GridON

growth-positive

GridON Ltds Fault Current Limiter (FCL) has been installed and commissioned into service at a UK Power Networks substation. The FCL, developed in partnership with Wilson Transformer Company, suppresses damaging currents in electricity distribution network faults, increasing network capability and reliability. The Energy Technologies Institute funded the £5m development and demonstration project. The FCL enables the cost-effective growth and increased flexibility of electricity networks, allowing for the installation of more low carbon and other electricity generation. It also enables smart distribution networks with increased efficiency, flexibility, reliability, and resilience. The FCL has been fully tested and approved by UK Power Networks and E.ON New Build & Technology. The successful commissioning of the FCL demonstrates the potential for increasing generation and network connectivity while reducing system upgrade costs.

growth-positive

Israeli company GridON has developed a fault current limiter called the Keeper, which is designed to help utility companies prevent power breakdowns caused by power surges. The device blocks current surges and limits the current for as long as necessary to clear the fault, protecting against multiple faults occurring in quick succession. GridON is already negotiating with major utilities companies globally and has received an Innovation Award from General Electric. The Keeper is expected to be a good fit for European countries, where solutions for power breakdowns have been elusive. GridONs strategic partner and investor is Wilson Transformer Company.

growth-positive

GE plans to invest $45 million in twelve digital energy companies through its Ecomagination business competition. The funded startups are involved in grid management, energy efficiency, and smart grid connectivity. In addition to the investments, GE will give out cash grants and spend on scholarships and university programs to support clean tech talent development. The company aims to support the growth of clean tech businesses and promote energy efficiency.