The agreement with a Fortune 500 energy company brings Equilibrium’s AI operating system for the power industry, PowerOS™, into enterprise portfolio management operations following a successful proof of concept.
SAN FRANCISCO–(BUSINESS WIRE)–Equilibrium Energy today announced a strategic agreement with a Fortune 500 energy company to deploy PowerOS™ across certain of the company’s portfolio optimization operations following a successful demonstration of the potential of PowerOS. The collaboration marks the first publicly announced deployment of PowerOS™, Equilibrium’s AI-native operating system purpose-built for the power industry.
The agreement with Houston-based NRG Energy, Inc. advances Equilibrium Energy’s platform and furthers NRG’s investment in its enterprise AI enablement strategy.
The power industry is in a period of rapid change, with surging energy demand, increasing grid complexity, and growing market volatility. Keeping the lights on and energy costs affordable in this context requires a new approach.
NRG and Equilibrium are responding by deploying next-generation, AI-enabled capabilities that are purpose built for this dynamic power industry landscape. Equilibrium’s PowerOS™ platform serves to enhance the technical foundation, enhancing the capability of NRG to use its enterprise data, proprietary models, and operational systems in a unified enterprise portfolio. NRG’s team of experts take it from there, navigating the dynamic power landscape.
“NRG is a leader in harnessing innovation on behalf of its customers. We are proud to contribute to NRG’s continued efforts,” said Ryan Hanley, Founder and CEO of Equilibrium Energy. “We look forward to helping the company deliver outsized value while laying a new foundation to support its AI-enabled ambitions.”
The NRG and Equilibrium engagement is live, with the platform already operational and providing useful intelligence and data. NRG and Equilibrium hope to build upon this arrangement with the potential for additional AI-native solutions and capabilities.
“We are always looking to use innovative technologies that can potentially help lower costs for our millions of residential and business customers across the U.S.,” said Shawnie McBride, SVP, Commercial Operations, NRG. “Grid volatility — created by load growth, intermittent generation and extreme weather events — is a reality, and equipping our teams with Equilibrium’s platform is designed to create value for our customers.”
About Equilibrium Energy
Equilibrium Energy is a technology company with solutions “built by Power People, for Power People™.” Equilibrium’s AI-native operating system, PowerOS™, is designed for the unique complexities of the power industry. Equilibrium partners with leading power companies to co-develop next-generation, AI-enabled solutions that empower their experts, accelerate navigation of a quickly changing industry, and provide value in weeks rather than years. Equilibrium’s operating system and solutions are enterprise grade and enterprise tested. Reach out to see how Equilibrium can help unlock significant, compounding value across your enterprise. Together, we can reimagine Power. www.equilibriumenergy.com.
This release contains forward-looking statements within the meaning of federal securities laws, including statements regarding certain expectations, plans, and anticipated benefits of the agreement. Forward-looking statements are subject to risks, uncertainties, and assumptions and can be identified by words such as “expect,” “hope,” “plan,” “anticipate,” “believe,” “will,” “could,” “may,” “designed,” and similar expressions. Actual results may differ materially from those expressed or implied. Neither party undertakes any obligation to update or revise these statements, except as required by law.
Contacts
Gabe Schwartz
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