Business & Finance
Tue, March 29, 2011Mon, March 28, 2011Sun, March 27, 2011Fri, March 25, 2011Thu, March 24, 2011Wed, March 23, 2011Tue, March 22, 2011Mon, March 21, 2011Fri, March 18, 2011Thu, March 17, 2011Silver Spring Networks Rolls Out Smart Grid Initiative in Oklahoma
Published in Business and Finance on Wednesday, March 23rd 2011 at 6:15 GMT by Market Wire
REDWOOD CITY, Calif.--([ BUSINESS WIRE ])--Silver Spring Networks, a leading provider of smart grid platforms, today announced Public Service Company of Oklahoma (PSO) will deploy Silver Springa™s smart grid solutions. The agreement follows the deployment of Silver Springa™s field proven, IP-based Smart Energy Platform at two of American Electric Powera™s other operating companies, AEP Ohio and Indiana Michigan Power through AEPa™s gridSMART® initiative.
"The positive results of AEPa™s gridSMART projects in Columbus and South Bend have demonstrated the smart grid delivers real benefits a" in terms of savings, energy efficiency, improved communications and greater control"
PSO, a unit of American Electric Power (NYSE: AEP), is an electric utility company serving more than 530,000 customers in eastern and southwestern Oklahoma. With headquarters in Tulsa,PSO has 4,405 megawatts of generating capacity and provides electricity to 230 cities and towns across a service area encompassing 30,000 square miles. As part of the initial phase of PSOa™s project, Silver Spring will deliver its Smart Energy Platform, enabling the utility to upgrade its existing energy infrastructure. Silver Spring will provide unified network infrastructure, professional services and multiple smart grid applications, including advanced metering and automated power restoration equipment on its distribution lines.
Silver Spring Networks is committed to unlocking the vast potential of the smart grid to improve reliability and safety and empower consumers with information and control over their energy usage and electric bills. aThe positive results of AEPa™s gridSMART projects in Columbus and South Bend have demonstrated the smart grid delivers real benefits a" in terms of savings, energy efficiency, improved communications and greater control,a said Scott Lang, Chairman, President and CEO of Silver Spring Networks. aWe are pleased that consumers and businesses in Oklahoma will have an opportunity to realize the benefits of the smart grid with the introduction of the gridSMART program at PSO.a
About Silver Spring Networks
Silver Spring Networks is a leading smart grid platform provider that enables utilities to achieve operational efficiencies, reduce carbon emissions and empower their customers with new ways to monitor and manage their energy consumption. Silver Spring provides the hardware, software and services that allow utilities to deploy and run multiple smart grid solutions, including Smart Metering, Demand Response, Distribution Automation and Distributed Generation, over a single, unified network. Silver Spring's Smart Energy Platform is based on open, Internet Protocol (IPv6) standards, allowing continuous, two-way communication between the utility and devices on the grid. Silver Spring has numerous deployments with leading utilities around the world, including Baltimore Gas & Electric, CitiPower & Powercor, Florida Power & Light, Jemena Electricity Networks Limited, Pacific Gas & Electric, Pepco Holdings, Inc., and United Energy Distribution, among others. For additional information, please [ www.silverspringnet.com ].
