NextGrid Alliance Surpasses 150 Member Utilities to Speed the Future of Energy
Global utilities serving 1.3 billion combined customers will convene in
"To support the rapid rise of AI data centers, electric vehicles and other new technologies customers need the grid of the future–today," said
NGA member utilities reach more than 1.3 billion customers across more than 5 million square miles of service area. The NGA holds regular member forums, working groups, and technology showcases where utilities and startups dig into some of the toughest challenges and most promising solutions in the industry.
"It's a real balancing act for utilities as customers want more power, more connections, more resilience, but also want to keep costs as low as possible," said Timothy Jarratt, group executive of market development and strategy at Ausgrid, one of the largest electricity distributors in
The NGA also hosts an annual summit where hundreds of utility and startup leaders share insights in person; the 2025 edition will be held in
"We see the NGA as instrumental in connecting innovative companies to utilities that are proactively seeking to reimagine their grids," said
Southern California Edison is collaborating with another National Grid-backed startup, Exodigo, to explore ways to accelerate transmission routing and reduce complexity in substation capital risk. Exodigo uses advanced sensor data and proprietary artificial intelligence to map underground infrastructure, offering a method for gaining faster, safer and more accurate insights into subsurface conditions at project sites.
"We are on the same journey of transforming how we plan, design and operate the grid," said Shinjini Menon, SVP of System Planning & Engineering, Southern California Edison. "Learning about the different technologies and innovation models through the NGA has been fantastic."
Added Exodigo CEO
The NGA is convened by National Grid Partners, the venture and innovation arm of global utility National Grid. Since its founding in 2018, National Grid Partners has invested more than
About the NextGrid Alliance
The NextGrid Alliance unites leading energy providers to help utilities to solve today's most pressing challenges and create the grid of the future. By sharing best practices and connecting top utility executives with innovative startups, the NGA helps the utility industry reduce costs for customers, optimize efficiency, and scale energy production to meet the needs of today's most innovative markets. Learn more at ngalliance.energy.
About National Grid Partners
National Grid Partners is the venture investment and innovation arm of National Grid plc., one of the world's largest investor-owned energy utilities. By providing corporate venture capital, business development counsel and direct integration with National Grid's innovation teams, National Grid Partners is reducing costs, boosting capacity and accelerating innovation at scale. Headquartered in
View original content to download multimedia:https://www.prnewswire.com/news-releases/nextgrid-alliance-surpasses-150-member-utilities-to-speed-the-future-of-energy-302576137.html
SOURCE National Grid Partners
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- CANIDAE AND WALKER HAYES UNLEASH A HEARTFELT NEW ANTHEM FOR NATIONAL DOG DAY
- PETER PIPER PIZZA UNVEILS $1 MILLION INVESTMENT IN NEW GAMES, LIMITED-TIME BITES FOR THE ULTIMATE FAMILY NIGHT OUT
- Cofiroute successfully issued a 6.4-year €500 million bond
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share