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Power Analytics, Booz Allen Hamilton, and Siemens to Conduct Microgrid Feasibility Study in New York


May 12, 2015 - Raleigh, NC

RALEIGH, NC--(Marketwired - May 12, 2015) - Partners Power Analytics (PA), Booz Allen Hamilton (BAH) and Siemens announced last Thursday that the Village of Sherburne, NY has awarded them a contract to study the feasibility of installing a community microgrid.

In late April, Sherburne became one of the first five communities to win $100,000 in microgrid funding through New York State's NY Prize competition. PA, BAH, and Siemens helped the central New York village prepare its successful application, and have been retained to conduct the initial development steps. They will study Sherburne's plan for the microgrid to provide energy reliability and resiliency to the village's fire and police departments, the Village Hall, a health clinic, and a wastewater treatment plant.

"As an innovator and pioneer in the concept of a microgrid, we believe that the value to Sherburne residents and business will exceed their expectations," said Kevin Meagher, Power Analytics Chief Operating Officer. "We are excited about the opportunity to help the community secure their energy future and to take this next step in the vision of New York for the future of energy."

PA and BAH will work with Sherburne to determine the most efficient way to develop its microgrid, and Siemens will aid in construction. The project will include a combined heat and power generator and renewable energy sources, such as solar photovoltaics.

"Sherburne along with our consultants Booz Allen is very excited and pleased to have won the first round of the NY Prize Competition. The microgrid concept is something we have thought about for a long time and working together we hope to have a very competitive application for round two," said Mayor William Acee.

BAH is a century-old management and technology consulting firm that is fast establishing a position in the community microgrid market. BAH's technology consulting services provide clients with highly skilled experts and engineers who maintain a deep knowledge of leading technologies. Their consultants combine specialized skills with the firm's proven problem-solving approach, ensuring that we understand a client's mission and objectives.

NY Prize is a first-in-the-nation competition sponsored by New York State Energy Research and Development Authority (NYSERDA) in support of Governor Cuomo's Reforming the Energy Vision plan (REV), to build a cleaner, more resilient, and more affordable energy system for New York. Under this vision, the Governor intends to modernize the reliability, resiliency, and environmental footprint of New York's energy infrastructure and reduce the economic impact of power outages caused by major weather-related events.

About Power Analytics

Embraced by the power industry for more than 30 years, Power Analytics' software is at the forefront of the electrical system planning and operation space for energy intensive, mission-critical facilities and microgrids, and currently protects more than $120 billion in customer assets. Power Analytics was recently acquired by Causam Energy, a leading developer of technologies and commercial applications that provide increased grid intelligence and optimization. Combining their innovative technologies, intellectual property and experienced management teams, the company plans to lead the way in solving power energy problems for the highly networked, next-generation energy grid. For more information, visit www.poweranalytics.com.

About Booz Allen Hamilton

Booz Allen Hamilton is a leading provider of management consulting, technology, and engineering services to the US government in defense, intelligence, and civil markets, and to major corporations and not-for-profit organizations. Booz Allen is headquartered in McLean, Virginia, employs more than 22,000 people, and had revenue of $5.48 billion for the 12 months ended March 31, 2014. In 2014, Booz Allen celebrated its 100th anniversary year. To learn more, visit www.boozallen.com. (NYSE: BAH)

About Siemens

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is No. 1 in offshore wind turbine construction, a leading supplier of combined cycle turbines for power generation, a major provider of power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment - such as computed tomography and magnetic resonance imaging systems - and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2014, which ended on September 30, 2014, Siemens generated revenue from continuing operations of EUR71.9 billion and net income of EUR5.5 billion. At the end of September 2014, the company had around 357,000 employees worldwide. Further information is available on the Internet at http://www.siemens.com.

Contact:
Terri Kallal
Marketing Manager
Power Analytics Corporation
tkallal@poweranalytics.com

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