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Details
Deep dive
"The Future of Grid Management Starts Here"
Source: plexigrid.com
Plexigrid develops smart software for managing electricity grids, making them more flexible and efficient. Traditional grids are not built to handle the new demands of renewable energy sources like solar and wind or the growing number of electric vehicles. These new energy sources are less predictable and decentralized, meaning they can generate electricity at various times and places, creating challenges for grid operators.
What Plexigrid Does:
Real-Time Monitoring: Their software continuously monitors the grid, providing real-time data on energy flow and demand. This helps operators see where energy is being overused or underused.
Predictive Planning: The software uses advanced algorithms to predict future grid conditions, allowing operators to plan ahead and avoid problems like overloads or blackouts.
Flexible Energy Management: It helps balance the grid by managing when and where electricity is used, especially during peak times or when renewable energy is abundant.
Why It’s Important:
Improves Grid Efficiency: By optimizing the use of existing infrastructure, Plexigrid reduces the need for costly grid upgrades, saving billions of dollars globally.
Supports Renewable Energy: It helps integrate renewable energy sources into the grid more effectively, which is crucial for transitioning away from fossil fuels.
Reduces Carbon Footprint: Better grid management means less reliance on backup power from non-renewable sources, contributing to overall sustainability goals.
Products & Services
Plexigrid offers three main solutions as part of its grid management platform:
Ari - Grid Monitoring
"See your grid as never before"
Source: plexigrid.com
Ari is a low-voltage monitoring system that provides comprehensive visibility of the distribution grid, including low-voltage areas. It utilizes data from smart meters and sensors to offer real-time insights into grid operations. This system enables utilities to:
Gain full visibility of grid status down to low-voltage end customers
Rapidly identify issues and eliminate blind spots
Monitor grid behaviour in real-time
Tatari - Grid Planning and Analytics
"Make your grid truly smart"
Source: plexigrid.com
Tatari is an advanced grid planning tool that leverages large amounts of data to provide actionable intelligence for grid operators. Key features include:
Creation of a true Grid Digital Twin representing a complete three-phase grid model across voltage levels
Ability to simulate scenarios and forecast grid behaviour
Assessment of consequences from grid congestion interventions within seconds
Detection of outages, reduction of losses, and optimization of network performance
Tia - Flexibility Management
"Unleash the flexibility potential of your grid"
Source: plexigrid.com
Tia focuses on modelling and forecasting Distributed Energy Resources (DERs) connected to the grid. Its primary functions are:
Real-time congestion and power quality management using flexible load and generation
Ensuring efficient integration and balancing of various energy sources and demands
Allowing real-time adjustments to maintain grid stability
Supporting the dynamic nature of modern energy systems
These three solutions work together to provide a comprehensive grid management platform. They enable utilities to make data-driven decisions, improve service reliability, and adapt to evolving energy landscapes by enhancing grid visibility, analytics capabilities, and flexibility management.
Recognition & Awards
EmprendeXXI Award (2022)
Plexigrid won the prestigious EmprendeXXI award in the "Ciudad XXI" category at Spain's 2022 South Summit.
The award recognizes Plexigrid's contributions to sustainability and smart cities.
It was presented on June 10th, 2022, during the South Summit event.
The award includes:
A EUR25,000 cash prize
Access to specialized international support from ESADE university
Expert guidance from Silicon Valley in Munich, Germany
Opportunity to participate in the EmprendeXXI Investors Day
European Innovation Council (EIC) Accelerator Program Funding (2024)
Plexigrid secured 6.5 million Euros in backing from the EIC Accelerator Program.
This is a highly competitive program, with less than 1% of applicants receiving financial support.
The funding includes:
2.5 million Euros as a non-diluting technology development grant
4 million Euros in equity capital from EIC
Participation in Industry Events
Plexigrid has been featured at events like DISTRIBUTECH International's Initiate program and Enlit Europe, showcasing their innovative grid management solutions.
Pricing
Pricing for platforms like Plexigrid often varies based on the scale, specific modules used (like Ari, Tatari, or Tia), and the customization required for different utility needs. Typically, software for grid management is offered on a subscription basis or as a service tailored to the needs of each client, which could involve setup fees, annual licenses, or usage-based pricing.
For exact pricing information, it's best to contact Plexigrid directly through their website or request a demo to discuss tailored solutions and costs.
