Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on solutions for the energy industry. As there is a large number of startups working on a wide variety of solutions, we decided to share our insights with you. This time, we are taking a look at 4 promising Power Outage Management Solutions.
Heat Map: 4 Top Power Outage Management Solutions
For our 4 top picks, we used a data-driven startup scouting approach to identify the most relevant solutions globally. The Global Startup Heat Map below highlights 4 interesting examples out of 192 relevant solutions. Depending on your specific needs, your top picks might look entirely different.
Buzz Solutions – Inspections For Power Outage Prevention
In order to combat sudden power outages in urban areas, utility companies need to react swiftly to mobilize resources and get services running again. Such outages might cost cities millions of dollars per year, causing a pivot towards automated power line inspections powered by Unmanned Aerial Vehicles (UAVs) and predictive analytics. USA-based startup Buzz Solutions develops an Artificial Intelligence (AI) platform for power line inspections. The solution uses drones, enhanced by thermal and multispectral imaging sensors, to regularly collect precision power data. The AI processes the data using a combination of computer vision and deep learning algorithms to find faults, predict outages continuously and to take preventative measures.
GridON – Power Outage Mitigation
Power outage mitigation minimizes a power facility’s downtime and enhances grid and equipment health. Smart components reinforce municipal energy utilities based on integrated monitoring, intelligent data transfer, and built-in analysis. Notably, smart circuit breakers and smart fault current controllers increase stress endurance and hasten the power restoration processes. Israeli startup GridON manufactures fault current limiting solutions that enable network meshing, a cost-effective way to connect distributed generation and renewable energy sources. Both the company’s products, Fault Current Limiter (FCL) and Fault Current Limiting Interrupter (FCLI), ensure continuous and uninterrupted operations of a utility while preventing fault currents, thereby, mitigating power failures, disruptions, and outages.
SmartSide – Automated Metering For Outages Detection
Unlike conventional power reading meters, automated meters reduce energy transmission wastage, diminish human errors, determine potential outage bottlenecks, and elaborate outage alerts. Advanced Metering Infrastructure (AMI) upgrades traditional measurements through wireless communication systems, which detect power outages and risk of outages faster. With remote-controlled smart meters, power can be disconnected during emergency situations, enhancing power safety. French startup SmartSide offers SmartEnergyCore, a platform that connects energy metering infrastructure and management software for distribution network operators. The solution leverages the Internet of Things (IoT) and data analytics to arrange remote commands, effectively supervise networks, and prepare for mitigating power outages.
OneOPI – Power Outage Simulation
Power outage simulations streamline feasibility studies for power cuts throughout the deployment of grids and distributed energy systems. As feasibility studies require a lot of time and money, software that replicates blackouts saves valuable resources. Taking decisions on the basis of a real-time collection, simulation, and evaluation of data, paired with establishing virtual outage management systems enable scenario planning. The USA-based OneOPI provides a micro-grid behavior evaluation Software-as-a-Service (SaaS), capable of replicating planned Distributed Energy Resources (DER), integrated with a continuous real-time data of existing on-site energy systems to ensure swift and simple deployment to incorporate outages control.
What About The Other 188 Solutions?
While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence for your Proof of Concept (PoC), partnership, or investment targets. The 4 startups showcased above are promising examples out of 192 we analyzed for this article. To identify the most relevant solutions based on your specific criteria and collaboration strategy, get in touch.