GRID20/20 : GRID2020 and SMUD Tag Team Power Theft
(Thomson Reuters ONE) -
Intra-Grid Sensors Identify Nearly $400K of Illicit Activity
RICHMOND, Va., Aug. 16, 2016 (GLOBE NEWSWIRE) -- GRID2020, Inc., a leading
distribution transformer monitoring solutions provider released a statement
today regarding its ongoing collaborations with Sacramento Municipal Utility
District (SMUD).
Alan Snook, President GRID20/20 stated, "As we continue to introduce our
OptaNODE(TM) intra-grid sensor solution into domestic and international markets,
it is incredibly rewarding to see our utility customers achieving substantial
success. We have recently announced various utility success stories to the
marketplace, and SMUD's latest achievement is yet another that deserves
recognition."
Throughout the last year, the Revenue Assurance team at SMUD has been leveraging
GRID20/20's OptaNODE(TM) DTM and PDTM sensors to identify power theft within its
grid space. While the efforts have been very surgical in nature, the results
have been exceptional.
Dan Miller, Supervisor Revenue Assurance at SMUD commented, "We strategically
deployed a series of OptaNODE(TM) devices into our grid beginning in 2015.
Since then, we have identified and shut down $376,652.42 of power theft."
Power Theft, which is touted by some to exceed $6 billion per year in the U.S.
alone, is a perpetual concern for utilities. Not only are there significant
costs associated with the stolen power, but a series of related operations
impacts that subsequently burden electricity providers. In essence,
distribution transformers are initially sized by utility operators to service
the anticipated loading for the respective location. However, when power theft
occurs, excessive unplanned loading then negatively impacts the associated
transformers. This type of unauthorized power demand commonly overloads
transformers beyond their rated performance levels. Often this can result in
premature aging of transformers, and eventual power outages.
With the introduction of intra-grid sensors such as the GRID20/20 suite of
devices, utilities can now effectively locate instances of power theft, and help
to avoid the excessive costs that ultimately effect rate payers. Using the
GRID20/20 solution, utilities can now cost-effectively embrace a proactive
posture and prevent unnecessary cost burdens from landing upon their valued
customer's monthly billing statements.
GRID20/20 provides a growing list of value propositions for electricity
providers by effectively leveraging transformers within the distribution grid.
The accurate, timely data captured from within the heart of the grid enables
utility operators to directly and immediately create operations efficiencies,
reduce power outages, and decrease unnecessary losses.
For more information about GRID20/20, visit www.grid2020.com.
K.B. Forbes,
kb(at)kbforbes.com
+1(202)320-1212
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: GRID20/20 via GlobeNewswire
[HUG#2035534]
Datum: 16.08.2016 - 17:45 Uhr
Sprache: Deutsch
News-ID 489494
Anzahl Zeichen: 3692
contact information:
Town:
Richmond, VA
Kategorie:
Business News
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