PECO Selects Telvent's Smart Grid Solutions to Optimize Electrical Grid
11 Julio 2011 - 8:32AM
Telvent (Nasdaq:TLVT), the leading real-time IT solutions and
information provider for a sustainable world, announced today that
PECO has selected Telvent smart grid solutions to upgrade its
electrical network, reduce power losses and operational costs, and
improve power quality and reliability.
PECO, a Pennsylvania-based electric and gas distribution company
that provides energy to the greater Philadelphia area, will
implement Telvent's advanced distribution management system (ADMS)
to monitor and control its electric network using one integrated
system. With this system, the utility will have access to
real-time information to control load management, fault analysis
and network optimization. In addition, PECO will leverage Telvent's
OASyS Dynamic Network of Applications (DNA) supervisory control and
data acquisition (SCADA) system to immediately pinpoint potential
trouble spots within the network, increasing customer satisfaction
by addressing issues, such as service outages, more quickly and
efficiently.
PECO selected Telvent's solutions because of their rich
functionality and ability to grow with the company to meet future
smart grid needs. As additional initiatives are implemented,
Telvent's solutions will adapt to provide a detailed, integrated
system that maximizes efficiencies and performance.
According to Telvent's chairman and CEO, Ignacio Gonzalez, "PECO
went through a rigorous selection process and our solutions proved
to be the best fit for their current needs and growth
opportunities, which is a true testament to our position as a
leader in the utility industry. We look forward to working with
PECO to address its evolving smart grid needs."
PECO is working to upgrade its metering technology for its 1.6
million electric customers during the next 10 years -- 5 years
earlier than required under Pennsylvania law, thanks to a $200
million stimulus grant awarded by the US Department of
Energy.
This project began in May 2011 and will be completed in 2013.
PECO also employs Telvent's OASyS DNA SCADA solution to optimize
operational efficiencies and cut costs for its gas distribution
network.
About Telvent
Telvent (Nasdaq:TLVT) is a global IT solutions and business
information services provider dedicated to helping improve
efficiency, safety and security for the world's leading companies.
Telvent serves markets that are critical to the sustainability of
the planet, including the energy, transportation, agricultural and
environmental sectors. (www.telvent.com)
The Telvent GIT S.A. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6852
CONTACT: Investor Relations Contact
Manuel Fernandez Maza
Tel. +1 301 354 5432
Email: ir@telvent.com
Communication Department Contact
Sandi Scott
Tel. +1 952 851 7216
Email: sscott@tunheim.com
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