Turku Energia Sähköverkot and Landis+Gyr Extend Smart Metering and Managed Services Cooperation
Turku Energia Sähköverkot Oy and Landis+Gyr Oy have signed an agreement to introduce a new generation of metering and telecommunications solutions to meet new regulation needs and drive Finland's environmental objectives.
JYVÄSKYLÄ, Finland , Nov. 24, 2022 /PRNewswire/ -- Turku Energia Sähköverkot Oy decided to continue its long-term metering service cooperation with Landis+Gyr Oy (SIX: LAND). The metering agreement covers the delivery of a total of 125,000 smart meters, reliable IoT communication and a 10-year managed service agreement. Landis+Gyr will install 95,000 smart meters and Turku Energia Sähköverkot Oy 30,000.
Turku Energia Sähköverkot's entire existing metering equipment will be replaced with new, efficient and intelligent measurement devices (E360, E360 CT, E660) in the coming years. The new smart meters and services will meet all the requirements of the new metering regulation, including a 15-minute or shorter measurement period, extensive power quality monitoring capabilities and interfaces with home automation. In addition, reliable and cost-effective mobile IoT technologies (NB-IoT and LTE M1) will replace the existing telecommunications solution.
"We are very pleased with our long-standing partnership with Landis+Gyr and are delighted to continue it with this measurement service partnership," said Tomi Toivonen, Managing Director of Turku Energia Sähköverkot Oy. "Our new agreement will secure energy metering for our customers well into the future. Energy metering plays a very important role in meeting Finland's energy supply and environmental objectives, both today and tomorrow. We believe that our cooperation will support our customers in managing these also in the future."
As a pioneer in te introduction of smart metering on a large scale, Finland's new regulation requires installed devices to not only act as electricity meters but also as smart sensors capable of managing advanced power quality measurements and automated controls at the edge of the grid.
"In light of the current energy crisis, the need for intelligence at the grid edge has never been more crucial," said Tommi Österberg, Sales Director at Landis+Gyr. "Energy companies require fast, reliable and secure data transmission and our ability to monitor and process data will contribute to better load balancing, power quality and reliability. We look forward to supporting this effort and managing energy better together."
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