Echelon Corp. (NASDAQ: ELON) won a 20,000 follow-on smart meter order as part of a project in Basel, Switzerland, and a 1,400 smart meter pilot in Vienna, Austria, for its advanced grid sensors, which also provide smart metering functionality.
Echelon's partner, Ubitronix System Solutions GmbH, was awarded a 20,000-follow-on unit smart meter project in Basel by Industrielle Werke Basel. Basel is Switzerland's third most populous city, and the ongoing project was won based upon the positive results from last year's 25,000-unit Echelon smart meter deployment.
In addition to remote reading of metering and power quality data by the utility, consumers will gain access to current consumption and rate information; remote control of electrical loads; the ability to integrate renewables; and control of rate structure, which will provide them more accurate data to reduce errors and minimize the cost of metering. Installation has started and will continue through 2013.
Through its Austrian partnership with Kapsch, Echelon was awarded a 1,400-unit pilot at WIEN ENERGIE Stromnetz GmbH, the largest Austrian utility with over 1 million customers. The pilot — which covers Vienna, Lower Austria, and Burgenland — is expected to begin in May and is based upon extensive laboratory, safety and internal testing of Echelon's smart meters.
The pilot will use Echelon's power line technology to measure electricity in 15-minute intervals, employing various security mechanisms, including 128-bit encryption, to ensure reliable and secure data communication and collection.
This project is the first phase for WIEN ENERGIE Stromnetz GmbH to fulfill Austria's aggressive grid optimization and modernization plan to transition 95 percent of its 5 million households to smart meters by 2019, a year in advance of the European Union 2020 mandate.