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NewGridSomerville
Power trading
“GPS” for the electric grid, that identifies smart mitigation options to bypass congestions, optimize the flows and improve the utilization rate of electric assets.
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LocationSomerville
Founded2015
Employees6-15
Fundraising<€500K
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About NewGrid
Issues resolved
The transmission grid can face congestion issues.
It needs a solution that identify options to re-route electricity around bottlenecks, mitigating congestion.
Solution
NewGrid provides grid optimization software and congestion monitoring alongside mitigation services for electricity asset owners and operators.