FW: Ontario Minister of Energy awards smart grid funding

http://www.pennenergy.com/index/power/display/0145339638/articles/pennenergy
/power/grid/2012/june/ontario-minister_of.html?cmpid=EnlDailyPowerJune112012

Ontario Minister of Energy awards smart grid funding


June 8, 2012
Source: dTechs epm Ltd.

Mr. Roger Morrison, Chief Executive Officer of dTechs, (dTechs epm Ltd.) is
pleased to announce that dTechs has been awarded Smart Grid Funding for its
project with Oakville Hydro, a mid-sized Ontario electric distribution
utility.

The Oakville Hydro project consists of the installation of 225 high
resolution wireless meters on the medium voltage supply monitoring
approximately 16,000 customer endpoints in Oakville, Ontario. dTechs
monitoring allows for full system monitoring of power usage.

The dTechs MeterSuite is an advanced wireless metering system created to
help electric distribution utilities directly address grid management,
outage management, line-loss reduction and power theft. The dTechs
MeterSuite finds, immediately notifies and directs Utilities to the location
of system outages and atypical consumption. This includes electricity theft,
unsafe high consumption and poor infrastructure areas (e.g. aged transformer
equipment and poor distribution lines). The dTechs metering hardware
installs quickly and seamlessly in the grid, measuring flow in real time at
the most efficient location (medium voltage).

The Smart Grid Fund provides targeted financial support to Ontario-based
demonstration projects that test, develop and bring to market the next
generation of smart grid solutions. The Ministry of Energy ran a thorough
competition for the funds over the past year, and after significant due
diligence on dTechs, its technology and its proposed project, the Minister
of Energy, the Honourable Chris Bentley, announced the decision today at
MaRS. http://news.ontario.ca/mei/en/2012/06/smart-grid-projects.html

"Oakville Hydro is one of the industry leaders in grid visibility, and we
are excited to enhance that visibility and provide what will be the new
expected norm of real time performance of the distribution grid," commented
Mr. Morrison. "The significant due diligence performed by the province and
their auditors provides tremendous credibility to dTechs customers and
investors for the growth of dTechs going forward."


Sent via BlackBerry from T-Mobile