World's Largest Intelligent Grid Deployment Reaches New Milestone

      World's Largest Intelligent Grid Deployment Reaches New Milestone

Landis+Gyr congratulates TEPCO as it surpasses 10 million installed devices on
utility IoT network

  Canada NewsWire

  ZUG, Switzerland, April 27, 2017

ZUG, Switzerland, April 27, 2017 /CNW/ -- Landis+Gyr, the global leader in
transforming the way energy is delivered and managed, announced that the grid
modernization project underway at Tokyo Electric Power (TEPCO) has surpassed
10 million advanced meters and devices installed and communicating on the
world's largest IoT utility network. In doing so, this complex project has now
reached a breadth and deployment pace which is unparalleled in the utility
industry.

"Our deployment is making smooth progress, and reaching the 10 million
endpoints on the network milestone is a clear indication of the efficiency of
our program and the capability of our leading-edge system developed by
Landis+Gyr. The target for completion is in 2020, and I believe it can be
accelerated, as benefits provided to meeting the customer needs are strong,"
commented Hiroshi Yamaguchi, Executive Vice President, TEPCO.

Driving this connected platform is Landis+Gyr's IPv6 multi-technology network
that connects utility and consumer devices using RF Mesh, G3 PLC and cellular
communications, providing Wi-SUN compliant connectivity to the premise.

Currently, the network is moving data between devices at a rate of 513 million
interval reads per day. When complete, the TEPCO deployment will include more
than 27 million meters and millions of other devices transmitting 1.3 billion
interval data packets daily. All of these messages are processed by
Landis+Gyr's head-end system and meter data management solution.

"The scale of the project, design requirements and overall goals of this
deployment are unprecedented in the industry," said Richard Mora, CEO of
Landis+Gyr. "The challenges of routing and managing this magnitude of data are
real, but we've been able to meet deployment objectives and are positioned to
complete the project ahead of schedule. Landis+Gyr congratulates TEPCO on
reaching this impressive milestone."

Landis+Gyr's network and grid management technology supports multiple smart
grid and smart city initiatives at TEPCO. For example, deregulation of the
Japanese electric market in April 2016 required all meter reads for customers
utilizing an alternative retailer to be pushed to a common portal every 30
minutes, allowing the energy retailers near real time access  to customer
data. Other performance targets include the ability to operate 6.5 million
demand response requests per hour over the same network.   

With an average of 1 million smart meters and devices being installed every
three months, the utility eclipsed the 10-million-meter mark in less than
three full years of deployment. Within seven years, TEPCO will have 30 million
utility and consumer devices operating on the network.

TEPCO is the largest electric utility in Japan and 4th largest in the world.
The utility provides electric service to 45 million people in Japan's Kantō
region, which includes the city of Tokyo, Yamanashi Prefecture, and the
eastern portion of Shizuoka Prefecture.

"Landis+Gyr's pioneering work in Japan is yet another example of our global
capabilities to help utilities transform the way energy is delivered," Mora
said. "With major contracts for utilities in Europe, North America, Asia and
South America, we are extremely proud of the company's unique ability to help
the world manage energy better."

About Landis+Gyr Landis+Gyr is leading grid modernization across the globe
with solutions for utilities that improve reliability, energy efficiency and
consumer engagement. The company's comprehensive portfolio includes
standards-based smart grid networks and intelligent devices, analytics and
data management, renewable integration and energy storage. Landis+Gyr employs
5,700 people supporting customers in 31 countries. With sales exceeding US$1.5
billion, it operates as an independent growth platform of the Toshiba
Corporation (TKY:6502) and is also 40% owned by the Innovation Network
Corporation of Japan (INCJ). More information is available at landisgyr.com.

To view the original version on PR Newswire, visit:
http://www.prnewswire.com/news-releases/worlds-largest-intelligent-grid-deployment-reaches-new-milestone-300446910.html

SOURCE Landis+Gyr

View original content:
http://www.newswire.ca/en/releases/archive/April2017/27/c8399.html

Thomas Zehnder, +41 41 935 6000, Thomas.Zehnder@landisgyr.com, or Casey Clark,
+1.202.346.8844, casey.clark@fticonsulting.com

For further information: Thomas Zehnder, +41 41 935 6000,
Thomas.Zehnder@landisgyr.com, or Casey Clark, +1.202.346.8844,
casey.clark@fticonsulting.com

CO: Tokyo Electric Power (TEPCO)

ST: Switzerland

NI: CPR ELE ELE UTI
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