SAN DIEGO, Feb. 1, 2011 (GLOBE NEWSWIRE) -- DistribuTECH
-- Comverge, Inc. (Nasdaq:COMV), a leading provider of Intelligent Energy
Management solutions for Residential and Commercial and Industrial customers is
demonstrating at DistribuTECH this week how OnStar's electric vehicle
infrastructure can be integrated with the Comverge IntelliSOURCE platform. The
demonstration will show how utilities can monitor and control the energy used
by electric vehicles, like the Chevrolet Volt, within broader energy efficiency
and intelligent energy management programs.
"With almost every major car manufacturer investing
in this market, it is only a matter of time before electric cars start to make
up a significant portion of the vehicles sold each year," said R. Blake
Young, President and CEO, Comverge. "With an anticipated 10 million PEVs
on the grid by 2020, this new generation of cars will reduce carbon emissions
and dependencies on oil, and they will also place huge demands on power plants
and transmission lines. With OnStar we can demonstrate how the energy consumed
by electric vehicles can be intelligently monitored and controlled while we
also illustrate the benefits of integrating data from electric vehicles
alongside information from existing energy efficiency programs and other
next-generation applications."
The Comverge intelligent energy management platform --
IntelliSOURCE-- envisions a host of new energy management applications that not
only support the integration of PEVs, but also other applications like
renewables and dynamic pricing. Years of investment in the IntelliSOURCE
platform, the only comprehensive enterprise-class platform for the smart grid,
enables Comverge to uniquely combine energy management software, hardware and
services.
"Managing electricity supply and demand has always
been extremely complex," said Nick Pudar, vice president, planning and
business development at OnStar. "The embedded technology of OnStar allows
for accurate monitoring and controlling of the energy used by electric vehicles
like the Volt. We're excited to offer OnStar's services in preparing customers
and utilities for electric vehicles."
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