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Press Release02 November 2017Joint Press Release by Siemens and Omnetric GroupErlangen
Siemens and Omnetric help Con Edison begin smart meter operation in New York

smart meter operation
Con Edison's program aims to use power consumption information to improve grid reliability and reduce outages, empower customer engagement, and facilitate the integration of renewable energy resources onto the grid. In use since early June 2017, the EnergyIP data hub makes Con Edison one of the first energy providers in the United States capable of recording and processing electric power meter data in near real-time.
"Our collaboration with Omnetric Group and Siemens means EnergyIP is now an integral part of New York's future energy system, helping us meet the targets for our smart metering project today and for the broader New York State 'Reforming the Energy Vision' goals in the future," said Jamie Prettitore, Director, Advanced Metering Infrastructure at Con Edison.
"Alongside Omnetric Group, Siemens is proud to work with Con Edison and Orange & Rockland on the solution development and implementation of EnergyIP to support the rollout of more than five million smart electricity and gas meters," said Thomas Zimmermann, CEO of the Digital Grid Business Unit, Siemens Energy Management Division. "With both robust and advanced data processing capabilities, the EnergyIP solution will serve as a platform for effectively managing growing volumes of data in the smart grid."
"The Omnetric Group - Siemens team worked closely with Con Edison and Orange & Rockland to successfully deploy the first phase of the program; ready for the first meters to go live in July," said Craig Cavanaugh, CEO of Omnetric Group in North America. "The utility is already seeing how EnergyIP will serve as more than a meter data management system, able to process information about the low-voltage network that will improve grid reliability and efficiency across their territory."
Previously, Con Edison and Orange & Rockland employees read the data directly on the meters. Today, with the EnergyIP solution, Omnetric Group has enabled the utility to automatically query the smart meters every 15 minutes to retrieve consumption data and prepare it for billing their power and gas customers. The EnergyIP platform also uses complex data analyses and sophisticated algorithms to ensure that power outages on the grid can be localized and eliminated faster than ever before. In addition, the data can be forwarded to the energy market in real-time to optimize the integration and regulation of renewable energy sources.
Con Edison's smart grid project also supports New York's "Reforming the Energy Vision" (REV) strategy. The goal is to reorient the city's power supply industry to increase grid efficiency, minimize the susceptibility of the power supply system to environmental disasters, and to improve its CO2 footprint.
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Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for 170 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
Reference Number: PR2017110051EMEN
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Dietrich Biester
Siemens AG
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91058 Erlangen
Germany
91058 Erlangen
Germany
+49 (9131) 7-33559