Energy Management Company Changes Name

Jan 3, 2006 5:32 PM

Power Measurement, a supplier of energy management meters and software acquired by Schneider Electric, announced that it will operate as a global “power monitoring and control” group under the Schneider Electric name. Brad Forth, Power Measurement president and CEO, will lead Schneider Electric’s Power Monitoring and Control (PMC) initiative as vice president, PMC, from the group’s headquarters in Victoria, British Columbia, Canada.

“As a key part of Schneider Electric’s global operation, we now offer our customers the world’s largest range of power and energy-management solutions, integrated seamlessly with Schneider Electric’s full line of power protection, monitoring and control equipment,” said Forth. “By adding Power Measurement’s ION technology to Schneider Electric’s PowerLogic product line, we offer an expanded and enhanced world-class solution to energy suppliers and consumers for managing the cost, quality and reliability of their power.”

In describing Power Measurement’s contribution, Jean-Pascal Tricoire, Schneider Electric chief operating officer, explained that the company will be active in developing intelligent systems for the analysis and control of energy consumption. “Energy won't be cheap in the next five to 10 years, but together we're going to help our customers master their energy bills,” said Tricoire.

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