Zeist - The Netherlands, October 14, 2020. During the Free Electrons 2020 startup program utility EDP from Portugal ran a Non-Intrusive Load Monitoring pilot with NET2GRID. EDP performed an elaborate international supplier selection process for AMR NILM services. EDP selected, among other solutions, NET2GRID technology, to provide - in the future - AMI NILM service to residential customers in Portugal. NET2GRID showed the most accurate and comprehensive disaggregation results of energy consumption on household activity level using standard 15-minute smart meter AMR data samples. By selecting the NET2GRID solution, energy consumption data from end users will be analysed by NET2GRID and the result will be a consumption breakdown on activity level.
Within the Free Electrons 2020 program normally only pilots are being executed between startups and utility companies, however NET2GRID was able to deliver the capability to move from pilot to future deployment with EDP. From the start of the program the close collaboration and coaching from EDP Innovation and other members of the Free Electrons program helped us deliver this fantastic result together as a team.
About EDP
We are a multinational, vertically integrated utility company. Throughout our 40 years of history, we have been building a relevant presence in the world energy scene, being present in 19 countries, in 4 continents.
With more than 11.700 employees, we are present throughout the electricity value chain and in the gas commercialization activity. We are the fourth largest wind energy production company in the world and almost 66% of our energy is produced from renewable resources. We provide electricity and gas to more than 11 million customers.
Our Group has joined Euronext Lisbon in 1997 and EDP Brasil and EDP Renewables are also listed companies. Sustainability is part of our DNA and we are a member of Dow Jones Sustainability Index.
About NET2GRID
NET2GRID is one of the leading companies worldwide of real time NILM (non-intrusive load monitoring) services via their Ynni energy insights and utility self-service platform. NET2GRID’s Ynni platform is reducing your cost to serve while increasing customer engagement. Greater energy consumption insights and deeper, more trusting customer relationships translate into upsell activity and reduced churn. It is our solution to engage your customer. The company was founded in 2011 and holds office in The Netherlands and Greece.
Media Contact:
NET2GRID BV
Berend Olde Rikkert
press@net2grid.com
Tel: +31 30 304 00 86