The Electric Power Research Institute’s (EPRI) Incubatenergy® Labs program today announced LiveEO was selected as one of 20 startup companies that will conduct accelerated demonstrations of their technologies with utilities and EPRI as part of Incubatenergy Labs’ 2021 Cohort.
LiveEO was chosen from more than 250 international startups by a panel of global utility and EPRI subject matter experts. The selected startups will spend 16 weeks working with electric power utilities and EPRI on demonstration technology projects intended to accelerate decarbonization, electrification, grid modernization, and other electric power industry innovation imperatives. The 2021 Cohort runs June to October, with results presented during interactive Incubatenergy Labs Demo Days Oct. 19-20.
“Collaborating on the rapid assessment and deployment of innovations across power generation, delivery, and end use is essential to accelerating decarbonization,” said Incubatenergy Lead Erik Steeb. “Incubatenergy Labs brings startups like LiveEO and utilities together to crowd source the demonstration of these innovations and speed the commercialization of promising technologies.”
“We are incredibly excited to be among the winners of the 2021 cohort. With customer-centricity at the heart of our strategy, this is a unique opportunity to not only demonstrate the potential of our technology but also to learn from direct interaction with the utilities’ experts on the project”, said Sven Przywarra, CEO and Co-Founder of LiveEO.
Host utilities for this year’s Cohort include: Ameren and TVA, along with participating utilities Con Edison, Duke Energy, Enel, FirstEnergy, Fortis (Newfoundland Power, Tucson Electric Power, FortisBC, Central Hudson), Green Mountain Power, Vermont Electric Coop, Vermont Electric Power Company (VELCO), New York Power Authority, Pacific Gas and Electric Company (PG&E), Portland General Electric, Southern California Edison, Salt River Project (SRP), and Xcel Energy.
Glitschiner Straße 94
LiveEO is bringing Earth Observation to enterprise customers starting in the infrastructure sector. LiveEO utilizes satellite technology to monitor large infrastructure networks globally and empowers the operators to save operational expenses by observing dangers from external threats. By using AI, the start-up generates overviews of thousands of kilometers for decisions on the management level and information for the worker on the ground via a front-end and mobile app. LiveEO’s goal is to monitor every major infrastructure grid until 2025. The company has around 50 employees and has offices in Berlin, Germany, and New York, USA.