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Greenlet Technologies Successfully Completes Pilot for Peak Shaving Program with the Israel Electric Corporation - Greenlet Technologies, announced that it has effectively completed a three-month pilot project with the Israel Electric Corporation (IEC), the only integrated electric utility in the State of Israel
Greenlet Technologies Successfully Completes Pilot for Peak Shaving Program with the Israel Electric Corporation

 

NewswireToday - /newswire/ - Tel Aviv, Israel, 2010/09/06 - Greenlet Technologies, announced that it has effectively completed a three-month pilot project with the Israel Electric Corporation (IEC), the only integrated electric utility in the State of Israel.

   
 
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Greenlet Technologies, a smart grid company, announced today that it has effectively completed a three-month pilot project with the Israel Electric Corporation (IEC), the only integrated electric utility in the State of Israel. As a result, the companies will be entering a rollout phase that includes more than 150 residential areas in the winter of 2010.

Greenlet Technologies specializes in scalable energy control for electric utilities. By building self-deployable virtual power plants for reduction of power consumption during times of peak consumption, Greenlet helps electric utilities avoid power outages and extremely high generation costs.

During the summer of 2010, the IEC repeatedly reached generating capacity, and requested that citizens of Israel reduce their use of high-consumption appliances. The IEC initiated short-term power outages, and is trying to avoid building a new power plant.

The Greenlet solution (greenlet.net) was tested to resolve this issue. The solution begins with pluggable units that are shipped to consumers. The units monitor and control device-specific loads, while a management software lets utilities, service companies and consumers control and monitor demand in real time, deploy Peak Shaving program and calculate consumer returns, and validate true power reduction (without professional installation).

“With this pilot, we successfully proved our Send – Connect - Control model. Participants received self-deployable, pluggable Greenlet units by mail, and quickly connected them without any assistance from Greenlet or the IEC. Users could immediately access a personal portal to view their power consumption and history data. Several power reduction events were successfully applied, for example air conditioners were cycled (On/OFF) by remote commands, and consumers shifted usage of white goods to non-peak hours. The central management system located at the IEC collected data from each and every appliance, presented it in granular graphs and saved it in online files. The IEC could easily distinguish which residences were applying the power reduction activities, and could disburse them accordingly.”

In a recent article published in Calcalist, Sagiv Ben-Arie, one of the initiators of the Energy Services Department within the IEC (Israel Electric Corporation) Business Developing Unit was quoted as saying, “Overcoming the challenge of managing electricity shortages is of significance around the world, including analysis of private homes that were not taken into consideration. We want to collect data and familiarize ourselves with the subject, to see if there is a technological solution that can serve both the IEC and the consumers equally.” The Israel Electric Corporation generates, transmits and distributes substantially all the electricity used in the State of Israel.

 
 
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Written by / Agency / Source: Greenlet Technologies

 
 

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Greenlet Technologies Successfully Completes Pilot for Peak Shaving Program with the Israel Electric Corporation

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Publisher Contact: Yona Cymerman - Greenlet.net 
+972 3 649 3144 info[.]greenlet.net
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Greenlet Technologies securities in any jurisdiction including any other companies listed or named in this release.

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