ABB Wins US $14-Million Contract to Upgrade Irish Power Network; Ongoing Project Part of Strategic Plan to Make Ireland a Hub for eCommerce.Business Editors ZURICH, Switzerland--(BUSINESS WIRE)--May 21, 2001 ABB n. 1. Among weavers, yarn for the warp. Hence, Noun 1. ABB - an urban hit squad and guerrilla group of the Communist Party in the Philippines; formed in the 1980s said today it has won a contract this year worth approximately US $14-million to expand and upgrade the power network in and around Dublin, Ireland. The ongoing project is part of Ireland's infrastructure development plan, and is aimed at making the country a European hub for eBusiness and other emerging industries. An initial order for four substations was placed by Ireland's national utility, the Electricity Supply Board (ESB (Enterprise Services Bus) A message broker that supports Web services. See message broker, messaging middleware and Web services. ). In partnership with ESB, ABB will begin upgrading the network of 110-kilovolt (kV) and 20-kV substations in the Dublin area. "Our expertise in both equipment, monitoring and control systems for power grids, combined with our experience in deregulating de·reg·u·late tr.v. de·reg·u·lat·ed, de·reg·u·lat·ing, de·reg·u·lates To free from regulation, especially to remove government regulations from: deregulate the airline industry. markets around the world, allows us to deliver highly reliable solutions to make utilities more competitive," said Richard Siudek, the executive vice president and head of ABB's Utilities division. "We expect demand for reliable power to continue to grow, driven not only by deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. but also by the needs of expanding eBusiness infrastructure." During the past decade, high-tech industries have flocked to Ireland, drawn by an investment- and technology-friendly business climate, broadband Internet access Broadband Internet access, often shortened to just "broadband", is high speed Internet access—typically contrasted with dial-up access over modem. Dial-up modems are generally only capable of a maximum bitrate of 56 kbit/s (kilobits per second) and require the full use of a and a large pool of skilled high-tech labor. In addition to supporting the next phase of power infrastructure development in Ireland, ESB is also adapting to deregulation of the Irish power industry, where power reliability and cost-effectiveness are key to competitive success. ABB will build its most advanced network sensor A device that measures or detects a real-world condition, such as motion, heat or light and converts the condition into an analog or digital representation. An optical sensor detects the intensity or brightness of light, or the intensity of red, green and blue for color systems. and control technologies into the substation upgrade project, and help ESB achieve those goals. ABB (www.abb.com) serves manufacturing, process and consumer industries, utilities, and the oil and gas sector, with 160,000 employees in more than 100 countries. |
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