A grid company is a company that owns and operates a transmission network for electrical energy. Grid companies own and are responsible for the electricity distribution grid and for ensuring that the electricity is transported to your house.
Grid companies have a monopoly on the services they provide within their geographical area. It would have been very unprofitable to have grid companies building their own competing power grids. This means that customers cannot switch grid companies, even if they are unhappy with their company’s prices or services. The authorities regulate and monitor the finances of the grid companies.
Cegal and Grid companies
Drawing on our extensive know-how and 15 years of experience of the industry's value chain and the opportunities that lie in adopting new technology, we help to increase the benefits of digitalisation amongst our customers. Cegal works closely with most of the grid companies in Norway, performing tasks such as automation of the billing process and creating added grid value. A structured approach to using AI and ML for forecasting improves predictability as regards impending grid failures and reduces costs relating to quality-adjusted income limits for undelivered energy.