Participates in Yangzhou, China Smart Grid City Development Workshop
PITTSBURGH, PA, July 30, 2009 – BPL Global®, Ltd. (BPLG), a smart grid technology company dedicated to leading the transformation of energy efficiency and reliability, has become a member of the Joint US-China Cooperation on Clean Energy (JUCCCE) organization. BPLG participated as a featured speaker at JUCCCE’s first Smart Grid City Development Workshop in China for the city of Yangzhou. Meeting growing electricity demand in the world’s fastest growing market for electricity while supporting climate change initiatives is a top priority for the Chinese government and its citizenry. China is poised to adopt Smart Grid technology to execute the transformation of its electric grid and meet its energy efficiency and reliability goals. Applying intelligent grid solutions is critical to enable a grid infrastructure that fuels China’s rapid economic development while minimizing the impact on the environment.
“We welcome the support of BPL Global as a worldwide industry leader in Smart Grid solutions collaborating with JUCCCE to bring intelligent grid solutions to the market in China. BPL Global’s smart grid technology and their worldwide deployment experience will benefit all of our stakeholders,” said Peggy Liu, Chairperson of JUCCCE.
The JUCCCE International Smart Grid Cooperative provides its members with unique access to a premiere platform to engage on issues of paramount importance to their stakeholders, offering the means to address stakeholders’ expectations and also to capture the market opportunities in the growing green sector in China. This highlighted commitment from the Clinton Global Climate Initiative 2008 has embarked on a 3-part series of sessions bringing together the entire energy value chain of Grid Technology and some of the most influential private enterprises and utilities from the U.S. and China in order to accelerate the first large scale Chinese Smart Grid pilot program.
“BPL Global is committed to the Chinese market and has been providing Smart Grid solutions to major electric utilities in China since 2002,” said Keith Schaefer, CEO of BPL Global. “China is the second largest and fastest growing market for electricity in the world and has a leadership role in defining the 21st century grid. BPLG is excited to have our Beijing office and US personnel working with JUCCCE to invest in this strategic opportunity and build on the momentum they have generated for an intelligent grid in China.”
Organizers of China’s electric power industry trade show, EP Shanghai 2009, report that from 2005 through to 2015 China’s average annual power consumption is predicted to grow at a rate of 7.8 percent. By 2010 it is generally accepted that China will supersede the USA as the world’s largest energy consuming nation. As a direct result of this unprecedented growth, investments into China’s power industry will grow to account for a quarter of the world’s total. It is estimated that by 2030 the investments into China’s power generation and transmission & distribution sectors alone will reach some US $2.8 trillion.
“Smart Grid solutions are most valuable when they address the entire energy delivery value chain,” said Wang Peng, General Manager of BPLG Asia. “As the transformation to a smart grid in China accelerates, BPLG can provide solutions that address applications from the substation to and through the customer premises.”
Economic development depends on reliable and affordable electricity. The need for clean energy solutions is an additional burden to this challenge. China’s investment in building the country’s electric grid with Smart Grid technology is a strategic imperative enabling sustainable and reliable electric power. Examples of smart grid technology that China can implement include:
About BPL Global
BPL Global, Ltd. (BPLG) is a smart grid technology company dedicated to leading the transformation of energy efficiency and reliability. The company provides software solutions and services to electric utilities and energy service companies enabling an intelligent grid to more efficiently manage demand, integrate distributed energy resources, improve service reliability, and optimize cost and capital productivity. BPL Global partners with local utilities, Internet service providers, equipment suppliers and financiers to create end-to-end solutions integrating the best in software, communications, hardware and managed services to aggressively deploy smart grid solutions around the world. Part of the clean technology sector of the electric utility industry, our applications provide the critical foundation for a coordinated, intelligent grid to deliver energy more efficiently and reliably for a greener environment.
JUCCCE is a non-profit organization whose mission is to accelerate the greening of China through international collaboration on impactful programs. In conjunction with our strategic advisors, JUCCCE has developed a clear roadmap of high-impact programs that will deliver near-term results, to change the way China creates and uses energy. Established in 2007, JUCCCE has offices in Washington D.C., Shanghai, and Beijing. For more information, please visit www.juccce.com.