Landis+Gyr to Strengthen DONG Energy’s Metering Management
Leading Danish energy company chooses Landis+Gyr to deliver a meter data management system that will support smart metering at all of its residential metering end-points
ZUG, Switzerland and FREDERICIA, Denmark, Jan. 5, 2015 — Landis+Gyr, the global leader in energy management solutions, and DONG Energy, one of the leading energy groups in Northern Europe, have signed an agreement for a Meter Data Management System (MDMS) which will be integrated into the utility's existing IT architecture. The move comes as Dong Energy prepares to start the replacement of its entire metering infrastructure in the residential sector.
Over the next four years, Landis+Gyr will deliver its Gridstream® MDMS to DONG Energy. Between 2017 and 2020, DONG Energy will replace its entire residential meter base with smart meters, totaling one million metering end-points. The Landis+Gyr solution will enable the utility to efficiently process and validate hourly energy data collected from the smart meters.
The Gridstream MDMS brings many benefits to Dong Energy. The system provides automatic consumption, trending, and validation of revenue-based meter readings and of power quality data, which means that potential issues such as poor voltage quality in the network can be identified – and remedied – quickly. Further benefits include the automation of business processes.
Michael Sørensen, Country Manager of Landis+Gyr Denmark, says that the agreement is a milestone, "We are proud to be providing key features to DONG Energy's smart metering deployment. In today's smart grid developments, utilities are increasingly integrating MDMS with other systems and continue to rely upon our solution to efficiently process large amounts of data."
Vice President Anders Vikkelsø at DONG Energy says, "The Landis+Gyr solution has been chosen with our exact market needs and expectations in mind. We have now taken the first important step to ensure that, by the end of 2020, all of DONG Energy's one million customers have remotely read electricity meters."
Meter Data Management systems process the vast quantities of data that are collected in the head-end system from individual meters. An MDMS will typically import the data, then validate, cleanse and process it before making it available for billing and analysis.
DONG Energy is one of the leading energy groups in Northern Europe. Our business is based on procuring, producing, distributing and trading in energy and related products in Northern Europe. DONG Energy has around 6,500 employees and is headquartered in Denmark. The Group generated DKK 73 billion (EUR 9.8 billion) in revenue in 2013. For further information, see www.dongenergy.com.
Landis+Gyr is the leading global provider of integrated energy management products tailored to energy company needs and unique in its ability to deliver true end-to-end advanced metering solutions. Today, the Company offers the broadest portfolio of products and services in the electricity metering industry, and is paving the way for the next generation of smart grid. With annualized sales of more than US$1.5 billion, Landis+Gyr, an independent growth platform of the Toshiba Corporation (TKY:6502) and 40% owned by the Innovation Network Corporation of Japan, operates in 30 countries across five continents, and employs 5,500 people with the sole mission of helping the world manage energy better. More information is available at landisgyr.com.
MEDIA CONTACT: Landis+Gyr – John Harris, Vice President and Head Governmental Affairs and Communications, Landis+Gyr AG, Theilerstrasse 1, 6301 Zug, Switzerland, Tel. +41 41 935 6439, Mob. +41 76 315 6310, Email: email@example.com; DONG Energy – Morten Kidal, Senior Press Advisor, DONG Energy, Nesa Allé 1, 2820 Gentofte, Denmark, Tel. +45 9955 9583, Email: firstname.lastname@example.org