How Nexgrid AI is powering today's energy technologies.
Nexgrid smart meters and smsrt devices collect large amounts of data points every 15 minutes, continuously analyzing them to understand the correlations between data and outcomes using machine learning. Our AI algorithms gather data, detect relevant trends, and assess their impact on outcomes.
Nexgrid AI's capacity to learn from extensive data sets and navigate complex scenarios enhances the efficiency, safety, and adaptability of the grid. Our algorithms are designed to assimilate new rules and construct models capable of addressing issues with extensive and diverse data sets. The efficacy and performance of these algorithms are directly influenced by the availability and quality of data, both during the learning phase and their application.
AI focused areas:
Load forecasting, demand response programs, dynamic pricing strategies, automated outage detection and voltage optimization.
By predicting equipment failures, optimizing energy dispatch, and recommending efficiency measures to consumers. It also enables dynamic pricing, demand response programs, and renewable energy integration, resulting in more efficient and sustainable energy systems.
AI can improve safety in smart grids by enabling predictive maintenance, rapid fault detection, cybersecurity enhancements, real-time monitoring, and efficient emergency response measures.
The business case for deploying a Nexgrid smart grid is undeniable. Often, the combined operational and energy savings alone can generate positive cash flow immediately. Artificial Intelligence and Data Analytics are embedded throughout Nexgrid's smart grid platform, enhancing safety, reducing operational costs, and improving the efficiency of the distribution grid. To witness Nexgrid AI in action, click the button below and sign up for a real-time demo.
