Silver Spring Networks, Inc. has been selected by SmartCo to deploy an advanced smart grid network across New Zealand. SmartCo is pursuing an innovative new business model in New Zealand’s disaggregated market where retailers are responsible for deploying smart meters. SmartCo and its lines company members will use Silver Spring’s platform to generate incremental revenue by providing smart metering services to energy retailers. The lines companies will also leverage the same platform to improve services for consumers including faster outage detection and restoration and improved power quality. SmartCo, a consortium of New Zealand electricity lines companies including Alpine Energy, Counties Power, Electricity Invercargill, Network Tasman, The Power Company, and WEL Networks, serves more than 250,000 urban and rural consumers across New Zealand.
Silver Spring’s smart grid networking platform can be rapidly scaled across a diverse service territory, allowing utilities to quickly and economically expand and improve their service offerings and add new solutions on the same, standards-based platform. The flexibility, reliability, and increased performance of Silver Spring’s Gen4 networking technology enables utilities and other smart infrastructure operators to support ever more demanding applications. F