General Electric (GE) Acquires Energy Control Systems To Enhance Smart Grid Offerings

Posted by | # |
09:25:34 am on August 2, 2010

General Electric announced this morning that it has acquired SNC-Lavalin’s Energy Control Systems business as well as its network management and control software. Energy Control Systems’ software is used to improve the efficiency and reliability of the electric power grid, so this acquisition will enhance GE’s smart grid-related offerings.

In a Bob Gilligan, vice president–digital energy for GE Energy Services, commented on the acquisition:

“ECS software empowers everyone along the energy value chain to do a better job with how they handle electricity. By adding the flow of information to the flow of power, we can help utilities be more reliable and efficient. We can help consumers understand and manage their electricity usage. And we can help regulators and governments devise strategies to improve how to cost-effectively ensure reliable energy for everyone who needs it. That’s the power of the new grid GE is building today.”

Tags: , ,
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.


No comments yet.

Leave a comment