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Torino Power Solutions and Thirty Advisory Form Strategic Partnership on Electric Grid
Friday, May 3, 2024Company Profile | Follow Company
Burnaby, BC, Aug 1, 2017--(T-Net)--Torino Power Solutions Inc. (CSE: TPS) reported that it has entered into a business development partnership with Thirty Advisory.
Thirty Advisory is a strategic advisory consulting firm working with some of the largest utilities in North America.
Under the agreement, Torino and Thirty Advisory will provide collaborative, turnkey services focusing on the strategy development, installation and implementation of transmission and distribution system solutions, designed to address the challenges of integrating distributed energy resources (like wind and solar energy) into an aging electrical grid.
Effective closed loop control of pervasively deployed IIoT sensors, providing real time condition monitoring of the electrical grid is mandatory for the electric utility sector, which is in a significant state of transition to a 21st century transmission and delivery system that is flexible, reliable, resilient, efficient and sustainable.
Torino's real-time Power Line Monitoring system for electrical power transmission and distribution (T&D) grids is seen as a critical component for the digital transformation of the electricical grid. T&D infrastructure is in urgent need of expansion and upgrading due to increasing population, growing loads (due to renewable energy sources like wind and solar) and aging equipment. Utilities globally are investing in new technology to improve grid performance and reduce cost for their customers.
Torino's patented microwave cavity sensor technology delivers real time measurements that allow for closed loop Dynamic Line Rating leading to increased transmission capacity, improved grid resiliency, lower energy costs and bottleneck elimination.
Torino PLM creates real-time situational awareness that will help prolong the life of powerline assets and help with the management of future distribution networks that are expected to host high concentrations of distributed energy resources which include distributed generation, renewable energy sources, local storage systems and flexible loads.
About Thirty Advisory
Thirty Advisory is a strategic advisory consulting firm providing IIoT projects in the Energy and Utilities, Automotive, Industrial, Communications, Healthcare, Financial, Consumer, Media and Entertainment sectors enabling clients with a competitive edge, allowing them to engage more effectively in the connected marketplace that is the Age of Everything. Please visit www.thirtyadvisory.com for more information.