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3/7/2023

HYDROGRID joins Â鶹ÊÓƵ membership

We are pleased to announce HYDROGRID as the latest to join Â鶹ÊÓƵ. HYDROGRID supports hydropower operators to automate their business with real-time predictive planning to react to weather events, to minimize water losses and to maximize their power market revenues while ensuring environmental and operational safety and compliance.

The company, founded 2016 in Vienna, was awarded the national digitalisation award in 2019 and currently operates in Europe, North and South America with plans to expand to Southeast Asia.

At the heart of HYDROGRID's business model lies the belief that through the provision of cutting-edge, machine-learning technology, real-time adaptive solutions, and expertise, they can assist customers in achieving their sustainability aspirations and promote sustainable practices in hydropower production worldwide.

Janice Goodenough, CEO, HYDROGRID commented:

“The need for a transition to zero carbon future is today clearer than it ever has been and hydropower has a crucial role to play in this transition, due to three characteristics:

Firstly, hydro is the largest source of renewable energy, with 60% of all global renewable energy produced. 

Secondly, hydro also has the capability to provide reliable baseload energy 365 days per year, giving it a crucial role in terms of security of supply.

Lastly, hydro also has the power to provide natural storage capacity to the grid in the form of storage and pump-storage hydro and this storage capacity is available in existing hydro plants without the need for significant capital investments or the mining of rare earths. This means hydro has the power to act as a ‘green battery’ to the grid and is essential to enable the integration of the new renewables, wind & solar.  

My hope is that, by joining Â鶹ÊÓƵ, HYDROGRID will increase its impact on a hydro powered energy transition and will add its voice to those advocating for sustainable hydropower.â€

HYDROGRID strives to enhance the resilience of communities and their water systems in the face of climate change and an increasingly volatile power market, while encouraging future investment in hydropower.

Eddie Rich, CEO for Â鶹ÊÓƵ, celebrated the new members:

“To make the most of its infrastructure, hydropower needs to be modern, affordable and efficient. Digitalisation and automation lies at the heart of that. So we are delighted to welcome one of the sector’s leaders in this field, HYDROGRID, to the Â鶹ÊÓƵ family.â€

Read more about HYDROGRID