![]() ![]() With today's investments, NGP has backed a total of 40 startups dedicated to combating climate change across a range of applications, from cybersecurity to customer-focused solutions. Those collaborations not only help National Grid modernize and transform its operations, but also help startups scale their technologies around the globe in months, not years. More than 80% of NGP's portfolio companies are actively engaged with National Grid's business units to test, develop and deploy their technologies across its networks in the U.S. ![]() "We're on a mission to fully decarbonize energy, and National Grid is a fantastic platform to deploy startups at scale to benefit utilities – like those in the Alliance – and ultimately combat climate change." "We launched National Grid Partners four years ago to help us 'look over the hill' and bring new startup technology into National Grid so we can meet the changing needs of our customers," said John Pettigrew, Group CEO of National Grid. When the storm hit New York earlier this year, National Grid customers enrolled in the program received targeted smartphone messages encouraging them to modify usage during peak demand periods via simple steps like postponing a hot shower. Copper's technology provides near-real-time insight into usage without expensive meter upgrades. In addition, portfolio company Copper Labs announced it had teamed with National Grid on a first-of-its-kind program that helped cut customers' natural gas use by 18% to help maintain reliable service during a major winter storm. The New York project is expected to add enough capacity to existing transmission lines to power up to 100,000 homes without additional infrastructure. The sensors, which provide real-time updates on line conditions, boost transmission capacity by more than 30%, reducing power curtailments and allowing twice as much renewable power to reach the grid – without building new utility infrastructure. Under the law, businesses like National Grid must get consumer consent before placing automated phone calls or they run the risk of paying penalties of up to $1,500 per violation.Also at the NGA Summit, portfolio company LineVision announced two new agreements to install Dynamic Line Rating sensors on National Grid transmission lines in western New York and Cumbria, U.K. Plaintiffs in the case claimed the National Grid automatic phone calls violated the TCPA, a federal law that protects consumers from unlawful telemarketing schemes. According to the National Grid class action lawsuit, these calls were made using an automatic dialing system and/or pre-recorded or artificial voice messages. The calls allegedly related to a bill payment, an “important matter” about a National Grid bill, a disconnect notice, and other topics. A class action lawsuit against the utility claimed National Grid placed automatic or prerecorded calls to consumers without their consent. ![]() Unfortunately, these millions of customers may have been victims of TCPA violations by National Grid. The utility reportedly provides electricity, natural gas, and clean energy to over 20 million people in New York, Massachusetts, and Rhode Island. National Grid is one of the largest investor-owned energy companies in America, according to the company’s website. National Grid operates under the following entities: The settlement benefits individuals who received a pre-recorded call or call using an artificial voice from National Grid between March 9, 2011, and Oct. ![]()
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