technology

Introducing the energy system of the future to Washington DC

Introducing the energy system of the future to Washington DC

Our society has great aspirations for the future. As progress accelerates in every area of our lives, so does the energy system – the very underpinning of our economy – transition as well. However, an energy future shaped by evolving innovation cannot be not be realized while relying on a grid that is fundamentally no longer fit-for-purpose. On March 28 we introduced our vision for the energy system of the future to the American people. Watch our videos of the event here.

If not nuclear then what? Time to reimagine the grid.

If not nuclear then what? Time to reimagine the grid.

Until recently, the UK government’s future energy plans relied heavily on expensive new nuclear power plants to provide baseload capacity as old fossil fuel plants shut down. This was also going to ensure grid stability to support increased intermittent and volatile renewable generation. However, the energy system is fundamentally changing. We don’t need expensive nuclear power to keep the lights on – a more flexible energy system will enable renewables to flourish.

The Future of Energy is Shared Technology Innovation

The Future of Energy is Shared Technology Innovation

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.

Encouraging innovation in regulated utilities: consultation - response from Faraday Grid

Encouraging innovation in regulated utilities: consultation - response from Faraday Grid

The HM Treasury’s and Department for Business, Energy & Industrial Strategy (BEIS) initiated a consultation focusing on innovation in utilities, with the aim to “ensure our system of utilities regulation is fit for the future.” As an innovator of technology that will radically transform the market and with a growing global presence, Faraday Grid is keen to engage in the conversation and submitted a response to BEIS, which can be accessed here.

Response to The Institution of Engineers in Scotland Report

Response to The Institution of Engineers in Scotland Report

The Institution of Engineers in Scotland (IESIS) published a report, Engineering for Energy: A proposal for governance of the energy system.  IESIS claimed that changes to the energy supply, such as an increased amount of renewable energy onto the electrical grid, could result in “cost escalation, increased incidence of power cuts and prolonged reinstatement of supply”.  IESIS also called for the introduction of a “National Energy Authority… to ensure the provision of fit for purpose energy infrastructure.”

In response, Faraday CEO Andrew Scobie says that only radical change of the electrical grid will deliver the low carbon future we all desire, arguing that innovation, not more bureaucracy, will enable sustainable prosperity for all.  

The Energy Trilemma is far from being resolved - Response to Greg Clark

The Energy Trilemma is far from being resolved - Response to Greg Clark

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.

Reinventing the Electricity Grid for Continuing Prosperity and Innovation

Reinventing the Electricity Grid for Continuing Prosperity and Innovation

The European Utility Week, a summit for key players in the energy sphere working towards a fully integrated and interconnected electricity system and market in Europe took place in Vienna this year. Read CEO Andrew’s Scobie’s speech on why the Faraday Grid is the necessary evolution of the energy system.

Nature’s constraints need not limit innovation and growth – Part 2: Paul Romer

Nature’s constraints need not limit innovation and growth – Part 2: Paul Romer

The story of how two economists integrated innovation and climate with long term economic growth and won a Nobel prize, part 2.

Faraday at the LF Energy Summit

Faraday at the LF Energy Summit

As part of the inaugural LF Energy Summit earlier this week, Faraday Grid connected with distinguished open source developers and power systems professionals to discuss the innovation needed to enable the energy transition.

Introducing the world’s first Faraday Grid in London

Introducing the world’s first Faraday Grid in London

The Faraday Grid is thrilled to announce the deployment of its revolutionary technology in London, one of the world’s most sophisticated electricity networks. The agreement will see the world’s first Faraday Grid utilised in a live network from early 2019 in partnership with the UK’s most innovative distribution network operator UK Power Networks, which characterised Faraday’s technology as ‘transformational.’ As the Faraday Grid expands through the rest of the UK and beyond, it promises to unlock new frontiers in innovation and underpin the sustainable welfare of generations to come.

How will California go Carbon Free by 2045?

How will California go Carbon Free by 2045?

In September 2018, Governor Jerry Brown made history by signing the revolutionary Senate Bill 100 (SB 100). The truly ground-breaking requirement is the stipulation for California to be 100 per cent carbon free by 2045. Achieving such an ambitious target will require innovative technological solutions. Read Oliver Forsyth’s writing on what circumstances and factors to consider.

Faraday Grid presentation at NEIS 2018

Faraday Grid presentation at NEIS 2018

Faraday Grid is proud to be an active contributor of groundbreaking research for the energy community. Senior Engineer, Jagadeesh Gunda recently presented some of his original findings at the Conference on Sustainable Energy Supply and Energy Storage Systems – NEIS 2018 in Hamburg.

Energy storage, variable renewables, and the path towards limiting global temperature rise

Energy storage, variable renewables, and the path towards limiting global temperature rise

Variable renewable energy (VRE) is forecast to reach 50% of total generation by 2050. To balance the inherent variability, a surge in storage technology with respect to grid power and quality is expected. The most popular technology, lithium ion battery storage does not come without its constraints. Read Peter Lo’s writing on the trends surrounding storage and variable renewable energy.

Faraday Grid at the Clean Energy Summit

Faraday Grid at the Clean Energy Summit

CEO Andrew Scobie, CMO Jacqui Porch, and Director, Paul Ezekiel travelled to Sydney to represent Faraday Grid and join key players of the energy sphere at the Clean Energy Summit 2018.

New Energy Outlook - A techno-economic review

New Energy Outlook - A techno-economic review

Rapid acceleration of changes in the energy sphere renders preparations for their implicit challenges difficult. Bloomberg’s recently published 2018 New Energy Outlook (NEO) highlights key market drivers and integrates insight from a variety of experts to evaluate how the energy market will evolve in the coming decades.

From a pragmatic perspective, the electricity system will have to technologically adapt to enable these trends without inflating costs or dangerously destabilising the system. Electrical Engineer, Alex Kleidaras reviews some of the claims of NEO, with regards to their implications and requirements for their feasibility.

Faraday engineers at the NEIS 2018 conference

Faraday engineers at the NEIS 2018 conference

A team led by Senior Engineer, Jagadeesh Gunda will represent Faraday Grid at the Conference on Sustainable Energy Supply and Energy Storage Systems – NEIS 2018 in Hamburg this September.

Resolution of Voltage Swells by the Faraday Exchanger

Resolution of Voltage Swells by the Faraday Exchanger

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 [3], 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. 

A journey through the world of technology patents with Faraday’s Founder and CTO Matthew Williams

A journey through the world of technology patents with Faraday’s Founder and CTO Matthew Williams

Faraday’s intellectual property is integral to building the energy platform of the future. The recent publication of some of Faraday’s original patents was a significant milestone that provided additional external validation of the authenticity of the technology.  

To understand the specifics, I asked Matthew Williams, founder and Chief Technology Officer, for an introduction to the process of patent writing, Faraday’s strategic approach, and the unique technology covered by Faraday’s published patents.

Faraday Grid Benefits - a New York State Viewpoint

Faraday Grid Benefits - a New York State Viewpoint

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.

Energy Disruptors Unite 2018: Andrew Scobie presents GRID 2.0 The Electricity Grid - Reset, Re-Balanced…Re-Imagined

Energy Disruptors Unite 2018: Andrew Scobie presents GRID 2.0 The Electricity Grid - Reset, Re-Balanced…Re-Imagined

Electricity systems are failing. Today’s great economic and environmental challenges cannot possibly be resolved with 19th century electricity architecture. People are being asked to constrain their ambitions to meet the limitations of energy systems. Technological advances in energy remain focused on addressing symptoms of failing electricity networks.
Faraday Grid seeks to build systems from first principles rather than precedent. The fundamental objective is the delivery of cheap, clean and reliable electricity.