NEWSWIRETODAY Press Release& Newswire Distribution | HOME
PRTODAY / NewswireToday press release distribution service network
Agency / Source: Tantalus Systems Corp.

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Tantalus Launches TRUGrid™ Transformer to Accelerate Grid Modernization - Multiple utilities harness the power of data through AI-enabled analytics to optimize grid performance and extend the life of transformers -
Tantalus Launches TRUGrid™ Transformer to Accelerate Grid Modernization


NewswireTODAY - /newswire/ - Burnaby, British Columbia, Canada, 2024/02/07 - Multiple utilities harness the power of data through AI-enabled analytics to optimize grid performance and extend the life of transformers - TSX: GRID

Your Banner Ad Here instead - Showing along with ALL Articles covering Energy / Hydrogen Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


Tantalus Systems (“Tantalus” or the “Company”), a smart grid technology company focused on helping utilities harness the power of data, today announced the commercial launch of its data analytics capability, TRUGrid™ Transformer, which is actively being deployed by a growing number of utilities across North America. TRUGrid Transformer is an expansion of Tantalus’ TRUGrid Automation suite of AI-enabled data analytics. This offering enables utilities to access, analyze and visualize up to 36 months of data from transformers across the grid to not only detect voltage issues, such as sags and swells, but also to identify anomalies in real time from changing weather patterns and evolving consumer behavior.

By harnessing this level of data, TRUGrid Transformer empowers utilities to constantly monitor, anticipate and prioritize transformer issues and sizing as consumers install an electric vehicle (EV) charger at their home or otherwise change their consumption of electricity. TRUGrid’s data analytics capability also allows utilities to react intelligently and rapidly to events that threaten the stability of the grid. The benefits include preventing or mitigating catastrophic outages, tracking loading on transformers and navigating crippling supply chain constraints that have led to extended lead times for new transformers.

Transformer management through data analytics is increasingly in demand as utilities are facing a massive shortage and extended lead times for these critical infrastructure assets. According to research firm Wood Mackenzie, average wait times for new transformers have increased from 115 weeks in 2021 to 130 weeks in 2023. In response, several utilities are leveraging TRUGrid Transformer analytics to accelerate grid modernization and mitigate the risks of not having enough transformers available to operate their grids prudently and effectively.

“When transformers go down, utilities face outages, safety issues, costs and negatively impact their customers. Unfortunately, transformer failures are a question of when not if these costly disruptions will impact operations,” said Peter Londa, President and CEO of Tantalus. “Our TRUGrid Transformer analytics solution delivers the visibility, command and control utilities need to get ahead of this issue and avoid running these critical assets right up to or beyond a point of failure. This capability is yet one more example of how Tantalus is helping utilities modernize their distribution grids by harnessing the power of data.”

As an integral part of the Tantalus Grid Modernization Platform™ (TGMP™), TRUGrid Transformer’s intuitive map visualization allows utilities to select and view individual transformers, identifying the at-risk units likely to cause a problem. In addition, deep diagnostic tools show how much a transformer is being loaded and when it absolutely must be replaced with a new unit that is properly sized. This information allows utilities to avoid the costs, disruptions in service and safety issues associated with transformer failures. Additionally, utilities can proactively plan how best to manage and upgrade their assets.

“Tantalus’ TRUGrid Transformer solution helped us identify multiple residential and commercial accounts that had incorrect PT and/or CT multipliers,” stated Bryan Smith, Technical Services Supervisor at NineStar Connect. “By correcting these issues, we were able to recover a significant amount of lost revenue as well as put processes in place to ensure this does not happen again. Essentially, TRUGrid Transformer paid for itself in a very short period of time.”

The TRUGrid Transformer solution is suited for the growing number of utilities that are seeking to use data analytics to improve their grid reliability and resiliency. Tantalus is offering TRUGrid Transformer as a Software-as-a-Service (SaaS) subscription to investor-owned utilities, public power utilities and electric cooperative utilities across the United States, Canada and the Caribbean basin.

About Tantalus Systems Holding, Inc.

Tantalus ( is a smart grid technology company that transforms aging one-way grids into future-proofed multi-directional grids that improve the efficiency, reliability and sustainability of utilities and the communities they serve. Our solutions are purpose-built to allow utilities to restore power quickly after major disruptions, adapt to rapidly shifting consumer expectations and population shifts, innovate new solutions based on the adoption of distributed energy resources and evolve their grid infrastructure at their own pace without needless cost or complexity. All this gives our user community the flexibility they need to get the most value from existing infrastructure investments while planning for future requirements.

Forward-Looking Information
This news release includes information, statements, beliefs and opinions which are forward-looking, and which reflect current estimates, expectations and projections about future events, including, but not limited to, the adoption, functionality and effectiveness of TRUGrid Automation, TRUGrid Transformer and TGMP, the increasing challenges in acquiring power transformers, the risks of transformer failure, the increasing need for solutions targeting transformer management and other statements that contain words such as “believe,” “expect,” “project,” “should,” “seek,” “anticipate,” “will,” “intend,” “positioned,” “risk,” “plan,” “may,” “estimate” or, in each case, their negative and words of similar meaning. By its nature, forward-looking information involves a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking information. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Readers should not place undue reliance on forward-looking information, which is based on the information available as of the date of this news release and Tantalus disclaims any intention or obligation to update or revise any forward-looking information contained in this new release, whether as a result of new information, future events or otherwise, unless required by applicable law. The forward-looking information included in this new release is expressly qualified in its entirety by this cautionary statement.

Your Banner Ad Here instead - Showing along with ALL Articles covering Energy / Hydrogen Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


Agency / Source: Tantalus Systems Corp.


Availability: All Regions (Including Int'l)


Traffic Booster: [/] Quick NewswireToday Visibility Checker


Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

# # #
  Your Banner Ad showing on ALL
Energy / Hydrogen articles,
CATCH Visitors via Your Competitors Announcements!

Tantalus Launches TRUGrid™ Transformer to Accelerate Grid Modernization

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
TRUGrid™ Transformer | Tantalus Systems
Contact: Jacquie Hudson - 
613-552-4244 jhudson[.]
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Tantalus Systems Corp. securities in any jurisdiction including any other companies listed or named in this release.

Energy / Hydrogen via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Read Latest Articles From Tantalus Systems Corp. / Company Profile

Read Energy / Hydrogen Most Recent Related Newswires:

Bekaert to Provide Mooring Solution Analysis on World’s Largest Offshore Floating Solar Power Plant
Bekaert Joins TAILWIND Project to Develop Floating Offshore Wind Mooring Solutions
Voith Founds Company for Hydrogen Storage Systems
Infineon and HD Korea Shipbuilding & Offshore Engineering Jointly Develop Ship Electrification Technology
Bekaert and Edison Next Sign A Twelve-year On-site Solar Power Purchase Agreement (PPA) At the Bekaert Plant in Sardinia (Italy)
Toshiba Receives Order for Power Generation Equipment for Renovation of Geothermal Power Plant in Kenya
ABB Signs Agreement to Support Major Power-to-X Green Hydrogen Project in the US
Bekaert and Toshiba Sign A Partnership Agreement on MEA Technology for PEM Electrolyzers to Accelerate the Advance Towards Green Hydrogen Production A
Tractebel Supports Thorizon on Molten Salt Reactor Development
Former Thermal Power Plant to be Replaced by Cutting-edge Emissions Reduction Gas Facility to Power One Million Homes in Belgium
ABB to Acquire SEAM Group to Expand Electrification Service Offering
Yokogawa Provides Remote Operation/Monitoring System and Video Monitoring Solution for Japan's Largest Wind Farm
TDK Ventures Invests in Singapore-based Startup Amperesand to Empower Global Electrification through Solid State Transformers
ABB to Support New H2 Green Steel Plant in Sweden with Around 1,200 Energy-efficient Drives
ANDRITZ to Supply Equipment for Major Pumped Storage Project in Greece

Boost Your Social Network
& Crowdfunding Campaigns

NewswireToday Celebrates 10 Years in Business


Visit  Limelon Advertising, Co.


  ©2005-2024 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (