Many variables must be considered when determining battery placement within smart grids, such as connections with neighboring power systems, flexibility in existing generation sources, and the hourly, daily, and seasonal changes in power demands. Multiverse’s quantum algorithm experts will use quantum and quantum-inspired algorithms to solve these computationally complex problems, which classical computers cannot manage.
The two companies will work together for 10 months as part of the Gipuzkoa Quantum Program in the Basque Country of Spain, a quantum computing hub and smart grid innovation center.
In the U.S., Multiverse’s optimization solutions are primed to help solar and wind installations in cities and states make some of the same improvements. Grid batteries are especially helpful with green energy sources as batteries can store energy at peak generation times and store it for use during peak demand.
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