STOCK TITAN

Evergy partners with Ericsson and Burns & McDonnell to turn on private network in record time

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
partnership
Rhea-AI Summary

Evergy has partnered with Ericsson and Burns & McDonnell to implement a private LTE network aimed at modernizing its grid operations. Awarded in March 2022, the project includes 20 PLTE sites with the first site operational by May 2022. This initiative is designed to enhance reliability and safety while reducing latency for critical applications. The collaboration has expedited the deployment, allowing Evergy to leverage both LTE and future 5G technologies, thus enabling smarter utility operations and fulfilling its Sustainability Transformation Plan.

Positive
  • Partnership accelerates grid modernization efforts.
  • First site operational in May 2022, ahead of schedule.
  • Private LTE network enhances operational reliability and reduces latency.
Negative
  • None.

PLANO, Texas, Oct. 25, 2022 /PRNewswire/ -- Evergy (NYSE: EVRG), Ericsson (NASDAQ: ERIC) and Burns & McDonnell have launched a new private LTE (PLTE) core and radio access network (RAN) to help enable grid modernization efforts at Evergy, a U.S. investor-owned utility, in record time. The project created one unified network capable of supporting an array of both known and future-focused use cases to modernize the grid, increasing reliability and safety while decreasing latency for mission-critical applications.

Headquartered in Kansas City, Missouri, and Topeka, Kansas, Evergy awarded the project to Ericsson in March 2022 with 20 PLTE sites planned in the initial deployment for 2022 to support a smart grid. With the first of these originally set to be completed by October 2022, Evergy expedited the cell site build plan and launched the first site in May 2022, in less than two months from the project award.

"Early in 2021, we identified several use cases that would result in better resiliency and efficiency for Evergy customers. By building a private LTE network we have a more secure and reliable means of transmitting grid data into our back-office systems for processing.  Burns & McDonald has been heavily involved from the initial design work and Ericsson has been a critical partner in the deployment of their RAN technology," said Gary Johnson. Sr. Director of IT infrastructure and Security for Evergy.

"We've commercially deployed and operated secure mission-critical network solutions for both investor-owned utilities and rural municipal utilities across North America," said Per Wahlen, Vice President and Head of Business Development at Ericsson North America. "Evergy in partnership with Burns & McDonnell chose Ericsson not only for our ability to deliver against aggressive timelines but for our technology leadership, meeting capital efficiency KPIs, and focus on security and safety."

For the project, Evergy leveraged experienced utility telecommunications consultant Burns & McDonnell to assist with designing the private network and support the build-out management. Evergy is deploying Ericsson's cloud-native dual-mode 5G Core and private RAN network, which supports both LTE and 5G, allowing for a smooth transition to future 5G services. In addition, through a wide portfolio of additional operational and business support services as well as managed services provision, Ericsson is fully supporting Evergy's ability to rapidly expand the use of PLTE to enable smart grid applications.

"The close collaboration among all parties is what made it possible to complete this project so quickly," said Matt Olson, Vice President at Burns & McDonnell. "We all came together with creative ideas to strengthen the entire effort, giving Evergy a vital, powerful network that will help its communities for years to come."

By investing in grid modernization and rapidly deploying PLTE, Evergy is now better equipped to deliver reliable power to customers and fulfill the potential of its strategic Sustainability Transformation Plan for its customers and stakeholders. The new PLTE network will support a variety of utility use cases, including accelerating decarbonization of the grid, engineering access, fault circuit indicators, line regulators and advanced metering infrastructure solutions.

NOTES TO EDITORS:

Getting the energy utilities industry connected
Private Networks

FOLLOW US:

Subscribe to Ericsson press releases here
Subscribe to Ericsson blog posts here
https://twitter.com/ericsson
https://www.facebook.com/ericsson
https://www.linkedin.com/company/ericsson

MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com  (+46 10 719 69 92)
investor.relations@ericsson.com  (+46 10 719 00 00)

ABOUT ERICSSON:

Ericsson enables communications service providers and enterprises to capture the full value of connectivity. The company's portfolio spans the following business areas: Networks, Cloud Software and Services, Enterprise Wireless Solutions, Global Communications Platform, and Technologies and New Businesses. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's innovation investments have delivered the benefits of mobility and mobile broadband to billions of people globally. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/evergy-partners-with-ericsson-and-burns--mcdonnell-to-turn-on-private-network-in-record-time-301658469.html

SOURCE Ericsson

FAQ

What is the significance of the Evergy, Ericsson, and Burns & McDonnell partnership?

This partnership aims to deploy a private LTE network for grid modernization, enhancing reliability and efficiency.

When was the Evergy LTE project awarded to Ericsson?

The project was awarded in March 2022.

What are the expected benefits of the private LTE network for Evergy customers?

The private LTE network is expected to improve grid reliability, safety, and decrease latency for critical utilities applications.

How many sites are involved in the private LTE network deployment?

The initial deployment includes 20 PLTE sites.

When was the first site of Evergy's LTE network launched?

The first site was launched in May 2022.

Ericsson American Depositary Shares

NASDAQ:ERIC

ERIC Rankings

ERIC Latest News

ERIC Stock Data

26.64B
3.33B
10.62%
0.94%
Communication Equipment
Technology
Link
United States of America
Stockholm