National Grid plc

Visionary.ai Receives Investment from National Grid Partners

Retrieved on: 
Tuesday, November 22, 2022
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JERUSALEM, Nov. 22, 2022 /PRNewswire/ -- Visionary.ai, a developer of AI for real time video enhancement, today announced that it has received a multi-million-dollar investment from National Grid Partners (NGP), the venture investment and innovation arm of National Grid plc., one of world's largest investor-owned energy companies.

Key Points: 
  • JERUSALEM, Nov. 22, 2022 /PRNewswire/ -- Visionary.ai , a developer of AI for real time video enhancement, today announced that it has received a multi-million-dollar investment from National Grid Partners (NGP), the venture investment and innovation arm of National Grid plc., one of world's largest investor-owned energy companies.
  • Lisa Lambert, Chief Technology and Innovation Officer at National Grid and Founder and President of National Grid Partners said: "Electricity grids by their nature incorporate many geographically distributed assets that need to be monitored for safety, security and signs of damage or malfunction.
  • This investment from National Grid Partners will enable us to build on this foundation and expand the range of solutions we can offer our customers."
  • National Grid Partners (NGP) is the venture investment and innovation arm of National Grid plc., one of the largest investor-owned energy companies in the world.

Key milestone for LiNa Energy as it successfully demonstrates its sodium-ion technology for battery energy storage systems

Retrieved on: 
Wednesday, November 16, 2022
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LANCASTER, England, Nov. 16, 2022 /PRNewswire/ -- LiNa Energy passed a key milestone after it successfully completed an independent demonstration of its lithium-free energy storage systems (made up of its sodium batteries) with commercial partner ion Ventures.

Key Points: 
  • LANCASTER, England, Nov. 16, 2022 /PRNewswire/ -- LiNa Energy passed a key milestone after it successfully completed an independent demonstration of its lithium-free energy storage systems (made up of its sodium batteries) with commercial partner ion Ventures.
  • The trial saw a 1kW/ 1kWh LiNa system perform Dynamic Containment, validating that it can sustain rapid injection and absorption of power to maintain the National Grid's frequency, which is a key revenue stream for battery energy storage systems in the UK.
  • Rich Dawson, LiNa's CTO, said of the test "Electrical grids all around the world will need energy storage assets as renewable generation increases.
  • LiNa Energy demonstrated the technology with ion Ventures, an international developer of renewable generation, clean electrification schemes and optimised, flexible power infrastructure.

Key milestone for LiNa Energy as it successfully demonstrates its sodium-ion technology for battery energy storage systems

Retrieved on: 
Wednesday, November 16, 2022
National Grid plc, Technology, BEIS, Department for Business, Energy and Industrial Strategy, Cobalt, Absorption, Lina Jamil Karam, Business, Li Na, Department, Lithium, National Grid, Human resource policies, Renewable energy, Mobile phone

LANCASTER, England, Nov. 16, 2022 /PRNewswire/ -- LiNa Energy passed a key milestone after it successfully completed an independent demonstration of its lithium-free energy storage systems (made up of its sodium batteries) with commercial partner ion Ventures.

Key Points: 
  • LANCASTER, England, Nov. 16, 2022 /PRNewswire/ -- LiNa Energy passed a key milestone after it successfully completed an independent demonstration of its lithium-free energy storage systems (made up of its sodium batteries) with commercial partner ion Ventures.
  • The trial saw a 1kW/ 1kWh LiNa system perform Dynamic Containment, validating that it can sustain rapid injection and absorption of power to maintain the National Grid's frequency, which is a key revenue stream for battery energy storage systems in the UK.
  • Rich Dawson, LiNa's CTO, said of the test "Electrical grids all around the world will need energy storage assets as renewable generation increases.
  • LiNa Energy demonstrated the technology with ion Ventures, an international developer of renewable generation, clean electrification schemes and optimised, flexible power infrastructure.

High-Voltage Transmission Grid Critical to Meeting Electric Vehicle Charging Demands, First-in-the-Nation Study Finds

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Monday, November 14, 2022
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Electric vehicle (EV) charging needs along Massachusetts and New York highways will require interconnection to high-capacity transmission lines in the next decade, finds a first-in-the-nation study released today.

Key Points: 
  • Electric vehicle (EV) charging needs along Massachusetts and New York highways will require interconnection to high-capacity transmission lines in the next decade, finds a first-in-the-nation study released today.
  • The Electric Highways Study can help utilities and policymakers make smarter decisions about electric grid interconnections and infrastructure, avoiding repeated upgrades and ensuring grid readiness does not hinder the clean energy transition.
  • The analysis included relevant electric vehicle sales goals and mandates in National Grid's home states considering scenarios where all light-duty vehicle sales are electric by 2035 and all medium-and heavy-duty vehicle (MHDV) sales are electric by 2045.
  • Existing transmission lines, which often mirror highway routes, provide a ready-made solution if highway charging sites can "plug-in" to the high-voltage transmission grid.

New York Approves Revelo Advanced Meter

Retrieved on: 
Monday, November 14, 2022
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ATLANTA, Ga., Nov. 14, 2022 /PRNewswire/ -- The New York Public Service Commission has approved the Landis+Gyr (SIX: LAND) Revelo® meter for use in electric metering applications, following third-party testing, as well as performance testing at National Grid's standards laboratory, that demonstrated the meter meets accuracy and reliability requirements of the state of New York.  

Key Points: 
  • Landis+Gyr's AMI grid sensing meter is now certified and will lead the way for next generation energy management and integration of an effective clean energy vision in New York.
  • ATLANTA, Ga., Nov. 14, 2022 /PRNewswire/ -- The New York Public Service Commission has approved the Landis+Gyr (SIX: LAND) Revelo meter for use in electric metering applications, following third-party testing, as well as performance testing at National Grid's standards laboratory, that demonstrated the meter meets accuracy and reliability requirements of the state of New York.
  • The order approving the meter says Revelo is engineered and tested to comply with applicable requirements of 16 NYCRR Part 93 and ANSI C12.20 and is a next-generation platform capable of bi-directional energy management.
  • Revelo is being deployed in National Grid service territories throughout New York.

Former National Grid Director Joins Reactive Technologies as Chief Strategic Growth Officer

Retrieved on: 
Thursday, November 10, 2022
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Reactive Technologies, a UK and Finland-based grid resilience technology company, today announced that it has strengthened its leadership team, appointing Duncan Burt as Chief Strategic Growth Officer.

Key Points: 
  • Reactive Technologies, a UK and Finland-based grid resilience technology company, today announced that it has strengthened its leadership team, appointing Duncan Burt as Chief Strategic Growth Officer.
  • View the full release here: https://www.businesswire.com/news/home/20221110005438/en/
    Duncan Burt joins Reactive Technologies as Chief Strategic Growth Officer.
  • (Photo: Business Wire)
    Duncan was formerly Operations Director for the GB Electricity and Gas Transmission Grids and Chief Sustainability Officer for National Grid Group.
  • Reactive Technologies is a grid resilience technology company helping grid operators, electric utilities, and regulators transition to net zero and ensure resilient renewables-based power grids.

Natural Gas Demand Response Program Demonstrates 18% Savings Potential During a Blizzard

Retrieved on: 
Thursday, October 27, 2022
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BOULDER, Colo., Oct. 27, 2022 /PRNewswire/ -- Copper Labs, a technology provider that unlocks real-time grid-edge data for gas, water and electric utilities, is sharing  results from a pilot program it conducted last winter with utility company National Grid that demonstrates the effectiveness of a natural gas demand response program incorporating near real-time data.

Key Points: 
  • BOULDER, Colo., Oct. 27, 2022 /PRNewswire/ -- Copper Labs, a technology provider that unlocks real-time grid-edge data for gas, water and electric utilities, is sharing results from a pilot program it conducted last winter with utility company National Grid that demonstrates the effectiveness of a natural gas demand response program incorporating near real-time data.
  • Copper Labs' patented technology can help ratepayers and utilities by generating real-time energy usage data directly from existing automatic meter reading (AMR) gas meters without extensive infrastructure upgrades.
  • The result was an 18% reduction in natural gas usage during the peak demand window from customers who received the messages compared to those in the control group who did not.
  • The gas savings allowed National Grid to manage demand and more-efficiently serve its customers while ensuring no system disruptions.

Digital Twin Software Company Sensat Raises $20.5m USD to Automate the Way Infrastructure is Planned, Built and Managed

Retrieved on: 
Thursday, October 20, 2022
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Sensat is a leading digital twin company with a mission to digitize the underserved construction industry and bring efficiencies to the development and operation of large infrastructure projects.

Key Points: 
  • Sensat is a leading digital twin company with a mission to digitize the underserved construction industry and bring efficiencies to the development and operation of large infrastructure projects.
  • Today, more than $150bn worth of assets worldwide are planned, built and managed with Sensat software.
  • We hope to see Sensat become the leading digital twin solution for infrastructure projects in the utility industry and beyond."
  • Today over $150bn of Infrastructure is planned, built and managed through Sensat around the world.

Siemens Energy to supply world’s first emissions-reducing gas/electric hybrid drive system for an LNG plant

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Thursday, October 20, 2022
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Northeast Energy Center (NEC) and Chart Energy & Chemicals selected Siemens Energy to supply a gas/electric hybrid drive system for NECs LNG plant being built in Charlton, Massachusetts.

Key Points: 
  • Northeast Energy Center (NEC) and Chart Energy & Chemicals selected Siemens Energy to supply a gas/electric hybrid drive system for NECs LNG plant being built in Charlton, Massachusetts.
  • Siemens Energy will serve as the single-source supplier of the integrated drive, providing all rotating equipment and associated control systems.
  • The NEC project is strategically important to the security of energy supply of New England that depends on imported LNG.
  • A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies.

National Grid Partners Invests $20M in Startups to Transform the Grid

Retrieved on: 
Thursday, October 20, 2022
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NEW YORK, Oct. 20, 2022 /PRNewswire/ -- National Grid Partners (NGP), the corporate venture and innovation arm of one of the world's largest utility companies, today announced investments of $20M across three startups to transform the way utilities and other enterprises manage vast physical infrastructure. The funding for Exodigo, Sensat and Visionary.ai was unveiled at the inaugural NextGrid Alliance Summit, a first-of-its-kind industry meeting of utility and energy leaders to develop and deploy new technology and share strategies for scaling clean energy to reach net-zero faster. 

Key Points: 
  • "Utilities have long been known for size and reliability but need access to new solutions to better serve customers and the environment," said Lisa Lambert, chief technology and innovation officer at National Grid and founder and president of National Grid Partners.
  • "NGP is challenging the status quo by investing in pioneering startups and sharing strategies across the Alliance to tackle industry challenges.
  • "We launched National Grid Partners four years ago to help us 'look over the hill' and bring new startup technology into National Grid so we can meet the changing needs of our customers," said John Pettigrew, Group CEO of National Grid.
  • National Grid has worked with Sensat on major infrastructure projects in the U.K., where the startup's visualization software platform dramatically streamlined the planning process and reduced costs.