MPrest lets Southern modernise grid
January 10, 2019
Israeli company MPrest is partnering US energy company Southern on grid modernisation and distributed smart energy applications. The project will bring smart grid technology to enhance the resiliency, efficiency and flexibility of Southern's distribution system.
MPrest specialises in mission-critical monitoring, control and big data analytics software for the IoT energy market. Its intelligent grid system-of-systems applications directly address the challenges of the evolving energy industry, which include rapidly decentralising networks, sharp changes in energy demand, extreme weather events and cyber-security threats.
"MPrest's system of systems is based on dynamic and flexible micro-services architecture, enabling rapid interface of legacy systems, combined with advanced analytics, artificial intelligence and machine learning to provide far greater real time and predictive intelligence and situational awareness,” said Ron Halpern, chief commercial officer of MPrest. “MPrest's vendor agnostic applications not only reduce power outages and predict asset failure, but they also enable utilities to respond to real-time changes, reduce operational investments, improve security, facilitate integration of distributed energy resources and other customer enabling technologies."
As the first step in the partnership, Southern and MPrest were awarded a grant from Bird Energy, a programme sponsored by the US Department of Energy and the Israeli Ministry of Energy, jointly with the Israel Innovation Authority and managed by the Israel-USA Binational Industrial Research & Development (Bird) Foundation, to develop a distribution product that turns grid-edge devices into integrated tools for management at the edges of the electric grid.
"Southern remains at the forefront of technology innovation for energy production, delivery and use," said Stan Connally, Southern executive vice president of operations. "Our partnership with MPrest allows us to increase grid flexibility and improve on products and services we provide to our customers and communities."
Distribution technologies such as this allow for optimal distribution energy management, resulting in energy and cost savings and reliable integration of distributed energy resources.
"With the evolving expectations of savvy US utility customers, we are excited to be collaborating with Southern to integrate advanced grid technology," said Halpern. "Our products are leading the smart energy revolution and enabling utilities to take full advantage of the emerging capabilities of the industrial IoT. The result will be a smarter, more resilient grid that uses data to manage and leverage existing assets and infrastructure."
MPrest provides mission-critical monitoring, control and big data analytics software. Leveraging the power of the industrial IoT, its integrative system of systems can be a catalyst for digital business transformation. Its management products have been deployed in applications for carrier service providers, system integrators, smart cities and smart energy.