Neara Software Ltd
- Sponsor
- Software Provider
- Grid Infrastructures - Electricity
- Digitalisation
- Decarbonisation of Industry
At Neara, we believe digital modeling and AI are key to ensuring that infrastructure availability and resiliency are not blockers for the clean energy transition. Neara is a predictive modeling software platform that allows utilities to take a more proactive approach to reliability and resiliency. Utilities on four continents count on our technology to help them make better, faster decisions based on precise analyses they can run in hours and days instead of months or years in the field or with other software. Specifically, utilities run analyses in their Neara model to figure out the fastest way to bring more clean energy online, better prepare for severe weather and recover faster from it, and design new infrastructure that's built to withstand the challenges of today and tomorrow.
Using a combination of data sources including LiDAR, Neara generates a digital model of entire transmission and distribution systems that utilities use to simulate every scenario they need to be prepared for, from flash floods to high winds and load growth. Once utilities see their vulnerabilities in the simulation analyses, the model then acts as a canvas to test-drive remediation solutions to identify the best path forward before committing funds or breaking ground in the field.
- Bring 2x more clean energy online without waiting for new infrastructure: Neara pinpoints hyper-targeted network configuration tweaks, from installing taller poles to reconductoring, that would allow networks to free up more capacity for clean energy using existing assets.
- Remove outage risks 9x faster: Simulation analyses reveal vulnerabilities such as which poles won't make it through >100 mph winds, where flood waters will come too close to equipment and where vegetation presents wire-down or wildfire risk.
- Restore power 3x faster following severe weather: See exactly where it's safe to restore power when it's not safe to send teams into the field to assess damage.
- Get new transmission design approved 85% faster: Surface key blockers early in the transmission process so you can navigate them more easily and get your plan approved faster.
- Validate investment decisions and secure resources: Need to validate your vegetation budget number? Or demonstrate which poles need replacement? Objectively define needs with demonstrable data regulators and other stakeholders will understand.
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