EGM and Israel Electric Company sign a Strategic Cooperation and Investment Agreement
IEC will invest $1 million in monitoring and analytics of the grid. An agreement for a strategic cooperation and investment was signed between IEC and EGM Ltd. for grid monitoring through sensors.IEC will invest $1 million as part of a $17 million raising round, to unable the development and deployment of EGM’s system to monitor […]
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 […]
Electrical Grid Monitoring™ (EGM™) Announces Successful Completion of the GCxN Project Earning Recognition in the Utility Power Industry
As announced in this Press Release earlier today, EGM has successfully completed the extensive study that included modeling, simulation and benefits analysis after participating in the GCxN (Shell Game Changer Accelerator™ Powered by NREL), program. EGM participated in the first cohort of companies selected for GCxN and was acknowledged as global trailblazer in the utility power […]
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, […]
EGM Participates in NREL’s Camp Cleantech
Between July 30, 2020 and September 24, 2020, EGM’s representative took part in NREL’s Innovation and Entrepreneurship Center (IEC) online camp cleantech. In a series of interactive virtual sessions, participants examine five key sectors that exhibit the potential of applying a low-carbon economy. Those sectors are affordable housing tech; grid of the future, cybersecurity, electrons […]
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 […]
EGM, along with GE and Verizon cooperate with MultiSpeak
EGM is proud of its cooperation with MultiSpeak, and is honored to appear on MultiSpeak’s Homepage next to General Electric and Verizon. Check out: https://www.multispeak.com/