The companies said they want to help utilities integrate smart grid investments with asset performance assessment, operations, maintenance and capital investment strategies.
Consumers are looking to manage energy consumption and utilize internal resources to address grid dependability, said Thierry Godart, president of Siemens’ North American smart grid division.
“The goal is not to replace the investment made by utilities recently in enterprise asset management, but to leverage the Utilicase EPS-M platform coupled with Siemens asset and operational knowledge to make the existing information actionable and provide critical insight into grid reliability and risk,” said Utilicase CEO Spero Mensah.
Siemens and Utilicase have previously worked together on delivering a joint offering for energy automation.
For this project, the companies aim to use a modular approach to provide utilities a holistic view of the grid’s status.
Siemens recently formed another energy partnership with Bechtel, where the companies will build a power facility in Texas to provide close to 750,000 homes with electricity.