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 five hand-picked startups developing energy distribution solutions.
Out of 1 278, the Global Startup Heat Map highlights 5 Top Energy Distribution Solutions
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-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 1 278 exemplary startups & scaleups we analyzed for this research. Further, it highlights five 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 five startups & scaleups in this report. For insights on the other 1 273 energy distribution solutions, get in touch with us.
Aurtra advances Power Distribution Asset Management
Founding Year: 2016
Location: Brisbane, Australia
Funding: USD 2,6 M
Partner with Aurtra for Transformer Condition Monitoring
Aurtra is an Australian startup that provides HealthSense, an online transformer monitoring system. The startup’s solution continuously monitors operating and insulation status to determine the health status of transformers. It uses the Internet of Things (IoT) sensors to collect data related to the moisture level in oil as well as the extent of polarization and vibration. The software solution, Aurtra Insight Dashboard, uses this data to provide actionable insights for transformer load management, maintenance, and emergency load planning. The startup’s system thus extends the life of the assets with improved risk management.
IONATE develops a Smart Hybrid Transformer
Founding Year: 2019
Location: London, UK
Funding: USD 500 000
Innovate with IONATE for Grid-Scale Power Control
UK-based startup IONATE develops a smart hybrid transformer that works at any power level from local power distribution to transmission. The startup’s power-flow control device utilizes magnetics in combination with control electronics. This integrates the reliability and simplicity of a transformer with the dynamics and responsiveness of a power electronics solution. Further, it enables real-time power quality monitoring, independent phase voltage control, phase factor correction, and system inertia maintenance. For smart grids, this reduces capital expenditures, improves grid reliability, and increases network capacity.
Bitlumens facilitates Real-time Power Monitoring
Founding Year: 2017
Location: Zurich, Switzerland
Work with Bitlumens for Energy Planning
Swiss startup Bitlumens offers a solution to connect and monitor power plants and utility systems in real-time. The startup utilizes IoT sensors to collect data that analytics algorithms turn into valuable insights. The solution also uses blockchain to facilitate end-to-end data traceability and digital representation of assets, increasing data transparency. This reduces the cost associated with theft and energy planning while optimizing power plant operations and offering valuable insights into carbon mitigation.
HESStec provides Hybrid Energy Storage Solutions
Founding Year: 2018
Location: Seville, Spain
Funding: USD 3,6 M
Use this solution for Distributed Smart Grids
HESStec is a Spanish startup that enables the integration of energy storage technologies like ultracapacitors, batteries, or flywheels into energy distribution infrastructure. The startup’s patented technology, SHAD, combines various storage solutions optimized for specific customer uses at different levels of the electrical grid. HMV is HESStec’s power electronics solution with a high alternating current (AC) output voltage that directly connects to the grid without a transformer. This reduces capital expenditure and optimizes the performance and lifetime of energy storage devices.
Pearl Street Technologies simplifies Power Grid Planning
Founding Year: 2018
Location: Pittsburgh, US
Funding: USD 1,8 M
Use this solution to tackle Renewables Siting
US-based startup Pearl Street Technologies provides advanced modeling, simulation, and optimization tools for power grid analysis and planning. The startup’s solution, SUGAR, enables base case creation, extreme event analysis, interconnection studies, as well as renewable and storage siting for energy grids. The system quantifies real and reactive power imbalances that occur in production cost modeling approximations. It then dispatches grid resources to achieve a feasible AC case. SUGAR also automates steady-state studies to expedite the interconnection requests for solar, wind, and storage facilities. This improves the reliability, resilience, and sustainability of the grid.
Discover more Energy Startups
Energy startups such as the examples highlighted in this report focus on electric grid management, energy storage solutions, and energy analytics. While all of these technologies play a major role in advancing the energy industry, they only represent the tip of the iceberg. To explore energy technologies in more detail, simply let us look into your areas of interest. For a more general overview, download our free Energy Innovation Report to save your time and improve strategic decision-making.