Battelle and Gridquant collaborate to help enhance reliability of the electric grid
March 1, 2012 – Battelle has signed an exclusive licensing and collaboration agreement with Gridquant in hopes of bringing “breakthrough modeling and analysis technologies to the electricity transmission market”, they say.
Gridquant‘s patented Holomorphic Embedding Load-Flow Method (HELM) algorithms are at the core of these new technologies. “They are unlike existing approaches that require some prior knowledge of the condition of the grid in order to ascertain load flow and state estimation, yielding uncertain and unreliable results,” said Gridquant.
Ram Sastry, a director in Battelle‘s Grid Systems Group, said maintaining the grid is like navigating a ship-until today, grid managers were using a sextant and the stars to make decisions, but with HELM, they’ll have a GPS.
“We are eager to bring this transformational technology to the grid marketplace,” said Marty Toomajian, president of Battelle’s Energy, Environment, and Material Sciences Global Business. “By giving grid operators a new tool, Gridquant’s technologies have the potential to reshape grid operations.”
Ross Harding, president and CEO of Gridquant, continued, “Battelle is a unique organization and a powerful partner. Its focus on technically correct solutions and science based culture is a perfect complement to our core skills.”