Ecuador signs MoU on smart energy adoption 11 DECEMBER 2017

In Ecuador, the Ministry of Electricity and Renewable Energy has signed a Memorandum of Understanding (MoU) on energy security and smart energy adoption with the IEEE Power & Energy Society (PES).

The IEEE Power and Energy Society will develop a framework, which the ministry will implement to address challenges associated with changes in energy demand, generation, transmission and distribution.

The technical professional organisation will identify and help Ecuador to adopt innovative smart energy technologies in line with international standards.

The MoU has four areas of focus namely grid Reliability and Resilience, Ancillary Services, Electric System Efficiency and Application of Technology.

“Engagement with IEEE PES is a logical step for MEER, both for the benefit it can bring to power generation and T&D systems in Ecuador, but also in drawing upon the technical expertise in the country that can lend to the development of globally accepted standards and shared technical developments that can benefit society as a whole,” said Medardo Cadena, the minister of Electricity and Renewable Energy.

“Our commitment to a formal agreement solidifies our relationship with IEEE PES and opens the door to its vast repository of resources and information available today, as well as setting the stage for greater collaboration and the ongoing development of useful resources advancing power technologies.”

“In formalising this agreement with MEER, IEEE PES establishes a strong commitment with the Ecuadorian government to work together towards building the most resilient and reliable electricity systems in the region, particularly in a changing environment of increased reliability and resiliency needs and integration of distributed energy resources and electrical storage,” added, Damir Novosel of IEEE, who spearheaded the collaboration.

Cooperative grid management

Meanwhile, in Malaysia, the Tenaga Nasional Berhad signed an MoU with Belgian energy transmission system operator, Elia, to share experiences in capacity building.

The agreement enables the two to jointly implement some 13 projects over a period of between 2 to 3 years.

The companies will share knowledge in asset management, grid infrastructure development, renewable energy integration, cross-boundary system and market operations and will jointly research and develop new business cases. Read more