POWRtec, an innovative California-based energy monitoring company, announced that the developments in the Arab world were opening up new opportunities for smart grid technology deployment.
The Middle East market, according to POWRtec, consists of approximately 350 million consumers taking into consideration the entire Arab League countries. If greater emphasis is given to the welfare of citizens and greater accountability it will contribute to less waste of resources and better management of individual countries’ wealth, POWRtec noted.
According to POWRtec officials, the company can optimize electricity consumption and generate savings to both the consumer and the utility company through its optimized smart meters in this region.
Also the political changes happening in the Middle East shows that more accountability is being applied to political leadership and more power is being given to the people, opines POWRtec.
Grant Jasmin, CEO of POWRtec, said in a release, “Along with this, we view the long term potential of recent events as potentially beneficial to the company. This is what POWRtec is about; giving the people control of power.”
POWRtec is a dynamic and unique energy monitoring company which serves the smart meter industry with its innovative intelligent smart meters. The meters offered by the company are network-enabled and can be built to leverage any communications protocol.
As a result, the intelligent smart meters can directly control network enabled, power-draining devices by switching them on and off according to the desired energy output. This enables greater efficiency in the use of resources besides reducing energy bills and benefiting the environment, said officials.
Commenting on the domestic market in the United States, POWRtec said that smart meters provide consumers with optimum control over their energy usage within the home. When used with complimentary energy management devices around the home, a smart network is created with the ability to monitor and reduce power consumption at peak times.
POWRtec emphasized that utility companies can accurately control and avoid excess energy production using its products. The implications for cost and energy savings are significant for both consumer and utility provider.
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Edited by Rich Steeves