Description of venture idea
The power grid will increasingly need greater power quality and fault detection & response. Autonomous inverters equipped with AI/ML and distributed algorithms could enable this.
This startup would develop a comprehensive solution for autonomous power inverters and distributed intelligence in power grids. This includes power inverters that feature advanced control systems, artificial intelligence algorithms, and decentralized decision-making for enhanced efficiency, responsiveness, and adaptability to dynamic grid conditions.
Market needs this venture would address
Technical capabilities this venture might leverage
- ML
- Internet of Things and sensors
- Decentralized decision-making algorithms
Business model
Unknown
Team
Unknown — Marija Ilic et al?
Outstanding risks
- Interoperability Challenges: Ensuring compatibility with various inverter models and seamless integration with existing grid infrastructure.
- Cybersecurity Concerns: Mitigating risks associated with potential cyber threats to maintain the security of the distributed intelligence system.
- Regulatory Approval: Navigating complex regulatory frameworks and obtaining approvals for the deployment of autonomous systems in critical infrastructure.
References
(Thank you ChatGPT for writing some of this up!)