Project provides a consistent, Smart Grid-ready energy infrastructure across majority of Victoria
Redwood City, CA, June 9, 2009 – Silver Spring Networks, a leading Smart Grid network solutions company, announced today that it has been selected by electrical distributors CitiPower and Powercor Australia to provide the network to support the rollout of a government-mandated Advanced Metering Infrastructure (AMI) program. Under the agreement, Silver Spring Networks will provide network infrastructure, devices, software and a variety of services in support of the AMI Program. The deployment, which will begin immediately and is expected to be complete in 2013, is intended to network approximately 1.2 million homes and businesses throughout Victoria, Australia.
“Silver Spring Networks is proud to announce its continued international expansion with CitiPower and Powercor Australia and the expansion of our Australian team,” said Scott Lang, Chairman, CEO and President, Silver Spring Networks. “This is the future of the energy industry worldwide, providing utilities and electricity distributors with the tools to achieve efficiencies and empower customers. CitiPower and Powercor Australia are leaders in this significant transition and we are committed to their success.
”As part of the project, CitiPower and Powercor will facilitate other applications, including Remote Connect/Disconnect and Demand Response.
“As electricity distributers, we are responsible for the quality, security and reliability of our customer’s power supply, 24 hours a day, 365 days a year,” said CitiPower and Powercor CEO Shane Breheny. “Partnering with Silver Spring Networks to roll out an intelligent, networked electric infrastructure will help us to better meet that demand, while contributing to a more energy efficient future.”
About Silver Spring Networks
Silver Spring Networks is a leading Smart Grid network solutions provider that enables utilities to achieve operational efficiencies, reduce carbon emissions and offer their customers new ways to monitor and manage their energy consumption. SSN provides the hardware, software and services that allow utilities to deploy and run unlimited advanced applications, including Smart Metering, Demand Response, Distribution Automation and Distributed Generation, over a single, unified network. SSN’s Smart Energy Network is based on open, Internet Protocol (IP) standards, allowing continuous, two-way communication between the utility and every device on the grid. SSN has successful deployments with leading utilities in the US and abroad, including Florida Power & Light, Pacific Gas & Electric, Pepco Holdings, Inc., Jemena Electricity Networks Limited and United Energy Distribution, among others. In 2008, the World Economic Forum honored Silver Spring Networks as a Technology Pioneer. SSN also holds numerous patents in the area of utility network optimization. For additional information, please visit www.silverspringnet.com.
About CitiPower and Powercor Australia
CitiPower and Powercor Australia is Victoria’s biggest electricity distribution business, supplying around one million residential, commercial and industrial customers across two distinct electricity networks, which span two thirds of the state of Victoria. CitiPower supplies power to more than 300,000 customers in Melbourne’s central business district and inner suburbs. The Powercor network supplies more than 680,000 customers in Melbourne’s western suburbs and across central and western Victoria. The business manages the poles, wires and other equipment required to deliver safe and reliable power supplies to our customers. For additional information, please visit our website at www.citipower.com.au or www.powercor.com.au.
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