July 4, 2020         
P&G to Webcast Discussion of Fourth Quarter 2019/20 Earnings Results on July 30   •   Coty Names Sue Y. Nabi Chief Executive Officer   •   Trend Micro and Girls in Tech Partner to Help Close the Gender Gap in the Technology Industry   •   Support for Canada's Forest Sector Economic Recovery   •   Citizens for a Pro-Business Delaware Slams Delaware Department of Correction and Governor Carney for Politicizing Mask Donations   •   All TTR Employees Get 12 Weeks Paid Parenting Leave   •   Nintendo Download: Invert Your Aim, Invert Your World   •   Most Americans Not Very Comfortable Returning to Restaurants, Retail Stores and Hotels for Next Three Months, Survey Shows   •   The ODP Corporation Releases 2020 Corporate Sustainability Report   •   Top Local Atlanta Executives and Leaders Join Women in Technology to Host Inaugural Virtual Gala, WIT Connect 2020   •   Phi Beta Sigma Fraternity, Inc. Donates $50,000 to National Urban League   •   AJC, Lithuanian Jewish Community Urge Seimas Not to Honor Lithuanian Wartime Activist   •   GrillGirl.com Launches “Grill School,” a Virtual Grilling Series to Empower Everyone to Learn to Grill   •   Hormel Foods Announces Inspired Giving Commitment to Support Equity and Education   •   How Race And Implicit Bias Impact The Practice Of Law   •   U.S. Soldier Desperately Seeks Public Support to Bring His Two Dogs Home From Overseas   •   Proposition 21! – California Rent Control Ballot Measure Now Heads to Voters in November as Campaign Rolls Out 200+ Endors   •   Chicago Gen Z Tech Activist Launches Dollar Campaign to Fund Virtual CS Summer Camp for 1,000 Black Youth During Dangerous Times   •   e.l.f. Beauty Announces Agreement with Marathon Partners   •   Smarter Homes. Better Life. - Covia and the Ziegler Link•age Funds Look to the Future of Middle-Market Senior Living
Bookmark and Share

World Economic Forum report recognizes key critical infrastructure innovations from Smart Wires, ABB and Siemens

World Economic Forum report recognizes key critical infrastructure innovations from Smart Wires, ABB and Siemens

PR Newswire

SAN FRANCISCO, May 27, 2020 /PRNewswire/ -- Today's report from the World Economic Forum's International Energy Community in China has highlighted Smart Wires SmartValveTM as one of the energy sector's influential innovations during the last decade. Winners were chosen based on several criteria including their benefit to society and contribution to accelerating the energy transition.

"Smart Wires is honored that our solutions were included on a very short and prestigious list of technologies recognized as critical enablers of the energy transition," said Gregg Rotenberg, Smart Wires CEO.

Suleman Alli, director of strategy at UK Power Networks, said: "As the first network operator in the UK to trial the Smart Wires' power flow control technology, we are delighted to see it recognised by this World Economic Forum report. Trialling smart solutions like load balancing highlights our commitment to unlocking new capacity for renewable energy safely, cost effectively and quickly."

Smart Wires was recognized for its ability to maximize the grid's transfer capacity which is necessary to enable rapid, low-cost and large-scale connections of new renewables.

Rotenberg reflected, "It is remarkable how much spare capacity exists on today's grids. We regularly find projects where we can release several gigawatts of capacity in under a year without disturbing communities or the environment."

"SmartValve is our solution to maximize the grid's transfer capacity. This technology is causing leading utilities across Europe, Australia and the Americas to change the way they think about future investments in critical infrastructure," Rotenberg said.

Further Information

Submissions were evaluated by a panel of experts from the US, Europe, China and Africa. Selected submissions were grouped into six categories: Critical Infrastructure; Emission Reductions; Energy Efficiency; Systemic Efficiency; Renewables Integration; and Access to Electricity.

Smart Wires, ABB and Siemens were highlighted in the Critical Infrastructure category. 

"Transmission and distribution grids are the backbone of the entire electricity network. Radical changes [from the supply and demand perspective] require our critical electricity infrastructure to be more flexible and agile than ever before, without compromising on power security, reliability, efficiency or affordability. Innovative grid technologies are playing a key role in addressing energy transition-related opportunities and challenges," the report says.  

ABB was recognized for advances in High Voltage Direct Current (HVDC) technology, supporting the integration of large-scale renewables, off-shore wind farms and cross-border interconnections.

Siemens was recognized for its Modular Multilevel Converter (MMC) technology, representing a technological breakthrough when connecting large offshore wind parks to the grid.

These innovations have proven themselves over the past decade and will continue to be pivotal to enable a successful, low-cost and low-impact energy transition.

About Smart Wires: Smart Wires develops and implements innovative technologies that advance the delivery of electricity. With our technology, electric utilities can maximize transfer capacity on their grids. This means more renewables, improved flexibility and stability, and less constraints, costs, community and environmental impact. With our next generation SmartValve™ technology, alongside our advanced analytics and consulting services, we are built to assist utilities solve problems and evolve the grid. (www.smartwires.com).

About UK Power Networks: UK Power Networks is the country's biggest electricity distributor, making sure the lights stay on for more than eight million homes and businesses across London, the South East and the East of England. Network operators aren't the same as energy suppliers; network operators manage local power lines and substations, while energy suppliers sell the electricity that runs through the power lines.  UK Power Networks continues to be listed in the Sunday Times' Top 25 Best Big Companies to Work For, and made industry history by becoming first company to win Utility of the Year two years running (2015 and 2016, also 2012). The company invests more than £600 million in its electricity networks every year, offers extra help to vulnerable customers at times of need, and is undertaking trials to ensure that electricity networks support the transition to a low carbon future. It also moves cables and connects new electricity supplies. If you have a power cut ring 105, see www.ukpowernetworks.co.uk or tweet us @UKPowerNetworks

Info@smartwires.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/world-economic-forum-report-recognizes-key-critical-infrastructure-innovations-from-smart-wires-abb-and-siemens-301066449.html

SOURCE Smart Wires



Back to top
| Back to home page
Video

White House Live Stream
LIVE VIDEO EVERY SATURDAY
Breaking News
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Video

LIVE BROADCASTS
Sounds Make the News ®
WAOK-Urban
Atlanta - WAOK-Urban
KPFA-Progressive
Berkley / San Francisco - KPFA-Progressive
WVON-Urban
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
WADO-Spanish
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
WOL-Urban
Washington - WOL-Urban

Listen to United Natiosns News