• National Grid Electricity Transmission Showcases Benefits of Topology Optimization

    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 contact@newgridinc.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 contact@newgridinc.com.
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.