Cambridge, U.K. — (METERING.COM) — January 14, 2011 – GE has acquired the Tring, Hertfordshire headquartered smart metering solution provider Remote Energy Monitoring, Ltd.
According to a statement this acquisition enhances GE’s ability to address the European Union’s goals for a lower emission, higher efficiency energy infrastructure. Remote Energy Monitoring’s software and hardware technologies allow consumers and utilities to better monitor and manage their energy usage.
Remote Energy Monitoring’s metering solutions are approved by U.K. regulators. The modular design of the solutions makes them field upgradeable, enabling utilities to integrate new capabilities in the future without the time and expense of switching out meters.
“Advanced software, flexible systems and robust communications are critical elements in modernizing our infrastructure to meet the world’s energy needs,” said Bob Gilligan, vice president of GE’s Digital Energy business. “The accelerating pace of change of the energy industry demands flexible, cost effective solutions that can be modified to meet the changing needs.”
Remote Energy Monitoring also has operations in Melbourne, Australia.