Alexander C. Kaufman pfp
Alexander C. Kaufman
@kaufman
I have another little exclusive story out on Latitude Media this morning. This piece looks at Nira Energy, a software startup that slashes tens of millions of dollars off the cost of connecting to the grid. The company - founded by former engineers from Palantir, Exxon Mobil, Amazon and New York's grid operator -- is trying to unclog America's infamously backed-up interconnection queue. Here's the news: After bootstrapping the startup since 2021, its executives just brought on Energize Capital as its first strategic investor. https://www.latitudemedia.com/news/how-nira-energy-is-using-software-to-unclog-the-interconnection-queue/
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gFam.live (UrbanGladiator) pfp
gFam.live (UrbanGladiator)
@gfam
That's awesome! I'm glad companies are looking to tackle this honestly, extremely huge, issue. As far as I understand, not only do energy projects have to manage around uncertain interconnection queue timelines, but sometimes the projects are also required to build grid infrastructure as well - so total timelines and costs can be unknown for years. I can see why energy intensive industry consider just building their own connected sustainable power plants.
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