CPS Energy, the nation’s largest gas and electric combined municipal utility, and Silver Spring Networks, a leading developer of smart energy networks, have partnered to support San Antonio’s smart grid development, helping drive increased energy efficiency, automating energy distribution, and improving grid reliability. Through this partnership, CPS Energy and Silver Spring Networks will lay the groundwork to implement smart energy and Smart City technology across CPS Energy’s service territory.
The partnership also is an expansion of San Antonio’s New Energy Economy initiative, an innovative effort that helps citizens use energy wisely and protects our environment, while creating valuable economic development opportunities and education investment for San Antonio’s future. In addition to providing smart grid networking services, Silver Spring will help expand the initiative’s economic development, job creation and workforce development efforts.
“The energy industry is undergoing a major transformation, driven in part by technological advancements and customer expectations for more information,” said CPS Energy President and CEO Doyle Beneby. “Our CPS Energy team is committed to bringing together a broad group of innovators who can help our community prepare for the future. Silver Spring’s vision and world-class technology are an exciting addition to the New Energy Economy hub that is developing in San Antonio.”
“We believe that innovation, energy efficiency, and economic growth go together hand in hand. It’s terrific to partner with leaders like CPS Energy that possess the expansive vision required to solve society’s most challenging problems,” added Scott Lang, Chairman, President, and CEO at Silver Spring Networks. “And smart energy is only the beginning – we look forward to partnering with CPS Energy to work to establish the United States’ most modern Smart City infrastructure, fueling innovation and economic growth for years to come.”
Silver Spring Networks provides a high-performance IPv6-based network that establishes a communications foundation for all of a city’s assets. Its high-bandwidth capabilities enable support for a myriad of solutions including smart energy metering, smart street lighting, environmental sensors, traffic signals, electric vehicles, information panels, and parking meters, among others.