This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

DVI Selected By Glendale Water & Power For Grid Voltage Optimization Pilot

Stocks in this article: D

RICHMOND, Va., June 23, 2014 /PRNewswire/ -- California's Glendale Water & Power (GW&P), in collaboration with Dominion Voltage, Inc. (DVI), a grid-optimization subsidiary of Dominion Resources (NYSE: D), has signed a license agreement for the use of DVI's EDGE ®  advanced grid optimization solution.

"The City of Glendale is committed to delivering energy savings to customers by utilizing the existing AMI infrastructure it has already invested in," said Steve Zurn, Glendale Water & Power's General Manager. "DVI's patented approach to effectively plan, manage, and validate energy savings is the ideal solution for a new energy efficiency program at GW&P. Pending a successful pilot, we look forward to adopting this as part of our overall energy efficiency portfolio."

EDGE ®  seamlessly integrates into a utility's existing IT infrastructure and can obtain voltage readings from the existing AMI system.  EDGE ®  optimizes the utilities' field devices by issuing commands over an existing wide area network to optimize the distribution system voltage.

EDGE ®  works because it delivers grid-side energy efficiencies to both the utility and its customers by optimizing the distribution system voltage. Best of all, it doesn't require any behavioral changes or purchases by utility customers. For more information about how it works, watch the video here: https://www.dom.com/business/dominion-voltage/edge-overview.jsp

"We are delighted to be working with GW&P to provide to their community with a proven method that increases energy savings and optimizes the voltage delivered to each customer," said Todd Headlee, DVI's Executive Director. "The California public power market has led the nation in energy efficiency programs since the 1970's. Grid-side voltage optimization is the logical next step, because many of the traditional energy efficiency savings have already been realized."

Glendale Water & Power was the first utility to sign the Department of Energy (DOE) grant to receive $20 million for their Smart Grid project. This project is supported by the DOE through GW&P's smart grid grant.

About DVI DVI is a leading provider of grid optimization technology, providing solutions for energy efficiency, demand response, and volt/VAR control. DVI's patented approach plans, manages and validates utilities' investments in grid efficiency while delivering significant savings to both utilities and their customers.  For more information about DVI, visit www.dvigridsolutions.com

DVI is a subsidiary of Dominion Resources, Inc. (NYSE:  D), one of the nation's largest producers and transporters of energy, with a portfolio of approximately 23,600 megawatts of generation. Dominion operates one of the nation's largest natural gas storage systems and serves utility and retail energy customers in 10 states. For more information about Dominion, visit the company's website at  www.dom.com

About GW&P Glendale Water & Power is the City of Glendale's utility. Glendale Water & Power generates, transmits, and distributes electricity to 85,358 residential, commercial, and industrial customers in Glendale, California. The city-owned utility also provides water to 33,744 customers. 

Sign up to receive our news releases via email: http://dom.mediaroom.com/index.php?s=26682

SOURCE Dominion

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

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs