70%
of utility companies running critical infrastructure on systems over 20 years old
Infrastructure built for a centralized, fossil-fuel grid trying to manage a distributed, renewable one. The mismatch is fundamental.
Source: Energy Industry Technology Report
$150B
lost annually due to energy grid inefficiencies and transmission losses
Inefficiency baked into aging infrastructure — measurable, preventable, and addressable with modern grid management technology.
Source: IEA Grid Report
25%
of energy industry data generated by IoT sensors currently going unused in decision-making
Utilities are data-rich and insight-poor. The sensors are there. The systems to act on what they measure are not.
Source: Energy Technology Research, 2024