Smart Wires | Top 20 Utilities Technology Solution Company - 2016
Smart Wires: Creating a Dynamic Grid
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CIOREVIEW >> Utilities >> Smart Wires

Smart Wires has been recognized by CIOReview Magazine as the recipient of “Top 20 Utilities Technology Solution Companies - 2016,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Jim Davis, CEO.

Smart Wires
Creating a Dynamic Grid

Smart Wires

Jim Davis, CEO
The changing face of power generation and load has unsettled several aspects of the utilities industry. Grid operators face new challenges that affect the ability to maintain reliability, forecast future generation and predict load. To deal with these challenges, transmission infrastructure must become more flexible. Traditional planning tools in the transmission toolkit are not well-suited to an emerging world characterized by increasing unpredictability. Furthermore, regulators are calling for a greater role of renewable resources in the overall generation of power which puts additional pressure onto grid operators. Utilities are thus looking for solutions that offer the agility and speed to address transmission constraints. This need has sparked innovation in the form of Smart Wires, a robust grid optimization solutions company that is helping grid operators to deliver a dynamic grid that is clean, reliable, affordable and safe.

Smart Wires’ approach towards reliable electricity services revolves around using its PowerLine Guardian® technology to optimize the power flow across the grid. The technology can increase or decrease the impedance of a transmission line, effectively functioning as a valve for electricity that controls the flow of power through the line. By increasing impedance, grid operators can reduce the load on the overloaded line. If a line is underutilized, impedance can be decreased thus pulling more power onto the line. The result is operators achieve real time, dynamic control of each power line and improved utilization of the existing transmission infrastructure.

“The innovative use of distributed power flow control is an important element for making the transmission grid more dynamic and resilient,” says Tony Earley, Chairman, CEO, and President of PG&E Corporation, which is conducting a pilot project with Smart Wires. “We are constantly seeking technologies that will lower energy costs for our customers, and welcome the opportunity to put a potential solution to the test.”

Operators facing network upgrade challenges have alternatives besides reconductoring and voltage upgrades by integrating Smart Wires’ modular, flexible technology that can be redeployed in various positions in the grid.

Smart Wires looks beyond just adding additional capabilities to transmission lines, it is about building intelligent assets and transforming the way utilities plan their grids


They can also avoid building new transmission lines that take several years to complete and are often met with opposition. When a large western utility had reduced power generation from its hydroelectric stations due to less rain, it was bracing the increasing load. The company required new lines and if the drought were to end, the new lines would be of little use. “Smart Wires helped this utility to vary the impedance of the affected lines which mitigated the overloads associated with reverse power flows,” says Jim Davis, CEO, Smart Wires.

The company is currently focused on commercializing its new technology, Power Router™. Like the PowerLine Guardian, the Power Router is designed for modular deployment and shares the benefits of this approach to infrastructure investments. But with its ability to synthesize a highly tunable capacitance or inductance, the Power Router can address an even greater set of network challenges and offers electric utilities another degree of freedom.

With 21 years of experience in the industry spent on driving energy efficiency, power system reliability, and renewable power projects, Davis brings immense knowledge and the ability to build inventive technology solutions. These solutions are crafted to deliver reliability, cost efficiency, and situational awareness in the transmission network. So operators can reduce the need for integrating more renewable energy.

“Smart Wires looks beyond just adding additional capabilities to transmission lines, it is about building intelligent assets and transforming the way utilities plan their grids,” notes Davis.

Smart Wires

News

Smart Wires announces new project to strengthen supply of electricity in Central America

Wednesday, September 06, 2023

DURHAM, N.C.: Smart Wires has announced a new project that uses modular power flow control technology—SmartValve™—to resolve grid congestion and strengthen security of supply in an area of Central America. The project will start delivering benefits to the system operator, consumers, businesses, and electricity market participants in 2024.

Increasing demand for clean, reliable, affordable electricity is putting pressure on the existing grid in many countries in Central America. This challenge is further heightened as the region moves to decrease dependency on fossil fuels by developing renewable energy projects in new locations, to replace the generation provided by existing power plants. This results in huge shifts in power flow patterns across the grid, creating bottlenecks which can limit the flow of electricity even when spare capacity exists.

In one case, overloads on several transmission circuits were projected to limit power flows nationally and across the interconnected power grids of the six countries in Central America (SIEPAC). Multiple network reinforcement options were considered but ultimately modular power flow control technology—SmartValve—was selected as the optimal solution as it can quickly and cost-effectively resolve overloads to unlock capacity on the existing grid and strengthen security of supply.

“We are delighted to announce this exciting new project in Central America which will enable greater power flows across the region,” said Jessica Joyce, Smart Wires Chief Commercial Officer. “It builds on the strong global momentum of utilities using modular power flow control to get the most out of their transmission systems and ultimately transform their grids.”

SmartValve paves the way forward for series–connected FACTS (Flexible Alternating Current Transmission Systems) by providing a modular, digital, and future-proofed technology. It is already used by system operators across the world—including Australia, Europe, the U.S. and Colombia—but this project marks the first series-connected FACTS deployment in Central America.

Smart Wires delivers second project with ISA TRANSELCA

Thursday, September 26, 2024

Smart Wires has announced the delivery of a second large scale project with ISA TRANSELCA in the Atlántico region of Colombia. This latest deployment installs Smart Wires’ advanced power flow control (APFC) solution – SmartValveTM – across five 220 kV circuits, unlocking over 300 MW of additional transmission capacity in 2024. The project supports the firm connection of renewable energy sources that are being built in the area.

The Atlántico region is set to experience substantial growth in electricity demand, with 1.5 GW of wind and solar generation already approved for connection. This is significantly increasing power flows on transmission circuits in the area and was predicted to cause overloads on multiple circuits, especially in contingency scenarios (N-1).

ISA TRANSELCA proposed deploying SmartValves to resolve congestion on five 220 kV circuits. The national planning agency, UPME, selected Smart Wires’ APFC solution as the preferred option and included it in the national expansion plan.

SmartValve is an advanced power flow control (APFC) solution that quickly solves grid bottlenecks and other grid issues to create extra capacity and support optimised use of the existing grid. It is a patented, award-winning, single-phase, modular static synchronous series compensator (m-SSSC) that injects a voltage in quadrature with the line current to synthesise a capacitive (- ?s) or inductive (+ ?s) reactance. This means it can push power off overloaded lines or pull power onto underutilised lines.

SmartValve provided a faster lead time and avoided lengthy permitting and disruption to communities associated with alternative network options. Its modular nature also provides ISA TRANSELCA with the flexibility to adapt the solution over time as system needs evolve.

By deploying SmartValves across five circuits at two sites to push power off overloaded circuits and onto circuits with spare capacity, ISA TRANSELCA can unlock over 300 MW of extra capacity on the existing grid to support the connection of new renewable energy generation and improve the utilisation of capacity on new infrastructure in the area.

“Our collaboration with ISA TRANSELCA exemplifies how strategic investments in APFC can optimise grid capabilities and expedite the adoption of renewable energy,” said Joaquin Peirano, General Manager for the Americas at Smart Wires. “Following the successful completion of the CO-COST project last year, this new project leverages our partnership to bring reliable, scalable solutions to address the challenges of modern energy distribution.”

As part of the project the SmartValves at the Nueva Barranquilla substation are uniquely housed indoors to provide a durable solution in a highly corrosive environment caused by proximity to heavy industry and the sea. This indoor deployment is made possible due to the flexibility of SmartValve, which means that the layout can be optimised for the space available.

Smart Wires has been active in Colombia for the past five years, starting with a pilot project with Empresas Públicas de Medellín (EPM) in 2021 and followed by multiple large scale projects with EPM, Enlaza-GEB, and ISA TRANSELCA. These projects have already helped unlock over 1.2 GW of firm transmission capacity, improving access to clean, reliable, affordable electricity for consumers across Colombia.

Top 20 Utilities Technology Solution Companies - 2016

Company
Smart Wires

Headquarters
San Francisco, CA

Management
Jim Davis, CEO

Description
An innovative dynamic grid optimization solutions company

Top 20 Utilities Technology Solution Companies - 2016

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