EleQuant partners with Energy Launch
on Jun 15 in News posted Agora, AIA Group, algorithms, electricity, EleQuant, energy, grid management, Grupo AIA, mathematics, power companies by Tina
EleQuant brings advanced, software-based, custom algorithms to the increasingly complex task of grid management. Improvement of grid performance offers significant economic and environmental advantages. Smart Grids are not so smart after all.
EleQuant has developed new technology for real-time intelligent observation and management of electricity flow. Public and private power companies use the company’s solutions to dramatically improve efficiency of electricity generation, transmission and distribution.
EleQuant’s Agora product suite, unlike the industry-standard solutions based on Newton-Raphson algorithms, employs non-iterative mathematics to arrive at correct solutions nearly 100% of the time – even as systems approach collapse. The result is a set of tools so robust they will keep you informed of the precise state of your network, even under the most difficult circumstances.
EleQuant is a subsidiary of AIA Group. Founded in 1988 and based in Barcelona, Spain, AIA Group is a technology and software development company that specializes in solving complex problems for the telecommunications, banking and energy industries. The company employs more than 100 physicists, mathematicians, computer scientists, electrical and telecommunication engineers.