Founder and CTO Matthew Williams will represent both Faraday Grid and LF Energy at DistribuTECH in New Orleans this year, where he will deliver a talk on why he believes an open source system is a necessary foundation for a prosperous energy future. Read this article in which Matthew explains how open source will fuel innovation in energy and find time and date for his presentation below.
In this response to Greg Clark MP, Founder & Chief Technology Officer Matthew Williams and Chief Economist & Head of Government Affairs Richard Dowling together challenge the idea that the Energy Trilemma is “over” and examine how greater amounts of renewables will affect energy security and energy equity, should there be no change to the current grid.
The increasing focus on renewable energy sources and low carbon technologies is triggering a substantial shift in the automotive industry. Supported by government policies and public interest, the number of electric vehicles are swiftly increasing, exceeding predictions year to year. Is the electricity system ready to cater for such a vast new demand?
Voltage swells can disrupt the operation of various equipment, ranging from consumer electronic devices and sensitive medical apparatus to a production/process-line of a manufacturing plant, leading to millions of dollars of industrial revenue loss. Current mitigating technologies are limited to specific power quality problems, and their wide adoption would be economically unsustainable. Faraday Grid Limited (Faraday) has developed an entirely new technology , the Faraday Exchanger – a single device, which comprehensively resolves most power quality problems and fits seamlessly into the existing infrastructure. To demonstrate the voltage swell-resolution capability of the Faraday Exchanger compared to a transformer, the Faraday team conducted laboratory experiments. For a thorough review and analysis, read this white paper.
The New York State electricity grid’s challenges – similarly to other grids worldwide - derive from the fact that the current network architecture restraints the system’s ability to accommodate shifting electricity uses and generation types.
Reactive problem solving is not sufficient to sustainably provide the system flexibility such rapid changes require. It is a resilient systemic solution that is required to relieve the system from its pressures and provide an opportunity for further innovation.
Faraday Grid Ltd. (Faraday) has developed a completely new technology that provides a systemic, cost-effective solution. Read Jagadeesh Guda’s white paper that documents the techno-economic implications of the Faraday Grid technology in specific to the New York state electricity grid.
The Power Network Demonstration Centre (PNDC), a smart grid demonstration and testing facility, carried out an independent third-party validation of the Faraday Exchanger. The tests carried out by PNDC reconfirmed that the Faraday Exchanger does offer the intended functionalities (voltage regulation, power-factor correction and power-quality control) that are beyond what can be provided by one single technology to utilities and end-users of electricity. This means that wide adoption of the FG technology will result in improved power quality and reliability, increased equipment lifetime, and reduced-capital investment in mitigation technologies. Employing the key findings from PNDC validation report, this whitepaper by Jagadeesh Gunda summarises the capabilities of the Faraday Grid technology.
Faraday Grid is ramping up its U.S. activities this week as we present at the tenth annual Advanced Energy Conference (AEC) taking place in New York City in addition to meeting potential future partners. Our presence is part of a Scottish Development International ‘Mission and Learning Journey’ delegation that seeks to bring high-value, innovative solutions to companies and organisations in the U.S. market. Richard Dowling, Chief Economist and Head of Government Affairs outlines the benefits the Faraday Grid can bring to New York and the world.
CEO, Andrew Scobie joined industry leaders at the Energy Storage and Connected Systems 2018 conference to present at a panel discussion focusing on the systemic evolution of grid operation and its relation to new technologies. The presentation analysed the current energy challenge, mitigating technologies, and the Faraday Grid's solution.
A modern grid supplying modern electricity demands should be able to provide environmentally friendly energy securely and at an affordable price at once. There are a number of technology pathways being suggested to modernise the electricity grid, and adapt it to the new reality of distributed variable renewable generation. This article gives an overview of these technologies.
All actors in the electricity industry are responsible for security of supply. That is to say electricity provision to the end-users, within agreed levels of continuity and quality. For years, each part of the energy supply chain - from resource extraction to generation, transmission, distribution, markets, and increasingly end use - has relied on using digital systems. The digital connectivity of electricity grids and digital trading platforms for electricity are experiencing considerable innovation. This text considers grid resilience and risks to energy and cyber security in our society.