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Green Technology Leader Urges New Vision for Smart Grid
Optimal Technologies Releases Recommended Course of Action for Obama Administration, Congress, State Leaders
Release: December 23, 2008
RALEIGH, NORTH CAROLINA, December 23, 2008 — Optimal Technologies International, Inc., the leading developer of technologies to optimize power grid systems is urging the incoming presidential administration to take the necessary steps to bring about a truly smart grid, establishing a legacy that will ensure safety, security, and a green, clean future.
Optimal Technologies Helps Drive Global Energy Commitment at the 2008 Clinton Global Initiative
Smart Grid leaders joins the joint US-China Cooperation on Clean Energy (JUCCCE) to bring international expertise to global climate challenges
Release: October 2, 2008
RALEIGH, NORTH CAROLINA, October 2, 2008 — Optimal Technologies™, the leading developer of technologies to optimize power grid systems and advanced building automation platforms, has announced its participation at the 2008 Clinton Global Initiative (CGI) held last week in order to pledge its commitment to a global smart grid.
The Power Grid Five Years Later: What's Changed Since the 2003 Blackout?
Green Energy Company Optimal Technologies Releases List of the Top Ten Changes Needed to Prevent and Eliminate Blackouts
Release: August 14, 2008
RALEIGH, NORTH CAROLINA, August 14, 2008 — Five years ago, on August 14, 2003, the worst blackout in North American history swept across the Northeast. Fifty million people in eight U.S. states and Ontario, Canada were left in the dark, some for as long as four days. Flights were cancelled, stranding travelers. Hospitals filled with heat-sick patients, some of whom died before paramedics could reach them. The estimated financial cost of this entirely preventable disaster: $4 to $10 billion.
Revolutionary Power Grid Optimization Platform Targets Energy System Challenges and Inefficiencies
Optimal Technologies Gives the Grid a Brain: Makes Power Grid Smarter, More Reliable and Environmentally Responsible with Official Release of its AEMPFAST™ Platform
Release: May 20, 2008
RALEIGH, NORTH CAROLINA, May 20, 2008 — Optimal Technologies International Inc., the leading developer of technologies to optimize power grid systems and advanced building automation platforms, today announced the commercial release of AEMPFAST, an analytical, planning and operational platform that provides unprecedented visibility over an entire utility network to maximize power generation, transmission and distribution. AEMPFAST has the potential to completely eradicate blackouts, significantly reduce costs for energy producers and end-users, create more reliable and efficient power, and lower greenhouse gas emissions.
Mayor Meeker & Business Leaders to Welcome Clean Energy Innovator Optimal Technologies to Raleigh, North Carolina
Developer of "Smart Grid" Technologies Hosting Office Opening Event for Local Government Officials and Business Leaders
Release: May 12, 2008
RALEIGH, NORTH CAROLINA, May 12, 2008 — Optimal Technologies International, Inc., a leading developer of technologies to optimize power grid systems and advanced building automation platforms, today announced it is holding a grand opening celebration for its new national headquarters in Raleigh.
Optimal Technologies CEO to Present at 2008 IEEE Event
Former California EPA Secretary Brings Deep Regulatory Experience to the Company as It Seeks to Make Power Delivery More Efficient
Release: April 17, 2008
RALEIGH, NORTH CAROLINA, April 17, 2008 — Optimal Technologies International, Inc., a leading developer of technologies to optimize power grid systems and complete building automation platforms, today announced that its CEO Roland Schoettle is speaking at the annual 2008 IEEE PES in Chicago, Illinois on Thursday, April 24.
Optimal Technologies Names Winston Hickox to Board of Directors
Former California EPA Secretary Brings Deep Regulatory Experience to the Company as It Seeks to Make Power Delivery More Efficient
Release: December 19, 2007
RALEIGH, NORTH CAROLINA, December 19, 2007 — Optimal Technologies International Inc. today announced that Winston Hickox, an industry veteran with unparalleled experience in environmental policy and regulation, has joined its Board of Directors.
Optimal Technologies Opens U.S. Headquarters in Research Triangle Park, North Carolina
Green Technology Company Plans to Create 325 New, Local Jobs Over Three Years; Grants Awarded by State, City Governments
Release: December 10, 2007
RALEIGH, NORTH CAROLINA, December 10, 2007 — Optimal Technologies International, a leading developer of technologies to optimize power grid systems and creator of complete building automation platforms, today announced the opening of its new main North American location in the City of Raleigh, North Carolina.
Goldman Sachs Makes $25M Commitment to Green Energy Company Optimal Technologies
Series B financing will enable Optimal to complete solutions that drive efficiencies throughout power systems
Release: October 30, 2007
LONDON, ENGLAND and SAN FRANCISCO, CALIFORNIA, October 30, 2007 — Optimal Technologies International Inc. today announces that it has secured $25 million in financing from Goldman Sachs International to accelerate its growth and expand its market presence...
Optimal Technologies Receives "Technology Green 15" Award as the 2007 Deloitte Technology Fast 50 Launches This New Awards Category
Canadas most prestigious technology award program celebrates a decade of Canadian technology with a new award honoring a burgeoning industry
Release: September 20, 2007
CALGARY, CANADA, September 20, 2007 — Optimal Technologies is an inaugural winner of the prestigious Deloitte Technology Green 15 Award, a new award that salutes companies creating major breakthroughs in the field of green technology...“Companies such as Optimal Technologies are creating technology solutions that demonstrate both a significant beneficial environmental impact and a compelling return on investment..."
PRESS RELEASE ARCHIVES
Optimal Technologies Nominated for 2003 World Technology Award
Leader in Electric Power System Optimization and Management Nominated For International Environmental Award
Release: June 12, 2003
London, San Francisco, 12 June, 2003 - The World Technology Network (WTN) announced today that Optimal Technologies International Inc. has been selected as a corporate nominee for this year's World Technology Award for Environment, being presented in association with NASDAQ, Accenture, TIME magazine, Technology Review magazine, and Science magazine...
Clean Edge "Clean Energy Trends 2003" Report Profiles Optimal Technologies: Optimizing the Grid
“...But what if we could make the existing grid work so much more efficiently that it could reduce the need for additional power plants or costly redundant systems designed to work "just in case" of peak demand? That's the vision of a growing corps of researchers and companies working on grid optimization, a term that describes a wide range of technologies that help utilities and energy users to better understand and analyze exactly what's going on in a complex energy system on a real-time basis, then makes changes to optimize the system for maximum cost-effectiveness...
The benefits are potentially enormous. PNNL calculates that if optimization technologies can defer about 55 gigawatts of electricity by 2020 -- just 5% of the total forecasted grid capacity -- it would yield present value savings of more than $45 billion. A modest 25% reduction in electricity outages could yield another $15 billion in benefits
Read the whole Clean Edge report, including Optimal Technologies' profile (page 16), "Clean Energy Trends 2003"
Read the entire report (see page 16)
First-Of-Its-Kind Power Project Fires Up in Silicon Valley
Funded By California Energy Commission To Assess Feasibility of Distributed Energy Resource Strategies
Release: October 2, 2002
Optimal Technologies International Inc. announced the official kickoff of a distributed energy resource (DER) strategic planning project in Silicon Valley that will utilize its unique technology. “This project, the first of its kind in the world, will showcase Optimal's breakthrough power grid optimization technology, called AEMPFAST... For the first time since Thomas Edison introduced the idea of an interactive power grid, it is now possible to truly understand how it can be achieved because of the new capabilities AEMPFAST provides...”
Innovative Technologies Can Improve National Security
"Optimal Technologies software able to make nation's power grid more secure"
Release: December 17, 2001
Optimal Technologies announced this week the ability to improve national security with breakthrough electric power system technologies. If one part of a power grid were to fail due to intentional disruption -- or accident, operating error, or natural disaster -- Optimal's tools could allow multiple responses to avoid grid collapse, including automated recontrolling of key connections, rerouting of power flows, and precise management of loads...
Blackouts Would Have Been Avoided During Power Crisis If New Network Optimization Technologies Used
Optimal Technologies (USA) Inc. announces dramatic results of technology evaluation contract with California and National Energy Lab
Release: October 30, 2001
Optimal Technologies, developer of software and hardware to improve the analysis, management, design, and operation of electric power systems and complex networks, today announced contract results of its new AEMPFAST ("Aim-Fast") software that can prevent blackouts by improving system efficiency and reliability...
Optimal Technologies Signs with California to Help Solve Power Crisis
"Optimized Grid Could Save State Billions."
Release: June 11, 2001
Optimal Technologies (USA) Inc. this week announced that it has entered into a contract with the state of California to help solve the power crisis...
Optimal Technologies Annouces New Break-Through Mathmatical Optimization Method Fixes Power/Network Problems Release: August 16, 2000
Optimal Technologies International Inc., a start-up company on its way to becoming the world leader in network optimization, today announced a proprietary, breakthrough method called "QUIXFLOW"... |