Espoo, Finland --- (METERING.COM) --- December 2, 2009 - Nokia Siemens Networks has indicated that it is looking for smart meter and smart grid opportunities among others in the energy sector.
These are among new opportunities that are being opened up by sustainable energy generation and the liberalization of energy markets, and are expected to grow in the next decade, the company believes.
Such opportunities will be addressed using the company’s existing portfolio combined with new partnerships.
“When you look at what is required to manage power grids, or to make full use of unpredictable renewable energy sources such as solar and wind, as well as bringing greater transparency and flexibility to billing, the synergies with the core of our existing telecoms business is obvious,” said Juhani Hintikka, head of operations and business software at Nokia Siemens Networks. “While our research and development remains focused on communication service providers, we will look to exploit opportunities where we can create clear value for our customers by entering new growing markets with our current products and services.”
Nokia Siemens Networks aims to apply its existing charging, mediation, service management and network management solutions, and to work with third parties, to exploit opportunities in the intelligent energy market. The company’s business serving the energy sector will form part of its new Business Solutions organization from January 1, 2010.
Nokia Siemens Networks also has announced a collaboration with software company ServusNet, to help wind power operators optimize power generation and delivery. ServusNet is using Nokia Siemens Networks Open Element Management System (EMS) Suite, a software platform for both utility and telecommunications network management across different technologies and vendors.
With the introduction of smart metering, the measurement of energy consumption in real time can be used to balance peak hour loads and make better use of off-peak supplies, as well as offering more varied tariff structures. Nokia Siemens Networks’ smart metering solution is based on its charge@once software, already serving more than 500 million telecoms subscribers around the world.