Artificial intelligence
fromITPro
4 months agoNational Grid investment wing backs AI startups to boost energy efficiency
National Grid Partners plans to invest $100 million in AI startups to enhance grid efficiency and resilience.
"National Grid estimates that all its customers in the five boroughs and on Long Island will see a 3.5% bill increase to help pay for the $1 billion Northeast Supply Enhancement project, which includes an underwater pipeline running along the south and east shores of Staten Island."
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"By aggregating many smaller storage systems into one virtual asset, we make flexible capacity available exactly when and where it's needed - delivering higher reliability than a single large-scale physical battery and none of the overhead. Our flexibility platform can do this at scale, across asset types and geographies."