The “Everything as a Grid” Perspective

From the Blog

The “Everything as a Grid” Perspective

The way people rely on energy, and what we are powering, is driving a new way of thinking about how we produce, consume, and manage electricity – as well as a greater need for consumer education about available choices.

Expanding access to power is driving an increase in the electrification rate globally. The amount of energy being consumed, and the manner in which we consume it, is changing. This creates demand for additional storage capacity. Microgrids are part of this shift, and Eaton has been designing and deploying them for more than a decade.

The company is educating businesses and homeowners as they become more involved in their electricity consumption. Eaton’s Power Systems Experience Center in Warrendale offers a technical demonstration to help consumers evaluate options, including the opportunity to sell excess energy back to the grid.

The pandemic has highlighted the need for a resilient, reliable grid that reaches people where they are. Creating a more responsive and intelligent management system means building in more grid resiliency while also adding room for more renewable sources in power generation.

The Pittsburgh region is well positioned to take advantage of funding made available through the Infrastructure Investment and Jobs Act to focus on grid issues.

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Region’s Tech Sector Hits Record Highs

Investment in the Pittsburgh region’s tech sector is hitting record highs, according to a new report from Ernst & Young and Innovation Works tracking the growth.

The 10th annual report on Pittsburgh’s technology investment landscape spans 2012 through 2021 and shows $10.5 billion in funding across the decade, two-thirds of which occurred during the past three years. Key findings include:

  • In 2021, 172 unique companies received funding, the highest number in a decade.
  • The second highest number was 171 in 2020.
  • More than 300 firms from around the world invested in Pittsburgh companies during the decade.
  • Combined research budgets in 2021 hit a new high of $1.42 billion.

Big winners in 2021 included Duolingo, Stronghold Digital Mining, Cognition Therapeutics, Montauk Renewable and Aurora Innovation, all of whom went public, raising more than $2.6 billion in the process.

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“Pittsburgh has the perfect blend of a vibrant business community and strong commitment to investing in the city. I’m proud to call it home for both my family, as well as the headquarters for our investment firm Tulco, LLC, which looks to reimagine and reinvigorate industries through the deployment of AI and cutting-edge technology. I’m driven by the innovative work here in Pittsburgh that companies of all sizes are undertaking and look forward to seeing their impact on a global scale.”

Thomas Tull, Founder, Chairman and CEO, Tulco, LLC

Energy Generation Options for Businesses, Homeowners