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Tantalus Systems Holding Inc
Symbol GRID
Shares Issued 44,595,942
Close 2023-09-05 C$ 0.85
Market Cap C$ 37,906,551
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Tantalus Systems begins Trusense field trials

2023-09-06 10:13 ET - News Release

Mr. Peter Londa reports

TANTALUS ANNOUNCES START OF TRUSENSE FIBER GATEWAY FIELD TRIALS

Tantalus Systems Holding Inc. has started field trials for the Trusense fibre gateway (TFG). The Trusense gateway serves as a multipurpose socket-based device that accelerates the modernization of the distribution grid for utilities and delivers secure and interoperable integration of behind-the-metre DERs (distributed energy resources) onto the distribution system. The Trusense gateway is available for multiple communications protocols, including fibre, ethernet and cellular.

The field trials of the TFG are being conducted at several utilities to evaluate and confirm use cases in real-world scenarios prior to product launch. As part of the field trials, participating utilities will confirm the effectiveness and functionality of important features of the TFG including:

  • Providing IPv4/IPv6 communications reliability, security and speed combined with standards-based applications, including IEEE 2030.5, to enable utilities to extend the edge of the grid to devices located behind the metre, such as electric vehicle chargers, inverters, smart appliances and intelligent circuit breakers;
  • Utilizing advanced power quality measurement at the metre socket to pinpoint voltage anomalies, extract waveforms and measure the impact of distributed energy resources on the utility's assets, such as distribution transformers;
  • Unleashing the full benefits of AMI 2.0 via on-board subcycle measurement at the edge of the grid with full metre interchangeability and without requiring utilities to undergo the expense and risks of ripping and replace existing metering assets;
  • Leveraging investments in fibre with Trusense's last-mile fibre system-agnostic approach to enable utility-based applications -- as well as to deliver broadband services to the communities they serve.

Coupled with the high-resolution measurement of power delivery, transient power events, and local conditions such as sags, swells, outages and phase information, utilities will be able to pinpoint vulnerable distribution equipment, such as transformers, understand the true impact of electric vehicles and other DERs on the distribution grid, build robust demand-side flexibility programs, and mitigate the frequency and duration of power outages.

In conjunction with expanding cybersecurity requirements, the Trusense gateway is a highly secure platform using innovative VPN (virtual private network) technologies, secure boot, encryption of data at rest, security-enhanced Linux and multiple firewalls to segregate consumers' behind-the-metre devices data from utility operational data.

"Commencing field trials of our Trusense fibre gateway marks another major milestone for our team," said Peter Londa, president and chief executive officer of Tantalus Systems. "This innovative offering is mission-critical for utilities that want to tap into the power of data, take part in the unfolding energy transition and boost the resilience of their grids. We truly appreciate having the opportunity to work alongside utilities through our advisory committee that are participating in these field trials and taking an active role in helping Tantalus bring the Trusense gateway to market."

This solution comes at a time when utilities report that they are massively underprepared to deal with the accelerating adoption of electric vehicles, rooftop solar and other devices. Tantalus's inaugural Utility of the Future study, released in January, 2023, revealed that 69 per cent of North American utilities surveyed reported being only a little or not at all prepared for the impact of EVs on their distribution grids. That same study showed that modernizing and digitizing the distribution grid -- which includes access to interoperable data from behind the metre -- was a priority for 93 per cent of utilities surveyed.

About Tantalus Systems Holding Inc.

Tantalus is a smart grid technology company that transforms aging one-way grids into future-proofed multidirectional grids that improve the efficiency, reliability and sustainability of utilities and the communities they serve. Its solutions are purpose-built to allow utilities to restore power quickly after major disruptions, adapt to rapidly shifting consumer expectations and population shifts, deliver innovative solutions based on the adoption of distributed energy resources, and evolve their grid infrastructure at their own pace without needless cost or complexity. All this gives Tantalus's user community the flexibility they need to get the most value from existing infrastructure investments while planning for future requirements.

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