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Echelon Selected For Smart Grid Gotland Project

Stocks in this article: ELON





SAN JOSE, Calif., Feb. 7, 2013 /PRNewswire/ -- Echelon Corporation (NASDAQ: ELON), the world's leading energy control networking solution provider, today announced that it has been selected for the project Smart Grid Gotland. This project is a large-scale, pioneering smart grid technology demonstration on the island of Gotland, Sweden. It is a joint venture between Vattenfall, Gotland Energy, ABB, Swedish National Grid, Schneider Electric, Royal Institute of Technology and partly financed by the Swedish Energy Agency.

Echelon will provide its Edge Control Node, its Control Operating System (COS) based application platform and 3,000 advanced grid sensors, which also provide smart metering functionality. The first applications to use Echelon's solutions include smart metering, power quality monitoring and analysis, transformer monitoring, outage detection, load management, and related analytics applications using NES system software.

"The Smart Grid Gotland project is the perfect way to showcase how a utility with a clear plan for the future can trial new grid applications and quickly reap meaningful benefits for its customers," said Michael Anderson, senior vice president, Worldwide Markets, at Echelon. "Echelon is excited to play an important role in this project to help modernize Sweden's grid and integrate new applications that will improve grid reliability, efficiency, and performance."

The project will be a showcase for the world by demonstrating how new smart grid technologies can improve the electrical quality of large rural grids by utilizing large quantities of distributed power generation and advanced load management strategies. Echelon was selected based upon its smart meter technology, which will increase overall grid quality, efficiency and reliability, as well as integration and management of renewable energy sources. The Smart Grid Gotland project began in the fall of 2012 and will run until 2015.

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