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EMA Emera Incorporated

45.42
-0.07 (-0.15%)
27 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Emera Incorporated TSX:EMA Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.07 -0.15% 45.42 45.35 45.56 45.65 45.24 45.43 820,677 21:12:14

Emera Maine Chooses DVI for Voltage Optimization Project

27/07/2017 8:32pm

PR Newswire (US)


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RICHMOND, Va., July 27, 2017 /PRNewswire/ -- This week, Dominion Voltage Inc. (DVI), a subsidiary of Dominion Energy (NYSE: D) and leader in Volt/VAR optimization "VVO" solutions, announced that they have been selected by Emera Maine to provide its EDGE® family of solutions as part of their voltage optimization project.

"This project will help us gain the knowledge of how this technology can maximize the life of our existing equipment and respond to peak demand in a smarter way through more efficient energy use," said Robert Belliveau, Vice President, Engineering & Operations, Emera Maine. "Voltage optimization has the potential to deliver significant cost savings for our customers. We look forward to working with DVI on this important project."

Hampden, Maine was chosen as the project site by the utility to take advantage of the varied physical and customer characteristics of these circuits. The project will enable Emera Maine to gain insight into the impacts of voltage reduction on energy savings and peak shaving under multiple conditions and support additional distributed generation.

"DVI is proud to be working with Emera Maine on this project, which will be the first its kind in this region," said Todd Headlee, Executive Director, DVI. "Emera Maine will join our other utility customers who have successfully leveraged their existing AMI infrastructure and the DVI EDGE® platform to deliver reliable energy savings every single day to their customers."

About DVI

DVI is the leading provider of Volt/VAR optimization technology, providing solutions for energy efficiency, demand response, Volt/VAR control, and system reliability. DVI's patented approach plans, manages and validates utilities' grid optimization programs while delivering significant savings to both utilities and their customers (U.S. patents 8437883, 8577510, 9354641, 9563218, 9582020, and other U.S. and international patents pending). For more information about DVI, visit www.dvigridsolutions.com.

About Dominion Energy

Dominion Energy (NYSE:D) is one of the nation's largest producers and transporters of energy, with a portfolio of approximately 26,200 megawatts of generation, 15,000 miles of natural gas transmission, gathering and storage pipeline, and 6,600 miles of electric transmission lines. Dominion Energy operates one of the nation's largest natural gas storage systems with 1 trillion cubic feet of storage capacity and serves more than 6 million utility and retail energy customers. www.DominionEnergy.com

About Emera Maine

Emera Maine (EMA.TO) is a regulated transmission and distribution utility delivering the electricity needed to safely power more than 159,000 customers in northern and eastern Maine. The company is wholly owned by Emera Inc., a full-service energy company based in Halifax, Nova Scotia.

View original content:http://www.prnewswire.com/news-releases/emera-maine-chooses-dvi-for-voltage-optimization-project-300495627.html

SOURCE Dominion Energy

Copyright 2017 PR Newswire

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