Oktogrid, a Danish company, has developed a groundbreaking solution to address the challenges faced by European electricity grids in keeping up with the increasing electrification demand.

As the demand for larger electricity consumption surpasses the capacity of existing grids, electricity shortages have become a recurring issue. Oktogrid's innovative solution allows for the digitalization of transformers without disrupting their operation, enabling cost-effective monitoring of their condition and performance at a larger scale than any other available solution. This breakthrough technology not only extends the lifespan of transformers, reducing the need for costly replacements, but also helps optimize the utilization rate of existing equipment, crucial for grid expansion.

The investment in Oktogrid by ABB, a prominent player in the industry, holds promise for the much-needed upgrade of Europe's aging power grid. Stuart Thompson, president of ABB's Electrification Service Division, expressed confidence in the Oktogrid solution, highlighting its potential to enhance power performance, reliability, and availability. With electrification driving the energy transition, Oktogrid's transformative solution represents a significant step towards ensuring the resilience and capacity of European electricity grids in the face of increasing demands. Collaboration between visionary companies like Oktogrid and established industry leaders like ABB will play a vital role in shaping a robust and efficient grid system for the future.

Source: Oktogrid