Florida Power & Light, Jemena Electricity Networks Limited, Pacific Gas & Electric, Pepco Holdings, Inc. and United Energy among others. For more information please visit www.silverspringnet.com.