VIA, a leader in providing energy analytics while maintaining data privacy and security, has been awarded funding from the Swiss Federal Office of Energy (SFOE) for a project called KnowlEDGE. The joint proposal with Lucerne University of Applied Sciences and Arts (HSLU), Romande Energie SA, and a major smart meter manufacturer, was the top ranked amongst submissions that were selected from a lengthy and highly competitive judging process.
“We are proud to have been selected as the top submission by the Swiss Federal Office of Energy. Together with HSLU and Romande Energie, we will enhance VIA’s Trusted Analytics Chain™ (TAC™) capabilities to run AI algorithms directly on smart meters, also known as edge computing,” said Jeremy Taylor, VIA’s Chief Scientific Officer.
The project will be delivered in Switzerland and led by HSLU. Ben Bowler, from HSLU, said, “this project is an exciting opportunity to bring together leading technology and advanced data science in a way that will benefit utilities and clean energy adoption both within Switzerland and globally.”
Through the support of SFOE’s program, the collaborative will develop edge computing capabilities on smart meters. This will enable increased data privacy since data from individual meters will not be centralized.
The project will also increase temporal resolution of data, meaning more data can be analyzed more frequently. Traditional methods only allowed for 15, 30, or 60-minute intervals of smart meter data analysis due to the size of data and privacy concerns. With edge computing, this data can be analyzed every minute. This will allow real-time feedback to consumers on their energy usage and better preventative maintenance (e.g., upgrades to transformers because EVs are readily detected).
VIA helps governments, regulators, and power companies deliver $200Bn in energy every year to more than 100 million customers. VIA’s privacy-preserving analytics software, Trusted Analytics Chain™ (TAC™) reduces the cost and improves the quality of service of electricity transmission and distribution using AI and blockchain technologies. TAC™ (patents pending) is the bridge that securely connects power company data, distributed across many locations, to potential AI solutions. VIA established the Global Data Asset Collaborative™ (GDAC™), built on top of TAC™, to allow multiple companies to securely pool data for more accurate analytics. Headquartered in Somerville, Massachusetts, VIA has received an InnovateMass grant from the Massachusetts Clean Energy Center and has been featured in Wired and Inc. Magazine for its leadership in technology innovation. For more information, please visit www.solvewithvia.com.