Italian-based multinational utility firm Enel and Russian electric power company Rosseti partnered on the digitisation of energy networks.In a combined statement, Enel and Rosseti said they signed a Memorandum of Understanding (MoU) enabling the two to jointly research and implement innovative energy solutions to improve the operations of their smart grid networks over the next two years.
Commenting on the signing of the MoU, Franceso Starace, CEO of Enel, said: “This Memorandum of Understanding allows us to share our expertise on one of the key areas of the Group’s global strategy such as network digitisation, with particular emphasis on smart metering, network automation, and electric mobility.
“In addition, the MoU will allow us to further explore the potential of our most innovative solutions in smart grid operation, a field in which Enel is traditionally a best-in-class benchmark.”
Upgrade to smart grid networks
In the last quarter of 2016, Enel developed its 2017-2019 grid modernization roadmap which includes the adoption of advanced smart grid technologies and business models to optimise the operations of its subsidiaries in different countries.
For instance, under the plan, Enel is replacing existing smart meters with second-generation smart meters in Spain, whilst in Romania, Chile, Brazil and Colombia, the energy company is deploying pilot projects for the second generation smart meters.
By partnering with Enel, Rosseti says it will improve its knowledge in the construction and maintenance of smart grid infrastructure as part of the utility's efforts to optimise the reliability and efficiency of grid network through real-time management of 2.3 million km of transmission and distribution lines and 496,000 substations.
Oleg Budargin, general director of Rosseti, said: “The implementation of smart meters will allow the architecture of future energy system to be built, as well as developing new services, reducing power losses and optimising costs.
“These are important factors from the point of view of the customers, who become an active part of the system and are interested in increasing the efficiency of their own energy consumption and the overall efficiency of the system as well.”
The MoU was signed at the St.Petersburg International Economic Forum (SPIEF), an annual event local and global stakeholders in the business and economics sectors discuss challenges and provide solutions to improve the Russian economy.
The forum was launched in 1997 and this year's edition was held from the 31st of May to June 3 in Russia.
Image credit: 123rf.