Tech News Summary:
- AES Corporation and LineVision Inc. are collaborating to evaluate how Grid Enhancing Technologies (GET) can increase transmission capacity on the existing electrical grid to meet net-zero emissions targets by 2050 in the US.
- The joint project will use Dynamic Line Ratings (DLR) to collect data and assess how LineVision’s technology can optimally integrate renewable energy sources into the grid while improving safety and minimizing congestion costs.
- Utilities need to double their transmission build by 2050 to meet net-zero emissions targets, and increasing transmission capacity on existing assets through innovative technologies like DLR can accelerate the decarbonization of the electricity grid.
AES and LineVision have joined forces to revolutionize grid enhancing technologies. The collaboration will bring together AES’s extensive experience in clean energy technology and LineVision’s cutting-edge solutions for grid optimization.
This partnership aims to enhance the reliability, efficiency, and resilience of electric power transmission and distribution systems. Both companies are committed to leveraging advanced technologies to bring tangible benefits to power network operators, regulators, and users.
The combined expertise of AES and LineVision will help to overcome some of the most pressing challenges facing power grids today, including aging infrastructure, inadequate capacity, and inefficient operations. This collaboration will accelerate the deployment of innovative solutions, such as digital sensors, data analytics, and machine learning algorithms, to optimize grid performance.
Commenting on the partnership, AES President and CEO, Andrés Gluski, said: “We’re excited to work with LineVision to help transform the power industry. This partnership will enable us to leverage our strengths in innovative clean energy solutions with LineVision’s advanced technologies to create new, more efficient and resilient power systems that meet the evolving needs of our customers.”
Meanwhile, LineVision CEO, Hudson Gilmer, added: “Working with AES, we can accelerate the development and deployment of our technology across a wider range of markets. We’re excited for the opportunity to provide our industry-leading solutions, including our non-contact power line monitoring solution, to AES customers worldwide.”
Through this partnership, AES and LineVision are well-positioned to play a leading role in the ongoing transformation of the global power industry. Their joint efforts will contribute to building a more sustainable, reliable, and affordable energy future for all.