grid innovation

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.

Blockchain and energy – a solution looking for a problem to solve?

Blockchain and energy – a solution looking for a problem to solve?

Blockchain has been a buzzword in many industries over the last couple of years, including the energy sector. However, despite best intentions, blockchain for energy continues to struggle to get beyond the hype and provide any real benefit. Instead, it adds complexity to the electricity system rather than solving the critical systemic challenge to provide people with clean, reliable and low cost power – the energy ‘trilemma’. Ready Founder & Chief Technology Officer Matthew Williams’s article that originally appeared on Current+.

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.

Prosperity, Academia, and the Faraday Grid Prize for Research for Industry

Prosperity, Academia, and the Faraday Grid Prize for Research for Industry

Last week, Founder and Chief Technology Officer Matthew Williams travelled to the University of Manchester to award the first ever Faraday Grid Prize for Research for Industry. This prize recognises rigorous academic research with strong industrial applicability. It is also a great example of Faraday’s drive to enable collaboration among the academic and private sector thereby catalysing societal progress. Read Matthew’s article below to find out why he believes collaboration is a key pillar for building future prosperity.

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.

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 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.

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.