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 startups working on transmission enhancement solutions.
Global Startup Heat Map highlights 5 Top Energy Transmission Enhancement Solutions out of 288
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 288 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 energy 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 283 transmission enhancement solutions, get in touch.
Athena Power manufactures Sensors to Monitor Underground Assets
Energy companies often spend significant time trying to identify issues related to underground power failures. Current methodologies for the same include thumping and sectionalizing the grid. However, these processes require a lot of time, are rudimentary and expensive. Moreover, the procedures reduce long-term reliability. To tackle this problem, startups are developing sensors that continually monitor underground assets to quickly identify any fault so that can be resolved at the earliest opportunity.
US-based startup Athena Power manufactures customizable sensor solutions to continuously monitor underground energy transmission assets, namely electricity cables. The startup’s solution is wireless, self-powered, and uses algorithms to accurately locate issues such as underground faults while providing a continuous stream of real-time data and analytics. Thus, Athena Power’s solution improves power transmission and operational intelligence in general.
iPredict offers a Monitoring Solution featuring AI-Powered Anomaly Detection
Monitoring energy consumption is essential for energy companies as undetected usage outside the normal range results in transmission issues as well as financial losses. The detection of these anomalies, however, prevents major faults and reduces energy losses. Thus, startups are deploying artificial intelligence-powered algorithms enabling effective anomaly detection and predictive analytics.
iPredict is an Indian startup that offers a real-time electricity transmission & distribution monitoring solution with AI-powered anomaly detection capabilities. It collects data from programmable logic controllers (PLCs) or distributed control systems (DCSs), monitors process parameters, identifies outliers or anomalies, voltage drops, and offers peak load management. powered by predictive analytics, it then recommends a suitable course of action. The startup also builds a smart meter solution, iSMOC, that analyzes patterns related to energy consumption, saving, and optimization.
Vicinity provides a Remote Monitoring Service for Energy Companies
For many power facilities, having a full-time engineering and operations team that monitors the infrastructure and its performance 24/7 is an expensive affair. But, at the same time, monitoring is necessary to ensure smooth functioning and uninterrupted energy transmission. Hence, startups are offering cost-effective remote monitoring services which detect probable faults, take immediate action, and provide suggestions for improved performance.
US-based startup Vicinity provides remote monitoring services for energy companies. The startup’s stationary engineers continuously monitor energy infrastructures to identify possible equipment trips and off-normal performance, among others, so that corrective action is taken before an actual trip occurs. The startup makes these adjustments directly from its operation control centers. Its service also includes periodic reviews of key performance indicators (KPIs) with a focus on providing recommendations to improve power transmission and save energy.
Heimdall Power optimizes Transmission through Sensors & Machine Learning
Power outages, voltage spikes, and line faults are common problems in electricity transmission. To solve this issue at a large scale, startups are developing hardware and software solutions that predict such scenarios through technologies like machine learning and enable their avoidance. This makes maintenance much more convenient and effective, thereby enhancing electricity transmission.
Heimdall Power is a Norwegian startup that optimizes energy transmission with its hardware and software solutions. The hardware solution package, Heimdall Neuron, consists of intelligent sensors. They measure power, line inclination, line vibration, snow load, and wire temperature. The cloud-based software solution, Heimdall Brain, uses machine learning to predict line faults before they happen, thus minimizing blackouts. Moreover, Heindall’s solutions increase the capacity of transmission grids by up to 25%.
Sensyn Robotics enables Transmission Tower Inspection
The periodic inspection of transmission towers is important to enable the smooth transmission of electricity. This detects minor deformities and resolves them before they lead to a major fault. However, workers climbing up the towers is a dangerous and time-consuming activity. To tackle this issue, tech startups are developing robotic solutions to inspect the towers more effectively without putting anyone’s life at risk.
Japanese startup Sensyn Robotics provides drones for inspecting transmission towers. A software solution automatically sets up schedules and navigation routes for 3D structures optimized for transmission towers. The solution also offers rust and corrosion detection functions through optimization and deep learning to form output functions based on the energy company’s needs. Additionally, when linked up with AI, the solution automatically detects deformed shapes.
Discover more Energy Startups
Energy startups such as the examples highlighted in this report focus on Demand Side Management, Distributed Energy Resources, Quantum Computing as well as Energy Storage. 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.