Verizon continues to build up its portfolio of offerings targeting smart grid solutions for utility companies. Just a couple of weeks after announcing a partnership with Ambient Corp. involving smart grids, the carrier announced a new partnership on Feb. 4 with Current Group, a provider of intelligent sensor systems used in smart grids.
The agreement will enable real-time communication of information about power consumption between the two parties, as well as analysis of that information
Current’s sensors monitor distribution grid performance. The company’s OpenGrid utility element management system and its system optimization and reliability analytical software are also included in the agreement.
Verizon’s role will be to provide Internet protocol-based wired and wireless network services, along with network management and security services and advanced information technology consulting services to support the new offering.
“This package of essential ingredients will help jump-start power industry efforts to employ smart grid technologies in their day-to-day business operations,” said Rick Noel, managing director for Verizon’s global energy and utility practice in a press release. “The solution will help electric utilities speed integration of renewable energy sources, improve overall grid operations and realize a secure, IP-enabled smart grid.”
Noel said Verizon also would pursue additional partnerships in this area.
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