Tendril, developer of the first integrated software/hardware platform to enable real-time, two-way communications between utilities/retailers and their customers on energy supply and consumption, is broadening its smart grid relationship with GE beyond appliances with an equity investment by GE Energy Financial Services.
The Tendril Residential Energy Management Ecosystem (TREE) is designed to help utilities operate more efficiently to improve customer service and comply with new regulatory requirements. The enterprise-class TREE Platform, with engaging in-home devices and a suite of utility applications, provides a secure, end-to-end, easy-to-deploy, open, standards-based energy management system that empowers consumers to take control of their energy consumption. With unprecedented scalability, reliability and extensibility, the TREE Platform provides utilities with demand response, energy efficiency and variable pricing, along with a platform for future applications such as, distributed generation management and vehicle-to-grid.
GE’s investment builds on its appliances partnership with Tendril. GE Consumer & Industrial and Tendril announced in July that they would integrate the TREE Platform to work with GE's dryers, refrigerators, washing machines, and other appliances. GE appliances such as stoves, washers, and dryers, dishwashers, and refrigerators will communicate their power needs to the utilities in real-time. The utilities can then redistribute power as needed more efficiently.
Back
to Daily News
|
