Stadtwerke München (SWM; Munich City Utilities) and coneva GmbH (a subsidiary of SMA Solar Technology AG) are launching a collaboration to jointly develop an integrated energy management system. This will allow households and commercial customers to generate and store their own electricity and optimize its use. The software-based, modular energy management system based on ennexOS, the IoT platform for energy management developed by SMA, is to be integrated into the smart meter gateway.
“Together with Stadtwerke München, coneva GmbH is investing in the future market of the digital energy industry,” said Jochen Schneider, General Manager of coneva GmbH. “The smart meter rollout has now been legally defined for Germany. As part of this collaboration, we will now examine whether and how this digital infrastructure can be effectively used by utility companies and end customers alike to generate additional benefit that is relevant to the end customer, allow them to participate in the energy market and to optimize this participation.”
By combining the energy management system with the smart meter gateway, the gateway can not only be used to transmit consumption data. The secure gateway infrastructure also allows to activate generation systems, energy storage systems and loads, e.g., from the areas of photovoltaics, stationary and mobile storage systems and household appliances.
“As the metering point operator with overall responsibility in Munich, it is naturally important to us to further expand the use of the existing digital smart meter infrastructure,” said Florian Bieberbach, Chief Executive Officer of SWM. “Working closely with coneva, we now want to further promote the digitalization of the energy transition and expand it by the functional scope of energy management. We consider the joint pilot project as the next logical step in further promoting the renewable energies expansion campaign.”
About coneva
coneva GmbH, a subsidiary of SMA Solar Technology AG, develops digital energy solutions for the modern world of energy. It offers companies such as public utilities, housing associations and telecommunications companies comprehensive White Label solutions for integrating its customers into the energy market. In addition, coneva GmbH provides solutions for energy monitoring, control and management to enable commercial enterprises and public institutions to significantly reduce their energy costs. The heart of coneva GmbH’s business model is holistic energy management across all sectors. Here generators such as photovoltaic and CHP plants are connected with loads such as lighting, heating, ventilation, air conditioning and refrigeration via the ennexOS energy management platform developed by SMA.
About SWM
SWM is Munich’s municipal energy and infrastructure company. It is synonymous with a safe, resource-friendly supply of electricity, natural gas, district heating and district cooling as well as telecommunications and drinking water fresh from the spring. As an organizer of the energy transition, SWM has been continuously expanding use of renewable energy in the areas of electricity and heating since 2008. SWM also operates 18 indoor and open-air swimming pools. As a mobility service provider, SWM’s transport subsidiary, MVG, is responsible for subway, bus and tram services as well as MVG Rad (a bicycle hire service). SWM is digitalizing the city by expanding the smart meter infrastructure and the fiber-optic network extensively, while also expanding Munich’s safe data transmission channels with the LoRa network. SWM is thus laying the foundations for the interconnected, livable city of the future.
Disclaimer:
This press release serves only as information and does not constitute an offer or invitation to subscribe for, acquire, hold or sell any securities of SMA Solar Technology AG (the “Company”) or any present or future subsidiary of the Company (together with the Company, the “SMA Group”) nor should it form the basis of, or be relied upon in connection with, any contract to purchase or subscribe for any securities in the Company or any member of the SMA Group or commitment whatsoever. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended.
This press release can contain future-oriented statements. Future-oriented statements are statements which do not describe facts of the past. They also include statements about our assumptions and expectations. These statements are based on plans, estimations and forecasts which the Managing Board of SMA Solar Technology AG (SMA or company) has available at this time. Future-oriented statements are therefore only valid on the day on which they are made. Future-oriented statements by nature contain risks and elements of uncertainty. Various known and unknown risks, uncertainties and other factors can lead to considerable differences between the actual results, the financial position, the development or the performance of the corporation and the estimates given here. These factors include those which SMA has discussed in published reports. These reports are available on the SMA website at www.SMA.de. The company accepts no obligation whatsoever to update these future-oriented statements or to adjust them to future events or developments.
“Together with Stadtwerke München, coneva GmbH is investing in the future market of the digital energy industry,” said Jochen Schneider, General Manager of coneva GmbH. “The smart meter rollout has now been legally defined for Germany. As part of this collaboration, we will now examine whether and how this digital infrastructure can be effectively used by utility companies and end customers alike to generate additional benefit that is relevant to the end customer, allow them to participate in the energy market and to optimize this participation.”
By combining the energy management system with the smart meter gateway, the gateway can not only be used to transmit consumption data. The secure gateway infrastructure also allows to activate generation systems, energy storage systems and loads, e.g., from the areas of photovoltaics, stationary and mobile storage systems and household appliances.
“As the metering point operator with overall responsibility in Munich, it is naturally important to us to further expand the use of the existing digital smart meter infrastructure,” said Florian Bieberbach, Chief Executive Officer of SWM. “Working closely with coneva, we now want to further promote the digitalization of the energy transition and expand it by the functional scope of energy management. We consider the joint pilot project as the next logical step in further promoting the renewable energies expansion campaign.”
About coneva
coneva GmbH, a subsidiary of SMA Solar Technology AG, develops digital energy solutions for the modern world of energy. It offers companies such as public utilities, housing associations and telecommunications companies comprehensive White Label solutions for integrating its customers into the energy market. In addition, coneva GmbH provides solutions for energy monitoring, control and management to enable commercial enterprises and public institutions to significantly reduce their energy costs. The heart of coneva GmbH’s business model is holistic energy management across all sectors. Here generators such as photovoltaic and CHP plants are connected with loads such as lighting, heating, ventilation, air conditioning and refrigeration via the ennexOS energy management platform developed by SMA.
About SWM
SWM is Munich’s municipal energy and infrastructure company. It is synonymous with a safe, resource-friendly supply of electricity, natural gas, district heating and district cooling as well as telecommunications and drinking water fresh from the spring. As an organizer of the energy transition, SWM has been continuously expanding use of renewable energy in the areas of electricity and heating since 2008. SWM also operates 18 indoor and open-air swimming pools. As a mobility service provider, SWM’s transport subsidiary, MVG, is responsible for subway, bus and tram services as well as MVG Rad (a bicycle hire service). SWM is digitalizing the city by expanding the smart meter infrastructure and the fiber-optic network extensively, while also expanding Munich’s safe data transmission channels with the LoRa network. SWM is thus laying the foundations for the interconnected, livable city of the future.
Disclaimer:
This press release serves only as information and does not constitute an offer or invitation to subscribe for, acquire, hold or sell any securities of SMA Solar Technology AG (the “Company”) or any present or future subsidiary of the Company (together with the Company, the “SMA Group”) nor should it form the basis of, or be relied upon in connection with, any contract to purchase or subscribe for any securities in the Company or any member of the SMA Group or commitment whatsoever. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended.
This press release can contain future-oriented statements. Future-oriented statements are statements which do not describe facts of the past. They also include statements about our assumptions and expectations. These statements are based on plans, estimations and forecasts which the Managing Board of SMA Solar Technology AG (SMA or company) has available at this time. Future-oriented statements are therefore only valid on the day on which they are made. Future-oriented statements by nature contain risks and elements of uncertainty. Various known and unknown risks, uncertainties and other factors can lead to considerable differences between the actual results, the financial position, the development or the performance of the corporation and the estimates given here. These factors include those which SMA has discussed in published reports. These reports are available on the SMA website at www.SMA.de. The company accepts no obligation whatsoever to update these future-oriented statements or to adjust them to future events or developments.
