Global Infrastructure SherpaTechGiant to Supply AI for Smart Grid Optimization to National Grid
National Grid will utilize TechGiant's AI platform to optimize grid operations, improve reliability, and integrate renewable energy sources more efficiently. The partnership aims to enhance grid resilience and reduce energy costs for consumers.
Source Intelligence
Since its founding in 2018, National Grid Partners has invested more than $150 million in 18 AI startups focusing on energy innovations, amounting to 37% of its portfolio. Quote: Since its founding in 2018, National Grid Partners has invested more than $150 million in 18 AI startups focusing on energy innovations, amounting to 37% of its portfolio.
"National Grid Partners commits $100 million to invest in AI startups advancing the future of energy"
"National Grid Partners is also announcing its latest investment in Amperon , a leading provider of AI-powered energy forecasting and analytics solutions."
"Power systems like National Grid’s are seeing unprecedented challenges, with soaring demand driven by datacenters and the electrification of heat and transport, as well as requirements for a more flexible grid with the rise of renewables and EVs"