Failure Prediction
The electricity market is rapidly changing. Consumers are becoming producers; centralized markets are shifting towards distributed energy resources; renewable energies take on more of the load; underground grids and an almost absolute reliance by the end users – those are just a few examples. An important effect which derives from all of that is that […]
Successful $17.5M Raising Round Completed
Last week, on October 4th, 2021, EGM successfully completed a USD 17.5 Million fund raising round. The round was led by Energy Growth Momentum (https://egmomentum.com/), a UK based investment firm, with vast experience in equity investments, specializing in the energy sector, and in particular in companies with proven commercialized technologies aimed at increasing the productivity […]
Monitoring the Grid Underground
The electricity market is rapidly changing. To name just a few, emerging trends include the shift towards distributed energy resources, greater reliance on renewable energy resources and a growing interest in exploring the avenues to relocate distribution and transmission lines underground. Moving power lines underground has already taken place in several countries worldwide. Leading countries […]
From Reliability to Resilience: Rising Severe Weather from Climate Change Threatens Grid Operations
It is a common understanding among utilities and grid operators that one of the most significant challenges they face is extreme weather events. Predictions for the coming decade talk about increase in the number as well as the volume of extreme weather events such as rise in temperatures, less water availability, rise in sea level, […]
Big Data Analytics via EGM Meta-Alert system
As the world’s leading utilities are moving towards reliance on smart grid, those utilities now face a new challenge of dealing with tremendous amounts of data generated by that smart grid. Those challenges come into play mainly in terms of data storage, data processing, data analysis, and data security. This is where big data analytics […]
Employing EGM’s Meta-AlertTM System for Condition Based Monitoring
One of the common notions in today’s electric market is that in order to make the most of the grid, a utility needs to implement condition based monitoring. The logic behind condition based monitoring is that the maintenance should be adjusted to the actual status of the grid, rather than to a fixed set of […]
Digital Grid with EGM
The world is undergoing dramatic changes in almost every aspect of human life. New and advanced technologies emerge in every field, from medicine to home appliances. All these changes rely on a fundamental assumption that is absolutely necessary for their occurrence – constant and reliable supply of electricity. The grid, which is the network that […]
Use of Blockchain in the Electricity Market
As opposed to the traditional energy market, where there was one central power utility and energy users bought only from it, an energy market based on smart grid is decentralized, and users have various options from which to purchase their energy. EGM’s Meta-AlertTM System enables this and much more. This shift has opened new opportunities […]
The Importance of Exhaustive Grid Monitoring for Distributed Energy Resources Management
What is DERM and What are its Goals EGM is one of only four companies worldwide that has been selected to participate in the Shell GameChangerTM Accelerator Powered by NREL (GCxN). Under this auspice EGM collaborates with NREL to evaluate the essentiality of EGM’s Smart Monitoring and Insight Generation System (Smart M&IG System) for Distributed […]
Micro-Grids: Less Dependency, Higher Resiliency
In the previous post we described the growing phenomenon of extreme weather events, how they are becoming more frequent and more extreme, creating new and greater challenges for utilities companies. One of the ways to cope with extreme weather events, as we explained in depth last time, is to strengthen the grid. Another way is […]