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.
WHITE PAPER ATTACHED
The secure operation of modern electricity networks is becoming an increasingly difficult task as grids continuously employ complex interconnections, intermittent non-dispatchable renewable generation, and nonlinear loads. While these actions aim to improve power system reliability and meet sustainable energy requirements, they significantly reduce the system’s fault tolerance, inertia, and damping levels. The Faraday Exchanger (FE) technology delivers key technical and economic benefits, as demonstrated through results obtained from detailed simulations on numerous electrical networks from various countries.
When rolled out across a wider system of LV networks, the Faraday Grid technology can enable a quantum shift in energy system architecture to a new decentralised, flexible and reliable system.
Three sets of simulations measuring network performance of LV networks using conventional transformers, Online Tap Changers (OLTCs), and Faraday Exchangers were carried out to demonstrate the Faraday Grid’s superior capabilities. Read the white paper describing the simulation results via the link.