July 31, 2017 - Today, National Grid Electricity Transmission Ltd. released the 2016/2017 Network Innovation Allowance Annual Summary report, which showcases the benefits of transmission topology optimization. National Grid, the Great Britain System Operator, found the overall capacity for power flows on major constraints on their network could be increased by up to 12.3 percent through the use of topology optimization. The corresponding annual constraint cost savings in the Great Britain network are estimated to be £14-40 million.For more details, please see the NewGrid News page, or contact us at email@example.com.
January 4, 2017 - NewGrid, Inc. announced today that it has been awarded a National Science Foundation (NSF) Small Business Innovation Research (SBIR) grant for $225,000 to conduct research and development (R&D) work on agile power system model reduction for topology optimization software. The project will enable topology optimization software to run on full-detail, operations-grade power systems models. The economic benefits of topology optimization represent up to a 50% reduction in the cost of grid congestion, which translates to $1-4 billion/year production cost savings in the US.For more details, please see the NSF SBIR website, or contact us at firstname.lastname@example.org.