Smart Energy And Advancement In Power Technolog...
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Smart Energy And Advancement In Power Technolog...
Governor Kathy Hochul today announced the winner of the New York-Israel Smart Energy Innovation Challenge, a competitive award with a value of $1 million that enables New York State to partner with an Israeli company to develop an innovative energy technology that helps New York advance its clean energy agenda. Governor Hochul made the announcement on behalf of the New York Power Authority (NYPA), the largest state public utility in the U.S., which identified Tel-Aviv-based Prisma Photonics as the contest winner. Prisma was awarded for its real-time transmission line issue detection system that will help improve grid safety, security and reliability while advancing the efficient delivery of clean power statewide. New York Power Authority Interim President and CEO Justin E. Driscoll and Israel's Consul General Asaf Zamir met in midtown Manhattan today to celebrate the award announcement.
"Today two of the world's leading energy technology centers - New York and Israel - are coming together to develop new technologies that will benefit both parties as well as the global utility industry," said Governor Hochul. "New York State and Israel are working together through this smart energy challenge to develop solutions that will result in resilient, renewable and affordable energy systems. With the assistance of smart Israeli companies through innovative partnerships like this one, we are rapidly pursuing technologies with the potential to optimize our energy infrastructure and further develop a state-of-the-art grid that is equipped to deliver reliable, affordable, clean power statewide."
Prisma Photonics, a Tel-Aviv-based provider of smart monitoring solutions for physical infrastructure, was selected as the 2021 challenge winner through a competition for new utility related technologies jointly organized with the Israel Smart Energy Association (ISEA) and NYPA. NYPA and Prisma Photonics will collaborate on a research and development project to advance the functionality of Prisma Photonics' sensor free grid monitoring platform already installed through a pilot project on one of NYPA's transmission lines. These advancements will include integration of new, artificial intelligence-based, detection algorithms and a dashboard to provide real-time event notification and integration with other Authority operational data.
NYPA Interim President and CEO Justin E. Driscoll said, "The Power Authority has realized important benefits from our previous relationships with Israeli firms by pursuing smart technologies of mutual interest and this latest venture will elevate us to a new level of detection to help maintain our power systems. Through this collaboration, we, together with Israel, will advance best practices in the energy industry and provide benefits for power delivery systems worldwide. The technology supported with this new partnership will employ artificial intelligence to augment our existing transmission asset sensor program, which has proven to be highly effective in identifying potentially costly issues and monitoring power flow and system performance."
In early 2020, the Authority together with the ISEA issued the NYPA-Israel Smart Energy Challenge to solicit start-up technologies from companies headquartered in Israel that support New York's clean energy transition. The competition sought proposals from Israeli companies with expertise in energy efficiency and clean energy generation that wanted to work with New York's public utility to scale up their technology in pilot demonstration projects to meet the specific needs of power utilities operations. A second Smart Energy Innovation Challenge, announced today, will similarly be a $1 million competition that will allow NYPA to select another innovative company to help create significant advances in grid reliability, storage, sustainability and affordability, all of which benefit ratepayers, utilities and the environment.
