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TheStreet Open House

IBM And ZSE Create Virtual Green Highway For Electric Vehicles

Stocks in this article: IBM

"Rising fuel prices and energy consumption are two major issues facing many cities around the world, these factors coupled with aging roads and infrastructures, can affect city planning, local economy, and overall community satisfaction," said Guido Bartels, General Manager of IBM's Global Energy and Utilities Industry. "This mobility project with ZSE tackles all of these issues. It has the potential to introduce a modern, convenient and more intelligent way for consumers to commute, which in turn may encourage more to make the shift to an electric vehicle, while reducing stress on the energy grid."

ZSE is spearheading this project to identify alternative energy resources, drive consumer engagement and ensure the reliable distribution of electricity. Once implemented, the solution will help consumers save energy and control usage costs, while helping utilities manage power load on the energy grid during peak charging times with better insight into consumption. Additionally, energy suppliers will have the ability to store energy for use when natural sources of energy are not available.

This e-mobility study along with other projects such as Edison, EcoGrid EU and EKZ in Switzerland, demonstrates the ongoing commitment towards developing a reliable energy and transport infrastructure that supports the adoption of electric vehicles.

IBM and Smart Grid

IBM is involved in more than 150 smart grid engagements around the world, in both mature and emerging markets. More about IBM's vision to bring a new level of intelligence to how the world works—how every person, business, organization, government, natural system, and man-made system interacts, can be found here: http://www.ibm.com/smarterplanet 

For more information about Smarter Energy at IBM, please visit: www.ibm.com/press/smarterenergy. Follow us on Twitter and LinkedIn.

About Zapadoslovenska energetika, a. s.

Zapadoslovenska energetika, a. s. (ZSE) is the Slovak energy leader. In 2002 it became a member of the E.ON Group. On 1 July 2007, electricity distribution and trade became independent services. ZSE Energia, a. s. and ZSE Distribucia, a. s. are subsidiaries fully owned by ZSE. ZSE will continue in providing customer services, including billing, to all its customers – households, business entities and strategy companies of the Slovak economy. ZSE has been active on the Slovak market since 1922.

ContactsFabienne GuildharyIBM Media Relations917-374-6860 fguildhary@us.ibm.com

Branislav KohlIBM Media Relations Slovakia+421-918 666 099 branislav.kohl@sk.ibm.com

SOURCE IBM

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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