|[January 29, 2013]
Silver Spring Networks Unveils New High-Precision UtilityIQ™ Demand Optimizer; Oklahoma Gas & Electric to Leverage for Pioneering SmartHours DR Program
SAN DIEGO --(Business Wire)--
DistribuTECH Conference & Exhibition - Silver Spring
Networks, a leading networking platform and solutions provider for smart
energy networks, today announced the new UtilityIQ™ Demand Optimizer
solution, a high-precision Demand Response Management System that helps
utilities manage peak load, implement real-time demand response
initiatives, and optimize load across all DR programs and customer
segments. The new UtilityIQ Demand Optimizer solution further expands
Silver Spring's end-to-end Demand Side Management portfolio, which
leverages the power of the Silver Spring IPv6 networking platform that
connects more than 13 million homes and businesses worldwide.
"Our utility customers are looking to Silver Spring's networking
platform to enable a new generation of intelligent applications, and for
many Demand Side Management is at the top of the list," said Matt Smith,
head of the demand side management business at Silver Spring Networks.
"The new UtilityIQ Demand Optimizer solution further expands our DSM (News - Alert)
portfolio, providing our customers with a robust set of technologies to
implement their DR initiatives."
The Silver Spring UtilityIQ Demand Optimizer solution delivers fully
integrated Demand Response Management capabilities including:
Optimizes load management across disparate DR programs and systems,
such as load control, time of use, and price response, among others.
A powerful real-time optimization and forecast analytics engine that
leverages existing meter data to provide granular, highly accurate
load shed forecasts.
Advanced measurement and verification for reporting of results in real
Dispatch of load control events to devices via the Silver Spring Smart
Energy Platform or other head-end system.
Simplified program management via a rules-based engine to administrate
business rules and constraints and track and enforce events.
CRM functions to ensurecustomer eligibility, track customer
participation, and manage multiple participations.
A customer notification system that alerts consumers of upcoming
events through multiple communications channels.
Oklahoma Gas & Electric's (OG&E) pioneering SmartHours DR initiative
leverages Silver Spring's Demand Side Management solutions to encourage
customers to modify their energy use to off-peak hours. OG&E will be
deploying Silver Spring's new UtilityIQ™ Demand Optimizer solution as it
expands the SmartHours program and further empowers its customers to
shift energy consumption, save money and reduce peak demand.
For more information on UtilityIQ Demand Optimizer visit www.silverspringnet.com/demandoptimizer.
Powering Innovative Demand Response Programs
Today's announcement underscores the innovation in Silver Spring's
end-to-end Demand Side Management portfolio. Utilities are increasingly
looking to demand side management (DSM) programs and technologies to
increase customer satisfaction, meet more stringent regulatory
requirements, reduce peak consumption, manage new sources of demand and
generation, and improve their performance. Silver Spring is delivering
an end-to-end DSM portfolio, which includes award-winning smart grid
network infrastructure, head-end and back-office software,
Direct-to-Grid™ load control solutions, ZigBee-enabled HAN devices,
price response solutions, and a consumer engagement platform and
education programs. Silver Spring also delivers a full suite of
professional services and a broad partner ecosystem to enable utilities
to quickly deploy new DSM programs.
For more information on Silver Spring's industry-leading DSM portfolio
Join the Silver Spring Networks Conversation
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 13 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, CPFL Energia, Florida Power & Light, Jemena Electricity Networks
Limited, Oklahoma Gas & Electric, Pacific Gas & Electric, and Pepco
Holdings, Inc. among others. For more information please visit www.silverspringnet.com.
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