Proving the Business Case for the Internet of Things

Grid20/20 receives $1.7 million smart grid grant in Ontario

Iain Morris
September 30, 2014

Grid20/20 has been awarded a $1.7 million smart grid grant by Ontario’s Ministry of Energy and flagged plans to demonstrate its technology through projects with two Ontario-based utilities.

The company says it will install its distribution transformer monitoring (DTM) intra-grid sensors throughout target areas of the utilities distribution grids and then demonstrate the various benefits of its offerings.

Ontario authorities hope the use of smart grid technology will lead to energy savings for consumers and efficiency gains for businesses and utilities, spurring economic growth and creating jobs in the region.

“We are tremendously grateful to the Ontario Ministry of Energy for recognizing the benefits of our pioneering technology,” said Alan Snook, the president of Grid20/20 (Richmond, VA, USA). “At a time when traditional one-way power distribution is becoming antiquated, infrastructure is aging, and power delivery expectations are escalating, we are confident that Grid20/20 will meaningfully assist in the ongoing smart grid revolution while adding economic benefits to the Ontario market.”

According to Grid20/20, among the specific benefits of the DTM intra-grid sensors are enhanced outage notification, transformer asset health monitoring, preventive maintenance awareness, detection of additional renewable resources added to the grid, improved management of bi-directional power influx to avoid grid destabilization and unmetered power loss identification.

Grid20/20 says its demonstration projects will begin in the third quarter and continue until November 2015.

“The Ontario Ministry of Energy remains a leading force in the quest for improved electricity distribution efficiency/,” said Scott Bussing, Grid20/20’s vice president of sales. “Their vision of supporting companies such as Grid20/20 to ensure that best-in-class technologies will become effective contributors to the world’s smart grid interest is tremendous.”

“We aim to deliver a very successful project for the Ministry of Energy, the collaborative utilities and their customers,” he added. “Increasing operating efficiencies for utilities, providing cost savings for end users, and improving grid acceptance of renewables for conservation purposes is all achievable through our … solution.”
 
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