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ENERGY & UTILITIES | Energy Efficiency
utilidata.com

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Stage

Unattributed | Alive

Total Raised

$24.75M

Last Raised

$3.57M | 2 yrs ago

About Utilidata

Utilidata is a technology innovator that is modernizing the distribution grid by leveraging advanced digital signal processing techniques to extract better information from voltage data and enable real-time solutions for intelligent voltage control while providing a steady stream of insightful grid asset data to operators. The company's AdaptiVolt Volt/VAR Optimization (VVO) Solution for utilities and large energy users has redefined voltage control by feeding more intelligent data into its patented elastic decision making process. As a result, AdaptiVolt delivers 25-50% greater voltage reduction than its competitors, is proven to decrease tap change equipment operations by 30% over traditional model-based approaches and is the only real-time solution that can mitigate against the intermittent effects of distributed generation. The solution optimizes energy efficiency and creates reliable energy savings before a kilowatt ever reaches a home or business.

Utilidata Headquarter Location

245 Chapman Street Suite 200

Providence, Rhode Island, 02905,

United States

401-383-5800

Latest Utilidata News

New Utilidata smart grid chip to speed distributed energy resources

Jan 12, 2022

New Utilidata smart grid chip to speed distributed energy resources By UTILIDATA INC. creates meter-based software that leverages real-time data from smart meters to find anomalies that could indicate system failures. The Providence company has collaborated in developing a smart grid chip for smart meters that will integrate distributed energy resources, such as solar. PROVIDENCE – Utilidata Inc., which develops software for the energy industry, announced it has created a smart grid chip in collaboration with Nvidia Corp. Embedded in smart meters, the chip is designed to “enhance grid resiliency, integrate distributed energy resources – including solar, storage and electric vehicles – and accelerate the transition to a decarbonized grid,” according to Utilidata. The U.S. Department of Energy’s National Renewable Energy Laboratory will be among the first to test the smart grid chip, Utilidata said, to scale and commercialize its real-time optimal power flow technology, which allows for the seamless, efficient integration of an increasing number of distributed energy resources. “To date, the scalability and commercial potential of technologies like RT-OPF have been limited by single-use hardware solutions,” said Santosh Veda, group manager for grid automation and controls at the National Renewable Energy Laboratory. “By developing a smart grid chip that can be embedded in one of the most ubiquitous utility assets – the smart meter – this approach will potentially enable wider adoption and commercialization of the technology and redefine the role of edge computing for DER integration and resiliency. Enhanced situational awareness and visibility from this approach will greatly benefit both the end customers and the utility.” - Advertisement - This kind of technology will become increasingly crucial as more distributed energy resources come online, Utilidata officials said. More-complex systems are needed to support real-time, autonomous grid operations. Susan Shalhoub is a PBN contributing writer. Want to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber. TAGS

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Research containing Utilidata

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Utilidata in 2 CB Insights research briefs, most recently on Oct 27, 2021.

Expert Collections containing Utilidata

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Utilidata is included in 3 Expert Collections, including Smart Cities.

S

Smart Cities

1,810 items

G

Grid and Utility

297 items

This collection includes companies that are working on software and hardware to improve grids, utilizing new pricing models, and developing microgrids.

E

Energy Management Software

561 items

Companies creating software to help manage, optimize, and automate energy management and optimization.

Utilidata Patents

Utilidata has filed 27 patents.

The 3 most popular patent topics include:

  • Electrical engineering
  • Photovoltaics
  • Electric power conversion
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/30/2019

8/24/2021

Photovoltaics, Electrical engineering, Electric power conversion, Electric power distribution, Applications of photovoltaics

Grant

Application Date

7/30/2019

Grant Date

8/24/2021

Title

Related Topics

Photovoltaics, Electrical engineering, Electric power conversion, Electric power distribution, Applications of photovoltaics

Status

Grant

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