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Euro firms Schneider, Siemens, and affiliates are reshaping smart grid

Schneider Electric has long held a dominant market share in building power equipment, and now that it owns smart grid software vendor Telvent, it’s hooking up the grid to all those buildings.

The French power giant is testing a mix of smart city technologies in locations in France, China and the US, Michel Crochon, head of the company’s infrastructure unit, told Bloomberg this month. Specifically, Crochon said that Telvent’s ability to monitor and model power grids, water pipes, HVAC systems and other city equipment, would be linked with its weather forecasting smarts.

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