NewGrid

NewGrid

Utilities

Somerville, Massachusetts 846 followers

About us

NewGrid is a software firm in the electric power industry. NewGrid transmission topology optimization software automatically identifies grid reconfigurations to route power around congested transmission facilities. NewGrid software supports power operations, operations planning, and markets decision making, and enables improved grid operations: • Increase grid transfer capacity • Reduce grid congestion costs • Relieve transmission facility overloads • Streamline the development of contingency plans Our team is made of engineers, researchers, software developers and economists with years of experience in power systems and markets analysis and design. With DOE ARPA-E support, NewGrid’s founders led the first team to ever produce security-constrained topology re-configurations on large-scale RTO systems automatically, with short calculation times acceptable to system operators.

Website
http://newgridinc.com
Industry
Utilities
Company size
2-10 employees
Headquarters
Somerville, Massachusetts
Type
Privately Held
Founded
2016

Locations

Employees at NewGrid

Updates

  • View organization page for NewGrid, graphic

    846 followers

    Looking forward to seeing you at CIGRE 2024! https://lnkd.in/gF2Y-pjt

    View profile for Pablo Ruiz, graphic

    CEO and CTO at NewGrid, Senior Consultant at The Brattle Group, Research Associate Professor at Boston University

    🚀 Meet NewGrid at CIGRE 2024 in Paris! The NewGrid team will be participating in the CIGRE Paris Session 2024 from August 25 to 30 at the Palais des Congrès. Join us for an exclusive 1-hour workshop to dive into topology optimization and discover how it can help relieve congestion in modern grids. Don’t miss this opportunity to explore solutions that can drive real change in your business! 📅 Workshop Details Theme: How to Relieve Congestion in Modern Grids? Date: Thursday, August 29, 2024 Time: 11:00 AM - 12:00 PM Location: Room 121, Private Workshop (Palais des Congrès, Paris) Register: https://lnkd.in/eBwyDBWd We’ll also be available throughout the event at Stand 337 (3rd Floor). Feel free to drop by anytime for a personalized discussion about how NewGrid's solutions can benefit your business. Prefer to set up a dedicated time to meet? Simply get in touch and we’ll schedule a time at our stand. Looking forward to an insightful week and meaningful connections! Let’s connect at CIGRE 2024 🤝 #CIGRE2024 #NewGrid #PowerSystems #GridOptimization #ParisSession #CIGRE

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Funding

NewGrid 5 total rounds

Last Round

Grant

US$ 250.0K

See more info on crunchbase