Iberdrola and Multiverse Computing Launch Groundbreaking Battery Optimisation Pilot in Northern Spain
In an exciting collaboration, Iberdrola and Multiverse Computing have successfully delivered a pioneering pilot project in northern Spain aimed at optimizing the installation of grid-scale batteries. This initiative marks a significant leap forward in ensuring grid stability as renewable energy sources continue to proliferate.
Harnessing the Power of Quantum Computing
As the energy landscape evolves with the integration of renewable generation, electric vehicles, heat pumps, and other distributed energy resources, battery storage has become crucial for maintaining grid stability. Multiverse Computing’s cutting-edge solution leverages quantum and quantum-inspired algorithms to determine the optimal number, type, and locations of batteries within the grid network. This innovative approach not only reduces costs but also enhances network performance.
Pilot Project Highlights
Overseen by i-DE, Iberdrola’s distribution company in Spain, the pilot project focused on the electricity grid in Guipuzkoa, a region in the Basque Country. During the ten-month trial, quantum and quantum-inspired algorithms consistently matched or outperformed classical benchmarks, maximizing grid reliability and voltage control.
A Hub of Innovation
This project is part of Iberdrola’s Global Smart Grids Innovation Hub and the Gipuzkoa Quantum Program. The collaboration showcases how advanced technology can drive significant improvements in grid management and energy distribution.
Key Insights from Industry Leaders
“With the power of quantum computing, private and public institutions can meet sustainability goals while saving on both fixed and variable costs,” said Enrique Lizaso Olmos, CEO of Multiverse Computing. “We are proud to support the development of more reliable and economical green energy in Spain alongside a world-leading clean energy provider like Iberdrola.”
Estibaliz Goni, Process and Technology Director at i-DE, expressed optimism about the project’s future potential: “The results of this pilot project are encouraging, and we will continue exploring the deployment of this technology. There are many challenges to overcome to ensure we have the smart and robust grids required to deliver the energy transition, and innovations like this will help us get there.”
The Future of Smart Grids
The successful implementation of this pilot project signals a promising future for smart grids and renewable energy in Spain. By harnessing the capabilities of quantum computing, Iberdrola and Multiverse Computing are setting a new standard for efficiency and sustainability in the energy sector.
Stay tuned as Iberdrola and Multiverse Computing continue to lead the charge in the energy transition, paving the way for a greener and more resilient future.
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Credit:[Image: Adobestock]