Schneider Electric, the leader in the digital transformation of energy management and automation, has signed a contract to supply medium voltage (MV) equipment and grid management software to upgrade Serbia’s electrical distribution network. This country-wide, grid modernization project aims to improve network reliability, reducing power outages and their duration.
This upgrade will improve the quality of electricity supply and thus strengthen the service provided by Serbia’s distribution system operator Elektrodistribucija Srbije (EDS) and its customers.
As a market-leading technology provider, Schneider Electric has the connected products, software, and expertise to modernize, automate and transform the country’s entire MV grid. The digitalized grids of the future improve energy efficiency, accelerate the integration of renewable energy sources, such as solar and wind power, balance energy supply and demand and thus facilitate the green energy transition. Data management capabilities support efforts to optimize and decarbonize demand-side energy use.
Grid modernization and digitalization also help identify how best to configure and operate the existing distribution network, which can reduce or postpone large capital investments in building power plants – saving public funds and reducing waste.
About Schneider Electric
Schneider Electric is an energy management and automation company that develops related technologies and solutions for electricity distribution. Its major products include automation and control products; low voltage products and systems; solar and energy storage; medium voltage distribution and grid automation; and critical power, cooling, and racks. The company also offers energy and sustainability services, field and automation, cloud, consulting, and training services. The Company serves various industries, including banking and finance, food and beverage, healthcare, life sciences, marine, metals, minerals and cement, mining, oil and gas, retail, and automotive and mobility, among others. The company has a presence in Africa, Europe, Asia-Pacific, the Middle East, South America, and North America. Schneider Electric is headquartered in Rueil-Malmaison, France.