RICHMOND, Va., Nov. 03, 2015 (GLOBE NEWSWIRE) — GRID2020, Inc. announced today that is 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, OptaNODETM 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 OptaNODETM 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.
To learn more about GRID20/20, Inc., visit www.grid2020.com
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About GRID20/20, Inc.
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. OptaNODETM 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. (www.grid2020.com)
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