The Future of the Utility Grid | Utility Innovation Summit Panel
At the Utility Innovation Summit, Eric Rosenberger explains how PPL used dynamic line ratings on three congested lines after PJM’s 2020 study.
PPL’s 2020 PJM Trigger for Dynamic Line Ratings
The panel turns grid innovation into a sequencing problem. A utility does not adopt a new tool because it is novel. It adopts when a system pain, an operating path, and a risk case line up.
Eric Rosenberger’s dynamic line ratings example gives the clearest version of that sequence. PJM’s 2020 market efficiency study identified three PPL lines with high expected congestion. That mattered because congestion has a price signal. If a line blocks cheaper generation, the system pays more than it should. The standard utility answer would be a large capital rebuild, with years of planning, construction, and rate impact.
PPL’s planning group saw a narrower problem. The lines did not create a long-term planning failure. They created a congestion bottleneck. That distinction changed the tool choice. If PPL could safely pull more capacity from existing conductors, it could address the constraint without first replacing the assets.
Rosenberger gave the operating definition plainly. “ratings are basically the the amount of current we can push through the through the transmission lines,” Eric Rosenberger said. He then explained the old rating habit. Utilities set conservative limits by assuming the hottest temperatures and lowest winds. Those assumptions protect reliability, but they also leave unused capacity on cold or windy days.
Dynamic line ratings convert that hidden margin into a real operating input. Sensors or other real-time measurements show what the conductor is actually experiencing. The utility can raise or lower the allowable rating based on field conditions instead of a static worst-case assumption.
The Sensor-to-Operations Ladder for Transmission Capacity
Rosenberger’s framework is a ladder, not a pilot story. First, identify a grid constraint with measurable market cost. Second, verify that the problem is capacity access rather than asset failure. Third, collect real-time line conditions. Fourth, move the rating into live operations.
The last step is the hard one. DLR had been tested before, but Rosenberger emphasized that PPL crossed from pilot into operational use. “PPL's been credited with the first utility in country to basically operate dynamic line ratings in live uh uh operations in the system,” Eric Rosenberger said.
That quote matters because grid technology often stalls between proof and dispatch. A sensor can produce data. A model can produce a rating. The hard move is allowing operators and market systems to act on that rating. For a utility, the adoption question is less about whether the technology works in a demo and more about whether it can become an accepted part of the control-room process.
This also reframes capacity expansion. The panel does not treat transmission as a binary choice between doing nothing and rebuilding lines. PPL’s case introduces a middle path: make the existing system more dynamic when the physical condition allows it. That does not remove the need for new wires, but it creates a faster response for selected constraints.
TA’s Small-Business Demand Pressure Map
The founder perspective added the demand side of the grid equation. The TA founder described an energy margin tool that models sites from small businesses to mines and manufacturing facilities. The product takes images of equipment, reads likely performance, combines that with outside temperature, and estimates benchmark energy use.
The operating thesis is that many grid decisions suffer from missing low-level demand data. Large industrial customers often have sensors and strong load records. Restaurants, ice cream shops, and other small businesses tend to be less visible. The founder’s go-to-market logic is built around turning those sites into a demand intelligence layer.
The TA founder put the target clearly. “we have always wanted to work with small businesses because I feel like that's a gap uh in terms of energy management,” the TA founder said.
The company’s framework has three parts. First, model the asset base at each site. Second, connect performance to weather and usage. Third, group sites into cluster awareness, so utilities can see regional demand pressure during heat waves or cold days.
That is a different grid tool than DLR, but it shares the same adoption pattern. It converts static assumptions into operating awareness. PPL is asking what a transmission line can carry right now. TA is asking what a cluster of businesses will need under stress right now. Both are attempts to replace planning averages with field-specific signals.
The founder also described a practical learning loop. Customers used the product in ways the team did not expect. Municipalities in South Africa and New England used it for loan inventory, equipment performance checks, new equipment modeling, and panel fit. Small businesses used load profiles and pricing tied to high-temperature energy use. The lesson is that a climate-tech tool may start with one buyer hypothesis, but the data asset can reveal several commercial paths.
Exelon 2C2I’s Filter for Corporate Venture Fit
Chris Jacob brought the investor and corporate deployment lens. His core point was that large utilities need outside invention because they are built for safe service delivery, not always for early product creation.
He stated the partnership need directly. “partnering with external people is critical to get these things going,” Chris Jacob said. For him, corporate venture is a bridge between startup speed and operating-company scale. Exelon may need EV charging, batteries, solar adoption tools, concrete materials, or other sustainability products, but it does not have every deep technical team inside the company.
Jacob also gave founders a clear filter for Exelon’s 2C2I fund. It is funded by the Exelon Foundation, so it has room beyond direct utility needs. The fund has invested outside electric and gas tools, including a drink made from waste avocado seed product and a concrete startup. Still, the screen is not unlimited. It favors sustainability, connection to service territories, and company stage.
The named geography matters. “We operate in Philly, DC, Baltimore, uh Chicago,” Chris Jacob said. He also said the fund backs Series A or C rounds. For founders, that creates a practical qualification test: sustainability link, territory relevance, and stage fit.
Jacob’s comments on customer shifts also fit the broader panel logic. One company moved from a silent generator for food trucks to using its underlying technology as a battery storage system. That changed the buyer from consumer-grade use to utility-scale or institutional use. The product did not only change features. It changed the adoption path, sales cycle, proof points, and buyer risk.
The Grid Adoption Rule: Proof Must Fit the Operator
Across the panel, grid innovation is shown as a matching exercise. The city convenes the stakeholders. The utility defines operational pain and reliability constraints. The founder builds data products that expose hidden demand or asset behavior. The corporate venture group funds and routes selected tools toward operating companies.
The shared rule is simple: proof must fit the operator. PPL’s DLR case worked because it mapped to a PJM congestion signal, three named line constraints, and an operations pathway. TA’s demand product gains value when it converts small-business behavior into utility-ready regional pressure data. Exelon’s 2C2I fund works when a startup fits sustainability, geography, and stage.
The July 2026 Utility Innovation Summit panel gives Earth Onward’s “conversations become playbooks” idea a concrete grid form. The playbook is not to chase every new grid technology. It is to connect technology to the exact constraint, the exact buyer, the exact operating workflow, and the exact data needed for trust.
Frameworks from this conversation
- PPL’s 2020 Congestion-to-DLR Screen
- The Sensor-to-Operations Rating Ladder
- TA’s Small-Business Demand Pressure Map
- Exelon 2C2I’s Territory and Stage Fit
Full transcript Click any timestamp to jump to that moment in the video.
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Oh, welcome to this special recording of a speaker panel that occurred at the utility innovation summit put on by the Grove in July 2026. The UIS or the Utility Innovation Summit is an event series in Philadelphia in the Mid-Atlantic around tangibly what it takes to deploy innovation to the grid.
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So this speaker panel brought together uh investors, a climate tech founder, uh a representative from a utility that has experience deploying a novel technology and is moderated uh by a wonderful representative of the department of commerce in the city of Philadelphia. Uh this conversation captured each one of their perspectives on what innovation to
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the grid even means and also what their roles are in bringing that to the table. Because if you follow along with the the grove, you know that uh an ethos or uh the point of this show is to capture the perspectives of each ecosystem operator that is involved in bringing innovation uh to uh to different industries uh that
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that are are more climate oriented. In this case, it's for the grid uh which is why we brought together the four uh stakeholders that we did uh the city, the utility, the founder and the investor. So these will be happening uh on at least a quarterly basis if not more frequently in the future. They will
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be happening in Philadelphia around the Mid-Atlantic. So this is a wonderful conversation. It's great to get everybody in a room together uh instead of you know just uh uh in a virtual room. So if you can make uh the next one there's information on our website, information on my profile. Um but I hope
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you enjoy this uh this conversation. Thank you as always to the sponsors, Clean Techch Growth Lab and Craz Friends. And with that, enjoy. >> I'm really excited on behalf of the Commerce Department and the city um to support um this really needed conversation. I will just go down.
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>> All right. Uh so I'm Eric Rosenberger uh and I'm with PTL Electric Utilities. So, um, we have a utility in Pennsylvania, pretty large, and then we also have we own Kentucky utilities as well as Rhode Island utilities as well. Um, and I've been PPL for 15 years, uh, in different roles, uh, from our transmission
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maintenance organization, engineering standards, and I'm now in our asset management department. But, uh, yeah, I've been involved all along the way in all kinds of different technologies we've rolled out in the past. Um it's definitely definitely got my interest in any kind of new tech we can deploy a lot of data any data we're interested in
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collecting uh we love that stuff but uh yeah happy to be here especially can talk to all the the technology people >> hi my name is I'm the founder of love um I happen to be the one who builds a lot of the tech uh tools uh and our startup and I'm always the on working on the
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doors of 50 companies searching for partnership. So I know pretty well what it means to be uh on your knees trying to get partnership uh companies but um I've been in the space of working with futility companies for over 12 years. Uh before starting my startup I used to lead energy audits and
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energy infrastructure upgrades in South Africa. Um so that's where the mut companies came because if anyone had been to South Africa a couple of years ago uh there was the famous power outages uh and we have a love and hate relationship with utility companies. Uh so uh that has been my background.
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>> I'm Chris Jacob. I'm a product manager at Exxon. I work on the solar journey trying to get more adoption there. for that. I was an engineer at Pico for a long time. Um, but I'm here because I work with our 2C2I investment fund. We invest in clean tech startups and we try
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to deploy them at our operating companies. So, I can talk about uh that as well. >> Okay. Awesome. So, um I would love since you've just um introduced yourself and um spoken about um the Pico Venture Fund, um I'd love for you to talk a little bit more deeply around um Pico VC
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and why you feel like it's um you know um important. >> Well, yeah, we are a massive established company. Um we don't necessarily have the expertise or the like entrepreneurial ability to bring new things to market. Um, so partnering with external people is critical to get these things going. Um, like we're not going
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to be the person the organization that designs the next great like EV charger or battery or anything like that. We just simply, you know, we don't have a team of PhDs with battery technology like with that background, but that exists and this is a way to bring that into our organization.
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>> Yeah. Awesome. Awesome. Awesome. And um for for Eric um I would love for you to um explain a little bit more about your background and go just a little bit deeper um and explain some of that DLR technology that you should use.
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>> Yeah. So um so DLR uh it stands for dynamic line ratings. Um it's been getting a lot of uh a lot of press over the last few years definitely from from Perk and the the federal regulators. Um I've uh it I got to work on this technology deploying it. Uh PPL's been
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credited with the first utility in country to basically operate dynamic line ratings in live uh uh operations in the system. So and uh it's it's not a new technology by any stretch of the imagination. It's been piloted all over the country for years.
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Um it's just nobody had actually taken it to that next step of actually operating to it. Um but uh I >> Yeah. And for those that are noviceses um you know like me um what is the deep value and why is that so important to make sure that's deployed?
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>> Yeah. So um really I guess it's almost kind of the story of of kind of like how it works on on the system. Um I guess ratings. So ratings are basically the the amount of current we can push through the through the transmission lines. And uh it's kind of like the speed limit for for the for the lines.
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But um you know basically the way we historically rated our lines and pretty much every utility did is you basically just assume the worst case assumptions. Assume uh you know what's what's your highest temperatures you're going to see, what's your your lowest winds you're going to see. basically because these are the parameters that affect how
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much current you can push to the line. Um, and I assume in the worst case uh scenario on all those and operating your lines through it, you may have a very cold day or a very windy day and you can actually push a lot more current through those lines. Um, and so the idea is if
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you if you put sensors on your lines or you have some other way of actually measuring real-time conditions of what your conductor is doing, you can basically get a higher rating and allow more uh energy flow on those lines.
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>> That's extraordinary especially right now uh where people are seeing a lot of cost burden and also the burden of you know rolling blackouts and things like that. Um and I think that that's really exciting. Thank you so much for sharing and um No, we like you um come from a particular deep background um and
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culture around um utilities and I would love for you to explore how that has touched your tech so your background how that has touched your tech and explain the tech technology a little bit more for the audience. >> Okay, thanks. Um so in terms of what we do in TA, we had a domain bottoms up
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approaching uh in how we think about energy um and demand response. So what we built at at TA is um an energy margin tool. Um so we are able to model all the different sites from small business up to your large uh manufacturing sites and mines. uh we take we have built a tool
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where you can take images of the equipment and right away we know the performance of those equipment. So we also understand what the temperature outside our site is and when those equipment are run on our platform we know what the benchmark energy of that site would be. Um so because we wanted to get as many businesses using our
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platform as possible especially small businesses because there's a lot of uh a lack of understanding of how much energy is used at small businesses. Um we have a lot of data of your large industrial size they have sensors usually. So we started bringing out venue to them and say whenever your site is under pressure
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you can do a you can charge an energy margin premium that's pushed on to your end customers. So it allows a lot of these small businesses to use to a lot of times so that we get uh data as much data as possible. So that data allows us to be able to model site pressure. So in
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an ecosystem of where there are small businesses we understand what it business energy usage is what pressure is at that region and we have cluster awareness. So it allows us when we go up to pro to build relationships with utility companies where we are able to let them know or on the demand pressure
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um so that they able to understand at a cost sustain how much energy is needed at this location uh during your heat waves during cold days they have that dynamic uh demand pressure awareness. Oh, that's extraordinary. That's extraordinary. And when you think about the business that you do, um what do you think is the breakdown um in terms of
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the um customers that you have between those large enterprise um and municipal um clients versus those small businesses? What's the um breakdown so far? And what would you like love it for it to be? >> You know, it's it's so funny. when you start a business you have this idea of how you want your business is going to
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be and people use it quite differently. So on one side we have some of our uh our clients are municipalities in South Africa as well and some in uh New England uh where they use the city just uses to do a loan inventory uh to understand to add equipment on site to understand how they are performing and
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whenever they want to install new equipment uh they model how it will perform using our system. uh which panel would work best for that equipment um and the load pressure it will so that they understand should we bring in this equipment or shouldn't we bring in this equipment but um we have always wanted
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to work with small businesses because I feel like that's a gap uh in terms of energy management um that we haven't really addressed like your high businesses restaurant ice cream shops um so with them um we know we do load profile. Um, and we all they also use us to be able we detect uh when it's really
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hot, how much energy they using and alternatively use s pricing that is pushed onto their end customers. So, >> so that's interesting for sure. >> That's how we've wanted to use it, but people use it in different ways and that's what we really love the most because at our end goal, it allows us to
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get as much data as possible that helps us advise, understand how the good is used and those relationships we have with a lot of your large utility companies. >> Yeah, that's incredible. Um Chris, I'd love um to hear your reaction from, you know, a corporate venture um perspective, from a enterprise venture perspective. Uh you see a business going
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through and trying to figure out who their customer is. Um do you see that a lot within your portfolio? And um when you think of your portfolio, who's their like target customer? Do you see like a a trend within um your portfolio companies?
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>> I'll start with the first one. Um I've defin seen pivots happen. Um one of the companies I worked with last year made a um like a silent generator. Um and they were bring that to like food trucks and things like that. Um but they pivoted to just using the underlying technology as
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like a battery storage system which you know that's a fundamentally different customer base. one's utility scale, one's, you know, consumer grade. Um, I'm thinking back on a couple of the companies I work with, I I think it is interesting. I think many of the companies I've in particular worked with are selling to like businesses and more
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institutional groups. We definitely have a few people in the portfolio who are selling to end like consumers, but um I definitely think it's businesses are where these uh great clean tech people end up going. >> And let's dig a little bit closer um or deeper into that. Um does um POVC have um a thesis have a particular thesis?
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It's just brain technologies or is it B2B? What um what's the overarching thesis for if there are any founders in the in the crowd? Are there any founders in the crowd? Okay. Quite a few. A few. Yeah. Yeah. Yeah. For for the founders.
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Yes. Who founders here? >> Um you know it's really important for those founders to kind of understand um who what's the thesis of a particular fund if they're trying to go after um investment. >> Sure. So we're funded by our the Excelon Foundation. So we are not exactly tied to like the business needs. We have the
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ability to invest in other sustainable businesses. So just if so you don't have to be an electric or gas company like we we invested in a drink that is made from like waste product from avocado seeds something like that. Um I'm working with like a concrete startup now. So it's not like you know it doesn't have to be
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energy. Uh but generally the focus is around sustainability, something that is in our service territories. We operate in Philly, DC, Baltimore, uh Chicago. So something that has ties to those regions and be fund series A or C rounds. So that's kind of our that's our thesis.
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>> All right. So that's perfect. See if you uh match that profile. You know, maybe get some investment. Um so I would love to um follow up with Eric. um what's um why was your DLR technology kind of going back to that why was that technology kind of put in place um and
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you know why was this initiative you know why did you create this initiative why was it put in place kind of walk us through uh you know the creation of that >> yeah um so I so I think the uh the reason for it and and kind of how it sparked actually kind of simple um PJM
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who I believe hearing from someone uh later from PJM But uh they're basically our uh uh regional transmission organization. They they manage the market. They basically dispatch all the generators and uh and manage all the resources. We're just the the owners of the facilities. Um you know they basically do a study every two years
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called a market efficiency study. And in there they're looking at uh future um you know prices of and future future uh dynamics of a whole bunch of different things on model. But but ultimately they're trying to figure out where the network is constrained. Um meaning basically the generators all bid into the market and uh we want to use the
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cheapest generation we can and the reality is lines and other devices other equipment can be limiting and we can't necessarily dispatch the cheapest generation all the time because there's a we have a liability issue with the grid. Um so ultimately they calculate kind of how much uh extra cost you know a line a particular facility that's
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constraining the system couldn't cost it because you can't dispatch certain generators that are cheaper. Um and they they add that they add this all up in these studies and basically in 2020 um they came out with a study disc that we had three three of our lines on that that showed pretty high congestion um
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that was expected and uh typically utilities will basically go out and say okay well we'll just rebuild those facilities or or reconnect them make them bigger spend a whole bunch of capital take many many years to do it.
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We uh and our planning group basically looked at that and and saw that we didn't actually have a long-term planning issue with those facilities. We just had uh a congestion issue which with some of the so we figured if we can get a little bit more uh capacity out of the out of those facilities we could we
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could actually resolve some of the congestion. Um so really it was our planning group that kind of saw saw this technology as an application in this space and uh you know once once we kind of identified it uh kind of went after it and went plan to take it the whole way all the way into operations. Um so
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that's kind of >> how we do that. >> I love a why right helps to illuminate um how things are going to be moving and why um and and the effects. And I do have a question for everyone. And so everyone can kind of take it a little off script, a little spicy. So let's see if we if we're ready
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for spiciness in the army. But um you know, earlier this um week, Tim Dodd had a a conversation around um data centers um over in Allentown. Um and with the advent of um data center proliferation and AI um as a consumer good you've seen a lot of strain on uh on utility grids
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and an increase in pricing um have you found that in the past maybe two three years since GBT has um exploded in popularity in LLM and AI and also um the growth of uh data centers have increased. Have you found that has um increased the need for your product, your service um or has it changed the
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way in which you have um invested? Um how is the kind of push back from a you know in consumer or uh you know the political kind of feeling around um data centers and AI um and it strain on utilities affecting the work that you are doing is it affecting the work that
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you're doing just something life I don't >> I I I can speak about my case because even beyond working with businesses, one of the most important thing that we are with is the building as a whole. So you find a lot of companies that say that um we want to add more infrastructure that
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supports our AI ambitions. Um and one of the question they ask us is that is our building the right fit to accommodate the capacity at which we want to go. Um so we always model to figure out okay will it be a right fit when we add all these extra components that are going to
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draw energy. Um so one of the reason questions we need to answer is that uh does it fit if it doesn't fit do you need to do an energy infrastructure upgrade or one do you need to move to another infrastructure that can provide you the right capacity at what you need.
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So those are the questions we always answer for a lot of our customers because whether you like it or not uh even beyond AI a lot of businesses um have some IT infrastructure they want to upscale. I mean back when I used to work as an engineer we used to build infrastructure for the banking system
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and I still remember the IT infrastructure was so huge and you know there's always the questions every single moment where they say they want to upgrade their IT infrastructure and we can never escape AI um even if beyond just data centers they're going to be companies that want to have your small data centers inside their own um their
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own buildings uh that may support how they where they want to go in the future of their IT departments. So maybe let's not call it a like the IT general innovation and it >> yeah the general IT innovation and we need to support that. Do we need battery? Do we need solar? Uh what
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energy infrastructure? So it has helped us really think out the box on energy upgrades as a whole for our buildings. >> Thank you. Thank you. Anybody else would like to add? You could do it corn style. How about voice?
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>> I'll I'll just add. Uh yeah, I mean for for us uh data centers are definitely a big impact. Um they are I massively increasing our load on our system. So uh really anything we can do to uh and we want to serve them. I mean that's we have to serve all of our load and the
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biggest issue is kind of generation. not not be had a ton of generation there, but definitely any any technology we can get to uh to basically be able to serve uh these new loads quicker and cheaper uh you know that we're all we're all for that and investigating those.
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>> Okay business idea whoever can do that first they'll be a trillionaire bigger than Elon. >> So we have changed a little bit our thinking on our investments. Um I I don't think it's maybe change is the right word, but like we definitely were looking at companies that have helped data centers reduce their energy use
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this last round. Um I think it's just it's a big technology. There's room for improvement. Um and like just from an energy efficiency point of view or like a carbon point of view, like if you don't like the best way to reduce the carbon emissions is to not use electricity. So just like if we can get
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them to use less, that's that's positive. Um, and yeah, it's been a while since I've been in the operations side of the house, but yeah, our companies it I hear it everywhere like if there's a meeting with a leader leadership or you know, we're talking about data centers that it's it's so prevalent. Yeah.
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>> Yeah. Yeah. Yeah. Absolutely. It really is. Um, and so um Chris, I would like to stay with you for a second. Um when you think about your um investments um have you seen any successful implementations um of your investment or um exciting pilots um that you've seen that have been standouts for you over these past
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few years? >> Sure. Um yeah, there's one company, Full Post. Um they make electric chargers that attach to um existing power poles. Uh we're deploying them in Chicago now. I think that's like really cool. We help them do that. we like helped shepherd them through an our internal processes which are opaque at best like they're I
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just thought it's cool to that they went and they're actually doing this and like there's they're improving EV charging infrastructure um it's with utilities and like with startups with utilities it's very common to get stuck in this like pilot hole and it's it's difficult to leave those pilots but it is really great to see them like
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building to scale. That's been something that's been really exciting for many. >> Yeah, that's super super exciting and and very and very needed because uh pilots can be a bit of a burglar if you don't have a runway out um and you know we spoke about that in a tech talk a few
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months ago um at Wharton. Um, and just quick plug, if you have a business idea, if you are working on a business, I have extended my pitch competition deadline, right? So, startup World Cup pitch competition Philly. Um, we our applications close on the 30th. So, if you are a Philadelphia based business, um, even if you are servicing the world,
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you can apply um for up to a million dollars in investing on the finale. 25K thanks to Sidell Bank for first prize right now on the regional level, 10K for um for the second prize, third prize, 5K, and I'm growing the pod. And our top 10 will have a special founders dinner sponsored by Google at the Fitler Club.
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It's a very very important V VIP. So just quick plug, you know, in the midst of uh moderating, I definitely want to see you guys um apply. I see a lot of incredible innovators in this space. So that's really really incredible. Thank um for letting me know what um incredible um implementations and pilots
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and things stand out that you've seen. Uh that's really great. So um I would love to speak to you Derek. I don't want to leave you. uh you know when you think about um deploying um your technology um can you walk us through sort of like the infrastructure and the creation of the team what needed to be deployed um
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how did you build that kind of structure to deploy it out and what was your kind of go to market strategy if you know >> uh yeah I can kind of explain that a little bit um so this technology was something that was really it involved hardware it involved software ware and it involved a lot of processes and in
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integrating with our existing how we operate the system. Um, so it definitely involved a lot of different people. Um, a lot of different parts of our organization. Um, definitely one, you talk about it. It is always a little bit of a challenge. Um, because there's just a lot of red tape sometimes to kind of get something new
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in. Um, you really kind of need someone to kind of champion it, understand it, and and kind of bring everything together and and really kind of make everyone happy. it because it's happy. Hope we can kind of get things in a little too.
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>> Yeah. And if they're and if they're not, you're not moving to anything. >> Yep. Um but uh yeah, I mean it it I mean do doing this involved I mean between uh our sourcing getting making sure contracts were all written really well so we can we can actually meet all of our obligations. We have a lot of
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compliance requirements that we have to make sure we meet. So, at every step of the way, we're we're making sure we can meet our uh NERK NERK standards. Um uh and then, you know, with with anything you're you're operating on the transmission system, uh definitely have all the operators, all the procedures, um that you have to basically, you know,
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you have to massage and get get all the buy in from the people actually operating that system. So >> um and in our case we even had to ours actually had some external involvement because we had to our our ratings that we were operating our lines to we have to also work with PGM who actually runs
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the market. So uh we there was a little bit of convincing PGM to do some enhancements on their side and make sure that they can take uh the data we were giving them and actually use that in in the market. Um, so yeah, it it just kind of requires kind of a lot of uh bringing
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everyone together and then kind of being the champion of of a technology otherwise uh if you don't have that and you just install stuff and look at what it gets, you kind of get stuck in pilot or talking.
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>> Yeah. And no one wants that. No one wants that. So thank you so much. Um and Nelly, um can you talk to me about um what implementation looks like? So when you go to that ice cream shop or when you go to that um factory um and you pitch them and they're like fine sign me
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up I love it. What does implementation look like? What are the next steps post that? Okay. >> So there are two ways um you know with the factory uh because they have more complicated systems uh we always have someone um either someone from our team or someone will outsource that goes to the factory for on boarding taking
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images of equipment the main plate uh so that they can onboard on our system and our system to be uh so that we can automatically build a load profile for that site. uh for ice cream shops like for your smaller businesses we want to do uh we've worked on doing a self serve
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making it easy for them to do self on boarding uh because the funny thing is that we hired someone within our team who does cultural like design thinking of a cultural anthropology lens >> uh saying we need to make energy more sexy so that uh any person can think about um energy not from the end of oh
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it's expensive it always goes off how do we help all these businesses make money um so in terms of your small restaurants and stuff what we do is that when they start using us after they load their model they can then connect our system to their POS system like square and toast so every single time when there is
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your peak demands of energy uh there's climate the climate pressure outside is high and the occupancy is really high, we our system can detect all those and automatically we do a p demand charge that helps a lot of these businesses uh make money. So they can charge like a 8% up to 8% fee to their end customer to
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cover their high energy cost. So a lot of businesses when they realize that they can make money um that's when they >> yeah we serve on board um we will start using it but for factories that's where we put a lot we double down on work uh we have more of our engineers
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who on site to do on body but in the instance that there's engineers on the site we educate them on how to do on body >> yeah so founders love our customers is angry dynamic pricing. Um so Chris, can you walk me through what is a misconception um regarding uh you know investment and
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and and and venture capital in this particular way and how it's deployed? >> Uh sure. something we we try to pilot all of the companies that we invest in but there's a big leap between a pilot and a fullblown contract um something like speaking to people I found that people like think like oh once you get
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investment everything else is guaranteed but that's definitely like a misconception it's a there's a lot of work to get there um it's certainly that's best case scenario but it's definitely not guaranteed >> yeah absolutely and that's also a uh because it's a VC and a startup on the other side that we startup uh make
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uh the biggest and especially in the energy tax space uh because I've seen a lot of energy tax startups take such a long time to move from parlot to commercialization and that gap uh we force VCs to fill up that gap.
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>> Yes. And this is I think the business of making returns because you're also sending to some LP who needs to they put a billion in you. They want they want some returns. So a lot of times you need to think about breaking down our solution into the simplest form that we can get to market um as quick as
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possible. Yeah, >> you know, there's always the end product that looks really beautiful that you want to do, but break down your product into like the simplest feature that when you push to a customer today, they can buy today and then go with that customer.
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>> Incredibly insightful because I found that people um some companies that are beloved um when the sales runway is too long, sometimes people, you know, check out and it can be quite dangerous. I definitely want to give space and time um for Q&A. Um we have time for two questions um and then a final uh one word goodbye
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recently for for our panel. So if you have a burning question, please stand up and tell me your name. >> Um this is a question for Chris. rest of you. I work in Delaware and um there's another center that bulletin food technology
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and I believe he's piloted with your Delmava subsidiary companies. So if you seen that technology, what you think of it? Uh it would be fun. >> I'm not familiar with that particular like instance. It's a massive company. There's some million things that I don't know about. But yeah, I think like I think batteries are the next frontier in
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like energy especially consumers. Um like I think like we had a lot of conversation around solar. I think batteries are going to be big moving forward. So like V2G is another avenue of that. It's a really good one because like people already have these EVs sitting in their homes and it's very smart. So like yeah, I I'm excited about
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that technology. >> Um, last question. Don't be shy. >> All right, perfect. Thank you. >> I've got a bunch, so I got to narrow it down. >> Yeah, I got it. >> Uh, >> what's your name? >> My name is Daniel Olsen.
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>> Daniel Olsen. Can uh you guys are supplying energy to the data centers? Is are you are you using any AI to solve the problems in your grid? >> Has AI been deployed to >> aka are you dog food? Do you eat your own stuff?
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>> I guess that question. Um so I will say we are are definitely using AI as much as we can. Um I would say my company I kind of when it when it you know chat GBT really came on on scene and uh you know everyone was very sensitive to like just going wild and starting using chat
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GPT um you know there was a lot of sensitivity we have a lot of sensitive data infrastructure data and stuff. um a lot of uh a lot of thought went into kind of how do we deploy this to all the you know all the employees and how do we use it but I will say you know over the
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last year we've been it's been we've been getting it out actually um you know just the general AI tools u to to a lot of our employees and we're using we're trying to use them in the normal functions uh planning system planning is one of them I think that's kind of where the AI for for really uh you know
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identifying opportunities in the grid and where where we can, you know, make it more reliable, reduce our own costs, um, and and connect connect new loads, all these data centers. Uh, we're, I would say we're just starting. I don't think we have any crazy breakthroughs. I mean, there's a lot of vendors getting
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in into that space as well. Um, but yes, we are definitely uh, taking full advantage of of AI as we can there. And would you say that AI data centers are your single most uh largest consumer on the grid from a single point or are there other big players on your >> uh I mean today they're not not too many
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have really come online but they're all in the works so they will be >> I think a lot of people think that data centers are the biggest consumers of energy. I mean working in South Africa they would always tell you the grid was specifically built for the mine and mineral processing plants. So yeah
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because you talk about data centers a lot um tend to ignore other industries because there are other industries that really uh deplete uh the grid especially processing plants um a lot more. So when you think about energy those are some of the biggest players and I think data centers have from their origins have
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thought about reliable energy that's why you find them building micro grids but for all these other sectors they put so much pressure on the energy and I think we need to be thinking about those a lot more when we think about our energy pressure.
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>> Yeah. Yeah, great great answer because they're data centers are more of a nuisance, but they're not always the biggest concern. >> All right, thank you so so very much. I would just like you guys to have one final word um if you have one phrase, one sentence um to describe the future
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of um utility um innovation. What would it be for you? It could be for your work or it could be, you know, in general. Make it as large or as singular as you need. >> Can I make a plug as well?
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>> Yes, please. I love a plug. >> If you are seeking investment, excellent.com/2c2i. We're going to start reviewing in September. So, please uh apply online and come talk to me. But I think the grid's going to be more flexible. That is the future of energy. It's going to become more flexible and we're we're
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going to figure it out. >> Yeah. Um for me it's like building resilient features. U I love that for the first time in history we are now thinking more proactively about energy and energy resilience and everyone is now putting their heads in on how we can build more resilient features.
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>> I would I would just say uh I mean all this it's going to make the grid stronger. Um every every time we deploy new technology we make it we make it better somehow. um growing load, growing generation just makes it makes it better.
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>> Awesome. Awesome. In my world, whoever wins the sustainability effort will win period financially. So, um we are now going to go into networking. So, you will have the opportunity to speak to all of us and to speak amongst uh yourselves as well. And then we'll come back um for a really great fireside chat
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at 11:15. So don't wander too far. Um and that will be with Stephanie Benedict. Um so please don't miss that and have an incredible time networking. I'll talk to you guys in a second. Thank you so much for this incredible event.
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You guys are incredible.