London’s Reactive Technologies secures €19 million EIB financing to strengthen Europe’s power grids

What happened

The company states that its platform, GridVerix, provides real-time measurements […] The post London’s Reactive Technologies secures €19 million EIB financing to strengthen Europe’s power grids appeared first on EU-Startups . The company states that its platform, GridVerix, provides real-time measurements of key grid stability indicators, including inertia, the stored kinetic energy in generators that helps the system withstand sudden disturbances.

The other indicators include the strength and stability of voltage across different parts of the grid. Heikki Huomo and Borrett, Reactive Technologies is a Grid-Enhancing Technologies (GETs) company addressing the challenges of energy transition, electrification and accelerating load growth. It can also help reduce renewable energy curtailment, which is the deliberate reduction of electricity generation, and the associated costs for consumers.

Key facts

• The company states that its platform, GridVerix, — provides: real-time measurements […] The post London’s Reactive Technologies secures €19 million EIB financing to strengthen Europe’s power grids appeared first on EU-Startups
• The company states that its platform, GridVerix, — provides: real-time measurements of key grid stability indicators, including inertia, the stored kinetic energy in generators that helps the system withstand sudden disturbances