Smart Wires Technology Ltd. announced a new agreement with Operato d.o.o. to act as a re-seller for Operato's SUMO Dynamic Rating System. This compliments and strengthens Smart Wires' existing offering to help grid operators meet the demands of renewable energy adoption and demand-side electrification with advanced data analytics, system modeling and power flow optimization. Powerful synergies exist between these technologies.

Power flow control (Smart Wires existing offering) maximizes the use of grid capacity by redirecting power flows to underutilized lines. A dynamic rating system (Smart Wires new offering) uses weather data to find and quantify situations where even more additional capacity might be available. The combined application of these two technologies creates a multiplier effect which enables much more renewable energy to flow on the existing grid infrastructure.

The total available market for dynamic rating systems and the additional power flow control technology required to fully leverage the newly identified circuit capacity is estimated at $10 Billion per annum. There is growing industry agreement on the importance and criticality of leveraging dynamic ratings for lines and other electric system equipment to improve system safety and efficiency. Earlier this year, FERC (the national regulator for electric utilities in the US) opened a notice of inquiry on dynamic line ratings which seeks guidance on a threshold for transmission lines to qualify for a dynamic line rating requirement.