CURRENT Group and Beckwith Electric have entered into an agreement to integrate CURRENT's Volt/VAR Control and Dynamic Voltage Optimization solutions with Beckwith Electric's Load Tap Changer, Voltage Regulator and Capacitor Controls, enabling electric utilities to reduce technical losses, optimize feeder voltage profiles during normal operating conditions, and reduce load demand through voltage optimization. The relationship also sets the stage for future joint development opportunities between both companies to further enhance and expand these system optimization capabilities to further enhance the electric grid.
The CURRENT-Beckwith Electric relationship leverages the experience of both companies to deliver solutions that unlock the operational and economic power of a smart electric grid. The alliance will take advantage of distributed monitoring, recording, control and intelligence, residing in sensing and distribution control devices provided by Beckwith Electric, and integrate these with centralized control algorithms provided by CURRENT's system optimization software suite to achieve reductions in technical losses and overall load requirements. This solution can be deployed rapidly and achieve results without affecting customer behavior or require customer involvement.