Sunday, December 4 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of Nov 28
Week of Nov 21
Week of Nov 14
Week of Nov 07
Week of Oct 31
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    GRID Tantalus delivers three millionth smart grid metre


    September 6, 2022 - Canada StockWatch

     

      Tantalus Systems Holding Inc (TSX:GRID)

      Shares Issued 44,588,196

      Last Close 9/2/2022 $1.14

      Tuesday September 06 2022 - News Release

      Mr. Peter Londa reports

      TANTALUS DELIVERS 3 MILLIONTH INTELLIGENT ENDPOINT TO PUBLIC POWER AND ELECTRIC COOPERATIVE UTILITIES

      Tantalus Systems Holding Inc. has now deployed more than three million smart grid-enabled connected metres with its integrated Truedge computing modules to public power and electric co-operative utilities. This milestone is significant in the evolution of modernizing distribution grids of community-oriented utilities. These connected metres with Truedge computing modules serve as the backbone of a digital network that improves a utility's resiliency in the face of massive economic, environmental and regulatory change.

      Through these three million connected metres, Tantalus is gathering more than 30 billion data points annually that provide visibility into evolving power consumption patterns and corresponding power quality measurements from the edge of the grid. By feeding the data of power from the edge of the grid into advanced software applications and artificial-intelligence-enabled data analytics, Tantalus's customers gain real-time situational awareness to improve their system planning, protect substation and distribution assets, respond faster to emergencies, optimize the efficiency of their grids, and enhance their customer support.

      These connected devices are also capable of reading multiple communication protocols to support an increasing number of initiatives across water and gas departments of multicommodity utilities. As water emergencies surface across the United States, Tantalus is delivering an interoperable system that automates the data collection of industry-leading water and gas metre interface units (MIUs), creating enormous economic and operational advantages.

      "The world is becoming increasingly complicated for utilities as extreme weather events continue to unfold and new technologies, such as electric vehicles, solar panels and storage applications, increasingly surface across the grid," said Peter Londa, Tantalus president and chief executive officer. "The distribution grid is at risk, and it is imperative for utilities to access and analyze granular data to improve their visibility into what is currently unfolding in order to pro-actively plan for the future. Shipping our three millionth endpoint is another example of how our team is helping utilities tap into the power of data to become more resilient, reliable and innovative in the face of relentless change."

      About Tantalus Systems Holding Inc.

      Tantalus is a smart grid technology company that transforms aging one-way grids into future-proofed multidirectional grids that improve the efficiency, reliability and sustainability of public power and electric co-operative utilities and the communities they serve. ItsOur solutions are purpose-built to allow utilities to restore power quickly after major disruptions, adapt to rapidly shifting consumer expectations and population shifts, innovate new solutions based on the adoption of distributed energy resources, and evolve their grid infrastructure at their own pace without needless cost or complexity. All this gives Tantalus's user community the flexibility they need to get the most value from existing infrastructure investments while planning for future requirements.

      We seek Safe Harbor.

    TOP

    Other Articles - Utility Business / General


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.