Singapore Power will leverage its AMI deployment to connect an additional 200,000 electric residential customers. According to a release, Silver Spring’s multi-application IPv6 platform will be extended to help Singapore Power improve its operational efficiencies, serve more advanced metering customers and for Singapore Power to develop a digital data and Internet of Things (IoT) platform. [BGE selects Silver Spring to connect grid devices]
The release adds that the joint efforts will support Singapore’s ‘Smart Nation’ goal by leveraging the IoT to improve efficiency, security, economic development and quality of life for its citizens.
Says Mike Bell, president and CEO, Silver Spring Networks, “Singapore Power is known as an industry leader globally, and their broad vision to leverage the value creation of IoT is transforming the definition of a modern utility. Our continued efforts can help move the country’s Smart Nation vision to reality through proven and secure nationwide coverage that has no limits on scalability.”
Capitalizing on IoT
The California-based firm said that it will collaborate with Singapore Power on a variety of product and market development activities, with the intent to unlock the creativity of IoT innovation of Singapore’s commercial and academic institutions. In support of its collaboration with Singapore Power—and to help capitalize on IoT opportunities in the region.
“Singapore Power’s mission is to deliver reliable and cost-effective energy services to improve quality of life for Singapore,” added Samuel Tan, chief digital officer, Singapore Power. “With rapid change and evolving customer needs, we must be innovative in creating secure, sustainable solutions to help our customers save energy and cost. Our collaboration with Silver Spring in harnessing the power of digital technology will enable us to better serve our customers in the future.”
Since April 2014, Silver Spring has helped Singapore Power deliver deregulated energy services for the Energy Market Authority’s retail contestability program in Singapore. The firm has deployed its IPv6 platform throughout the country to enable customers to choose from a variety of retail energy providers and purchase electricity at wholesale market prices. [Singapore conducting studies for large-scale smart meter rollout]