It will expand customers of grid operators in the US market.
Global energy demand is declining, the economy is staggering, and oil prices are plummeting. The situation in the energy field seems to be severe. At this time, it is extremely important to ensure that users of the power grid operate normally. .
Amperon was established in New York, USA in September 2017. In mid-April of this year, Amperon completed a new round of financing of 2 million US dollars. This round of investment was led by Blackhorn Ventures, Garuda Ventures, Intelis Capital, Powerhouse Ventures, SK Ventures, and V1.VC and five other institutions.
Previously, Amperon raised $ 860,000 for the first time in 2018, led by Lattice Ventures and three other investors.
Amperon mainly uses smart meter data and AI machine learning to build real-time smart grids and prediction models for public utilities, energy retailers, grid operators, and institutional transactions Those who provide data analysis and prediction tools.
At this stage, the business is mainly distributed in four places, including two large regional power grids in Australia, the Texas Power Transmission Grid, and the Central Atlanta Grid managed by PJM. It is reported that the company’s new funds will be used to expand new grid operator customers in the United States.
Intelligent response to unexpected shocks
The financing started before the new Pneumococcal virus pandemic. According to the company ’s co-founder Abe Stanway, Amperon ’s services are essential in the current situation in the United States. Customers need to understand not only short-term and long-term use Electricity, when encountering similar unexpected shocks and black swan events, it is more necessary to understand how the grid will react through AI, and Amperon’s service will be more valuable.
Emily Kirsch, founder of the energy venture capital firm Powerhouse, said that after iterating through demand, AThe mperon prediction function can calculate grid fluctuations that have never occurred, such as global epidemics and extremely complex grid conditions brought about by meteorological disasters.
Accurate calculation of electricity demand, cost saving, effective management of grid fluctuations caused by new energy < / h3>
Amperon ’s technology can not only respond to crises and unexpected moments for public utility management agencies and grid operators, but also save daily operating expenses. Generally, when the power grid is planned for a long time, it is estimated that the electricity consumption will exceed 1% of the demand every year, and billions of dollars will be wasted at the power generation end. After reasonable calculation planning by Amperon, the cost of power generation can be reduced. On the other hand, it means lower electricity prices.
Another problem that the company can solve is to help power supply companies deal with increasingly complex grid management. Renewable energy is included in some power grids, but this also increases the volatility of the power grid, so public utilities and operators need to more effectively manage and predict the point network.
The financing started before the new Pneumococcal virus pandemic. According to the company ’s co-founder Abe Stanway, Amperon ’s services are essential in the current situation in the United States. Customers need to understand not only short-term and long-term use Electricity, when encountering similar unexpected shocks and black swan events, it is more necessary to understand how the grid will react through AI, and Amperon’s service will be more valuable.
Emily Kirsch, founder of the energy venture capital firm Powerhouse, said that after iterating through demand, AThe mperon prediction function can calculate grid fluctuations that have never occurred, such as global epidemics and extremely complex grid conditions brought about by meteorological disasters.