image
image



Current News

SMUD, NEC and SpaceTime Insight to Deliver Smart Energy Solutions to Japanese Electric Companies

August 8, 2017
[ back ] [ comment ]


SMUD announced that it has signed an agreement with NEC Corporation and SpaceTime Insight to deliver smart energy solutions to Japanese electric power companies and others in the Asia Pacific region.

The new strategic partnership relies on the combination of SMUD's expertise in public power electric utility operations, customer service and environmental leadership; NEC's technology capabilities and experience with Japanese electric power companies; and SpaceTime's analytics applications.

The collaboration is designed to offer electric power companies in Japan an advanced asset management solution that will help them achieve higher levels of operational reliability, safety and efficiency. The companies will also offer emerging retail energy providers in Japan bundled smart energy products and services such as storage, energy management and electric vehicle charging controls.

In the future, the three companies will work to develop innovative new energy technologies and to demonstrate these technologies in Sacramento.

The Japanese electric market has been in a deregulation phase for the last several years. This transition has led to dozens of new entrants in the Japanese electric power market. Existing power companies have also began to diversify their businesses in an attempt to broaden their products and services and provide a better customer experience. This partnership is intended to help emerging and established Japanese electric companies succeed in this new environment.

SMUD notes that it is pursuing this partnership as part of a broader strategy to monetize the company's expertise in ways that will allow it to invest more in building out a modern energy grid that can successfully integrate more distributed and renewable energy sources and meet evolving customer needs, as well as improve the technology that SMUD customers use to monitor and manage their energy use.


Source: SMUD


Please note: By posting a comment, you agree to our
Terms & Conditions.



image


image
image

image