Tantalus Systems announced that the Company entered into a reseller agreement with Jesstec Industries Inc. The agreement expands Tantalus' commitment to the Canadian utility industry while providing Jesstec with the ability to offer smart grid solutions to existing and prospective utility customers. Driven by ambitious decarbonization goals, the Canadian utility industry is seeking to surgically migrate to solutions that not only prepare for the future but are also backward compatible with legacy infrastructure. To modernize the grid, utilities are seeking to integrate distributed energy resources, such as inverters for roof-top solar panels, storage solutions and electric vehicle chargers, in a versatile and secure manner.

According to a recent study published by the Northeast Group, the Canadian utility industry represents the 10th largest market on a global basis to upgrade metering infrastructure and digitize the distribution grid. Driven largely by the AMI 2.0 refresh cycle, Canadian utilities are forecasted to deploy in excess of eight million AMI meters by 2027. With advancements in edge computing that can deliver power quality analytics and control of devices located behind-the-meter, the Tantalus solution offered through Jesstec provides a purpose-built smart grid solution that sets the foundation for utilities to become modern, data-driven organizations.