First of Its Kind Commercial-Scale Smart Grid
Deployment in Brazil Establishes Foundation for Residential
Metering and Distribution Automation Projects
Today at the DistribuTECH Brazil conference, Silver Spring
Networks, Inc. (NYSE: SSNI), a leading networking platform and
solutions provider for smart energy networks, and CPFL Energia,
Brazil's largest private electricity group, announced the
successful completion of the Grupo A client smart grid rollout in
the state of Sao Paulo. The next phase, which calls for CPFL to
implement the smart grid for Grupo A clients in the state of Rio
Grande do Sul, is expected to bring the total number of commercial
and industrial customers connected to over 25,000 by the end of
2014.
CPFL also expects to leverage the already installed Silver
Spring networking platform for an initial project to deploy the
smart grid to residential, low-voltage customers later in 2013.
CPFL further expects to partner with Silver Spring on an initial
Distribution Automation project which will automatically reinstate
itself in case of failure, redirecting energy flows though
alternative channels to increase service reliability. This
Distribution Automation project will also leverage Silver
Springâs standards-based network already in place.
âCPFL is leading the Brazilian energy industry with this smart
grid rollout, unlocking benefits for customers, and improving the
operating efficiency of its grid,â said Arthur Lobato, Country
Manager, Silver Spring Networks Brazil. âWeâre excited to help
CPFL leverage its underlying platform to deliver more advanced
smart grid solutions to its customers.â
âAs a part of CPFL`s Tauron infrastructure modernization
initiative, weâve devoted much of our investment to this smart
grid program,â said Paulo Bombassaro, engineering director at
CPFL Energia. âCPFLâs success leading the first
commercial-grade smart grid deployment in Brazil is based on the
IPv6 platform from Silver Spring, and our customers are already
reaping the benefits today.â
âWe congratulate CPFL on its initiative to modernize its power
infrastructure,â said Nelson Fonseca Leite, President of ABRADEE
(Brazilian Association of Energy Distributors). âCPFL has built a
successful smart grid deployment case and demonstrated that this is
a sustainable concept.â
CPFLâs Tauron Program was created to improve grid reliability,
speed up response time, optimize on-site operations, and protect
group revenues. During this phase of the program, CPFL is already
seeing the initial results, including:
- Performance and reliability of its
network based on Silver Springâs IPv6 platform is providing
unparalleled success rates of 99.8%
- Reductions in the volume of fraud and
number of faults, which can now be rapidly identified and corrected
by transferring data of the smart metering system every 15
minutes
- Heightened consumer control and
management of their energy usage particularly during peak power
usage
- Upon the projectâs anticipated
completion in 2014, CPFL expects to have eliminated 25,000 truck
rolls per month, which are currently required to read legacy
meters
Silver Springâs IPv6 networking technology enables utilities
of all sizes and across all geographies to deploy the broadest
array of smart grid solutions atop a common platform. Silver Spring
is a longtime open standards technology leader dedicated to
ensuring interoperability, higher quality, and lower cost and risk
for customers. Silver Springâs Smart Energy Platform
interoperates with a broad array of technology vendors around the
world, including smart grid technologies from leading suppliers to
the Brazilian market such as Cooper, Eletra, Elster, Itron,
Landis+Gyr and Nansen. For more details on partnering with Silver
Spring Networks please visit
www.silverspringnet.com/partners.
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About CPFL Energia
CPFL Energia is the largest private group in Brazil's
electricity sector, distributing, generating and selling energy and
services. With a 13% share of the energy distribution market, it is
market leader serving 7 million consumers in the States of São
Paulo, Rio Grande do Sul, Minas Gerais and Paraná. A benchmark for
operational efficiency, the company has stepped up its investments
in smart grid technologies as well as loss reduction and energy
efficiency programs as well as research and development projects in
areas such as green building and electric vehicles.
By sales, it has a 10% share of the free energy market. In the
generating segment, it has consolidated its domestic position as
the second largest private company in Brazil and has adopted a
growth strategy based on clean and renewable energy sources. In
2011, it created CPFL Renováveis, which generates an entry from
alternative renewable sources, such as hydroelectric power
stations, wind farms, biomass thermoelectric stations and, more
recently, the Tanquinho solar power station, the first of its kind
in the state of São Paulo and one of the biggest in Brazil.
Since its 2004 IPO, CPFL Energia has been listed on the
BM&FBovespa New Market and is also listed on the New York Stock
Exchange as ADR Level III, both markets offering the highest levels
of corporate governance. For the eighth consecutive year, the
company's stock have been included in the BM&FBovespa Business
Sustainability Index portfolio and in 2012, celebrating his 100th
anniversary, the Group was included on the Dow Jones Index of
Emerging Markets.
About Silver Spring Networks
Silver Spring Networks is a leading networking
platform and solutions provider for smart energy networks. Silver
Springâs pioneering IPv6 networking platform, with 17 million
Silver Spring enabled devices delivered, is connecting utilities to
homes and business throughout the world with the goal of achieving
greater energy efficiency for the planet. Silver Springâs
innovative solutions enable utilities to gain
operational efficiencies, improve grid reliability, and
empower consumers to monitor and manage energy consumption. Silver
Spring Networks customers include major utilities around the globe
such as Baltimore Gas & Electric, CitiPower & Powercor,
Commonwealth Edison, CPFL Energia, CPS Energy, Florida Power &
Light, Jemena Electricity Networks Limited, Pacific Gas &
Electric, Pepco Holdings, Progress Energy and Singapore Power,
among others. To learn more, please
visit www.silverspringnet.com.
Forward-Looking Statements
This press release contains forward-looking statements about
Silver Spring Networksâ expectations, plans, intentions, and
strategies, including, but not limited to statements regarding the
scope and timing of Silver Springâs engagement with CPFL Energia,
including CPFL Energiaâs anticipated residential metering and
distribution automation projects. Statements including words such
as âanticipateâ, âbelieveâ, âestimateâ, âexpectâ or
âfutureâ and statements in the future tense are forward-looking
statements. These forward-looking statements involve risks and
uncertainties, as well as assumptions, which, if they do not fully
materialize or prove incorrect, could cause our results to differ
materially from those expressed or implied by such forward-looking
statements. The risks and uncertainties include those described in
Silver Spring Networks' 10-Q for the quarter ended June 30, 2013
filed with or furnished to the Securities and Exchange Commission.
All forward-looking statements in this press release are based on
information available to Silver Spring Networks as of the date
hereof. Silver Spring Networks assumes no obligation to update
these forward-looking statements.
Silver Spring NetworksNoel Hartzell, 650-839-4184Global
Communicationsnhartzell@silverspringnet.com
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