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4-Traders Homepage  >  Equities  >  Mercado Continuo Espanol  >  Iberdrola SA    IBE   ES0144580Y14

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Iberdrola : Tripartite partnership drives smart tech in SA energy

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05/20/2016 | 02:35pm CEST

A partnership consisting of a local consulting company, a global adviser and an energy group is poised to advance the development and implementation of smart energy technologies and services in South Africa. EON Consulting, Analysys Mason and Iberdrola respectively have announced the collaboration.

The partnership brings together global best practice and local expertise to support the transformation of the utility sector and help deploy energy solutions that will benefit utility operators and consumers alike and enable South Africa to leapfrog the energy challenges it has faced in the past. "Achieving transformation in the South Africa market requires the leveraging of global expertise in utility transformation and the use of smart energy technologies, coupled with strong local knowledge around the particular requirements of the South Africa market and its consumers," explained Bertha Dlamini, Chief Executive Officer of EON Consulting.

The partnership will leverage Iberdrola's global leadership in utility operations and technology development. Iberdrola was instrumental development and formation of PRIME an open standard with real interoperability for smart metering and smart grids. The company also recently completed a roll-out of more than 7,5 million smart meters in Spain that will reach the total figure of 10,5 million in 2018.

Analysys Mason brings to the partnership global advisory skills and best practice in communications and networks technology, utility applications and smart energy. Analysys Mason has worked with utilities, governments and communications service providers across the globe.

© Pakistan Press International, source Asianet-Pakistan

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