KIC InnoEnergy provides support for finalising and commercialising technological innovations that lead to new products and services.
The electricity grid is showing its age. Increased use and volume, intermittent and distributed energy resources, and new market and regulatory structures have created significant challenges in the operation and control of the power system. A variety of technological developments are needed to upgrade the current transmission and distribution system and create a truly smart, stable and responsive electricity grid. KIC InnoEnergy is encouraging innovation that:
- Uses power electronics and smart sensors, analytics, cybersecurity, or other IT to enhance new and existing transmission and distribution assets.
- Enables condition-based, just-in-time maintenance at distribution and transmission level.
- Supports smart transmission technologies such as Flexible AC Transmission System (FACTS) and HVDC networks.
- Improves insulation, contact or magnetic materials to increase grid reliability and efficiency.