Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the energy industry. This time, you get to discover 5 hand-picked energy grid security solutions.
Out of 87, the Global Startup Heat Map highlights 5 Top Energy Grid Security Solutions
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 87 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 82 energy grid security solutions, get in touch.
Grid Assurance improves Electric Grid Resilience
Electrical grids are the foundation of all modern cities with any interruption in their operation having immediate and widespread effects. With increasingly intense weather conditions, power grids are at risk of substantial damage resulting in long downtimes. Adding to this, repairs are potentially further delayed due to the high procurement times for energy grid components. To overcome these problems, startups focus on solutions that improve the resilience of electrical grids.
US-based startup Grid Assurance provides solutions for the restoration of critical power transmission equipment. Their solutions currently focus on damage restoration of extremely high voltage transformers, circuit breakers, and bushings from high-impact events. This, in turn, enables grid operators to quickly restore their services without having to wait for months to procure new equipment.
Keynetic provides Grid Cybersecurity
In recent years, there have been many cyberattacks on power grids that caused disruption for millions of users. Moreover, the decarbonization and digitalization of the energy industry through wind and solar power, smart meters, and internet of things (IoT) devices only increase the vulnerability of electric grids to cyberattacks. For this reason, startups are developing cybersecurity software specifically to protect industrial control systems of power grids.
Spanish startup Keynetic creates software products for network security and intelligence. Their product flowNAC is a collection of real-time network security and automation tools to manage authorizations, virtual local area network (VLAN)-based segmentation, policies, and more. flowNAC provides this enhanced security through its identity-based access control of users and devices for critical energy assets.
Farm to Flame Energy offers Backup Power Generators for Grids
Electricity is an essential utility for the continuous operation of cities and their services. Failure in electricity transmissions affects transportation services, office buildings, hospitals, and houses. Therefore cities or regions where electric grid infrastructure is prone to damage from natural disasters need power backup systems to maintain electricity transmission. To achieve this, startups are providing backup power generators to increase the resilience of electrical power grids.
Farm to Flame Energy is a US-based startup that develops scalable, end-to-end electricity generation systems. The startup’s proprietary combustion process burns various forms of biowaste without smoke, odor, or emissions. Its 25 kW generators are capable of converting biomass feedstocks into clean energy with a baseload capacity of up to 16 hours and are also resilient to cyberattacks. This allows operators to ensure the continuous operation of their grids in case of infrastructure damage.
Abhartech advances Energy Pilferage Monitoring
In most countries, a significant amount of their yearly energy budget goes toward combating energy theft or pilferage. The most common reason that drives energy theft is the unaffordable cost of energy for those who use stolen power from the grid. In addition, some electricity traders illegally siphon energy from grids by altering power meters to show inaccurate readings. Often, vulnerable or unsuspecting consumers are exploited for power theft, which is why startups are creating devices to monitor energy pilferage.
Indian startup Abhartech provides a range of information technology (IT) products for businesses and energy utilities. Their product EnSmart is an internet of things smart device that enables customers to track energy consumption in real-time without tampering with existing meters. The main feature of the device is to track any unusually high usage, leakage, and pilferage conditions. EnSmart also offers consumption-based analytics that lets users conserve energy and utility operators to reduce losses to theft or pilferage.
GreyCortex provides Critical Infrastructure Cybersecurity
Smart utility grids use supervisory control and data acquisition (SCADA) tools to manage the connected devices across their networks. Therefore, energy SCADA systems are a primary target for malicious hackers. Interruptions or disruptions in power grid operations could potentially affect millions of people who rely on energy from the grid. To prevent this, startups are creating security solutions to protect SCADA systems of critical infrastructure.
GreyCortex is a Czech startup that offers a network detection and response tool to secure information technology, critical infrastructure, and industrial networks. Their product Mendel uses artificial intelligence (AI) and machine learning (ML) to detect threats and vulnerabilities as they occur to stop attacks. Additionally, the software provides full network visibility as well as detects security policy violations, hacker activities, ransomware, and undetected malware. Mendel provides grid owners and operators with both on-premise as well as virtual security monitoring and response services to enhance the protection of critical infrastructure.
Discover more Energy Startups
Energy startups such as the examples highlighted in this report focus on energy grid integration, grid monitoring, and grid transactions. While all of these technologies play a major role in advancing the energy industry, they only represent the tip of the iceberg. To explore more energy technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Energy Innovation Report to save your time and improve strategic decision-making.