To advance its smart grid project, Grand Bahama Power Company will deploy Landis+Gyr's Gridstream® Connect solution to include advanced electricity meters, distribution automation devices, and meter data management. The utility selected Landis+Gyr's multipurpose IoT network for its ability to address additional current and future applications, such as distribution automation, renewable resource integration, and smart street lighting. Landis+Gyr's patent portfolio in the Energy Financial Settlement sector is relatively small compared to other companies in the sector and mostly focused on platform architecture. However, a recently published application for communication technology indicates the company is interested in protecting a comprehensive solution, like the one it plans to provide Grand Bahama.
Decentralization of the world's electrical power generation continues with the introduction of demand response, distributed generation, and microgrid technologies. This Patent Forecast evaluates the fundamental payment and settlement state of the art of clearing and processing energy payment transactions.
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Decentralization of the world's electrical power generation continues with the introduction of demand response, distributed generation, and microgrid technologies. This Patent Forecast evaluates the fundamental payment and settlement state of the art of clearing and processing energy payment transactions.