Richmond, Virginia – November 3, 2015 – GRID20/20, Inc. announced today that it has been selected as a finalist in this year’s Fierce Innovation Awards: Energy Edition, a utility-reviewed awards program from the publishers of FierceEnergy and Smart Grid News. GRID20/20, Inc. was recognized as a finalist in the category of Distribution Transformer Monitoring.
GRID20/20, Inc. was selected as a finalist for its innovative, industry leading product, OptaNODE® DTM.
Finalists’ applications were reviewed by an exclusive panel of executives from major North American utilities including CenterPoint Energy, Duke Energy, Ameren Corporation, San Diego Gas & Electric, Iberdrola USA, Commonwealth Edison, and PECO. Full profiles of the judges can be found at https://www.fierceinnovationawards.com/energy/2015#our_judges.
All applications were evaluated based on the following criteria: technology innovation, financial impact, market validation, compatibility with existing networks, end-user customer experience, and overall level of innovation.
Alan Snook, President of GRID20/20 commented, “The entire team at GRID20/20 is honored to be selected as a finalist by an esteemed panel of independent industry experts, and electric utility leaders. As our solution continues to gain exposure, it is evident that GRID20/20 is emerging as a vital contributor to the ongoing need for smart grid realization around the world.”
GRID20/20 provides its OptaNODE® DTM intra-grid sensor suite for single and poly phase distribution transformers, serving both pole and pad mount applications. While capturing vital transformer information that metering providers cannot reach, GRID20/20’s overarching value is its ability to provide timely, accurate information from within the heart of the distribution grid. GRID20/20 leverages the strategic location value of transformers thus giving utility operators exceptional insight into the continuously fluctuating operating conditions within the dynamic, volatile, and vulnerable distribution grid space.
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GRID20/20 is a privately-held company focusing exclusively on providing the industry’s Best-In-Class, easiest and fastest to install turnkey intra-grid sensor solution (i.e. OptaNODE® DTM). By leveraging the strategic value of distribution transformers, GRID20/20 has evolved into a globally relevant, ‘plug and play’ capable smart grid solution provider. Value propositions including Distributed Generation monitoring/planning enhancement, Power Theft identification, Asset Supervision/Preventive Maintenance, Accelerated Outage Notification/Restoration, Conservation Voltage Reduction enhancement, GIS mapping refinement, and EV Charging Station impact monitoring are among the growing list. For instances where AMI exists, GRID20/20 adds timely, ongoing, otherwise undetectable data value to further enhance the operator’s smart grid efforts. In Non-AMI utilities, GRID20/20 serves as a Grid-Edge solution, thereby providing exceptional grid monitoring insight, and control capabilities. GRID20/20 is an Ontario Ministry of Energy Smart Grid Fund grant recipient, and a 2015 Smart Grid Product of the Year award recipient.