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GridON
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Short description

Provider of saturated-core based Fault Current Limiters (FCL) that suppress damaging fault currents on distribution and transmission grids

Founded in 2010
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy networks

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Israel Givatayim, Israel
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Updated by Yoram Valent at GridON on 07/14/2014

Edited by Cleantech Group on 06/10/2021

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Date Company
03/31/2014

Western Power Distribution Western Power Distribution

GridON has signed a contract to supply a 30MVA Fault Current Limiter to Western Power Distribution for use at a primary substation in Birmingham, UK.

Confirmed by Western Power Distribution

Partnerships
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Date Partner Type
06/06/2013
Energy Technologies Institute Energy Technologies Institute
GridON’s breakthrough commercial Fault Current Limiter is installed and in service at a UK Power Networks main substation. The Energy Technologies Institute has procured and funded this £5m development and demonstration project.
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Confirmed by Energy Technologies Institute
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IPO INFORMATION

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Description

Date Investors Type Amount
11/18/2010 General Electric General Electric (1)
Post-money valuation of
GridON was announced a winner of an open innovation challenge, GE Ecomagination.
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Products
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Product image Name Product status Revenue model Cost metrics

Fault Current Limiter

By limiting faults the product enables network meshing and connection of generation and low carbon energy sources on distribution & transmission grids

Wide Commercial Availability Products - Retail
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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