Jan 2

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 […]

Dec 23

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 […]

Dec 15

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 […]

Jan 9

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 […]

Feb 2

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 […]

Oct 7

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 […]

Aug 11

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 […]