Details

Last Funding Type

Grant

Last Funding Money Raised

$225K

Industries

Power Grid,Software

Number Of Employee

1 - 10

Operating Status

Active

NewGrid is a software firm in the utilities industry, focused on the development and commercialization of topology optimization technologies. NewGrid’s software supports power operations and operations planning decision making including outage scheduling and coordination, seasonal contingency planning, remedial action plan and operating guide (Op. Guide) development, and congestion management. Our team is made of engineers, researchers, software developers and economists with years of experience in power systems and markets analysis and design. NewGrid’s founders are thought-leaders in the applications of topology optimization technology to power system operations. With DOE ARPA-E support, they led the first team to ever produce security-constrained topology re-configurations on large-scale RTO systems automatically, with short calculation times acceptable to system operators.