Energy

Geo Announce New Energy Brand ‘Tempo’ and Reveal Results Of ‘Cosy Nordics’ Trial Project

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Geo, the innovative smart energy product and service developer for consumers, has decided to announce two original initiatives at European Utility Week in Barcelona (15-17 November), as part of the company’s hybrid ‘Home Together Under One Roof’ concept.

Tempo is a new brand that brings together all of the key connected energy services and products offered by Geo to utilities companies. A menu structure will make it easy for customers to select individual or combined solutions that range from the efficient collection of raw data for delivery onto cloud servers; processing the information so that it can be analysed; and finally assistance with app or portal developments that can display the data in a useable format to consumers. Part of the Tempo service will also be to deliver data to in-home displays should this be required.

“We want to make it as simple as possible for utilities to be able to pick and mix our services and products to really suit their individual requirements,” said Simon Anderson, Chief Strategy Officer at Geo. “Tempo is about delivering flexible data solutions and flexible pricing as part of one Geopackage, and we are excited to be launching this at EUW.”

Geo will also be unveiling the initial results of two energy projects that it is trialling in Finland and Norway where the vast majority of the population is dependent on electricity for its heating. The Cosy Nordics initiative provides an automated mechanism to take advantage of spot pricing for electricity ensuring that consumers optimise heating in the home at the best possible price. Results from the trial so far indicate that savings of up to 30% can be achieved.

“We are gathering data on the success of Cosy Nordics currently, but if it continues to show such a decrease in electricity costs, we expect to deploy it as a new service next winter, at which point other countries will also be able to take advantage of it too,” continued Simon Anderson.

The Geo stand (3D69), is in the Intelligent Buildings Europe zone at EUW and will also feature Topaz – Geo’s integrated energy management system (iEMS) that works with individual technologies including metering services, energy storage, solar, smart heating and appliance controls to enhance their smartness and benefit the householder.

For further information on European Utility Week and to register for the event: http://www.european-utility-week.com/Register

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