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Stock impact report

National Grid Expands Volt/VAR Optimization (VVO) Deployment with Utilidata

National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG) 
US:NYSE Investor Relations: investors.nationalgrid.com
Company Research Source: PR Web
PROVIDENCE, R.I. (PRWEB) January 31, 2019 Utilidata®, Inc., the industry leader in energy optimization software extending from the substation to the grid edge, today announced National Grid is extending its real-time Volt/VAR Optimization (VVO) solution to the utility's customers in Massachusetts. This builds upon successful results from National Grid's deployments of Utilidata software in Rhode Island and New York. Utilidata's relationship with National Grid began in 2013, with a smart grid pilot that delivered the company's flagship product, AdaptiVolt™, to 16,000 customers across Rhode Island. Using real-time information from the distribution grid to optimize energy delivery, build resiliency, and boost sustainability, AdaptiVolt™ led to over 3% energy savings for National Grid's customers. These strong results led National Grid to expand the deployment, adding additional projects in Rhode Island in 2016, and operations in Clifton Park, New York, in 2017. "National Grid has relied Show less Read more
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