Introspective Systems will join 12 small clean energy businesses to meet with lawmakers in Washington D.C. regarding federal funding for clean energy research
WASHINGTON, D.C. – Representatives from Introspective Systems are thrilled to have been selected by the Clean Energy Business Network (CEBN)—a group of 3,000+ business leaders in all 50 states working in every part of the clean energy economy—to participate in select meetings with members of Congress on March 12 and 13. The meetings will discuss the need to protect and grow federal funding for the Department of Energy and clean energy innovation overall. CEBN will host 12 small businesses with footprints across 25+ states to showcase their work on Capitol Hill. Small business owners will have the chance to meet representatives from the public and private sector, discuss how their companies have developed and commercialized innovative energy technologies through partnerships with the Department of Energy, Advanced Research Projects Agency-Energy (ARPA-E), and the National Laboratories. This is all in an effort to further the discussion on readily-available and emerging solutions to combat climate change, advance clean energy investment, and power America’s economy.
“I am most looking forward to sitting down with federal legislators and my fellow small business owners to discuss the opportunities provided by federal clean energy funding. Not only for me as a small business owner but in the 10 employees and 3 contractor jobs that Introspective Systems has been able to bring to Maine,” said Kay Aikin CEO of Introspective Systems. “We are proud to be among those leading the way in fostering a new era of clean energy technology. It is the work being done today in small business, national research labs, and our universities that will sustain American leadership in the energy sector.”
Introspective Systems helps enterprises manage complex systems. In the energy sector, the company develops distributed grid management software. One of the company’s DOE grants was for a project to help small electric grids reallocate resources based on price triggers. Additionally, the company received a DOE grant to assist in monitoring and managing enhanced geothermal systems (EGS). The firm is currently developing an advanced microgrid solution for all microgrid phases design, optimization, and deployment. When complete, this solution will enable parts of the electric grid to break away from the broader grid at any level to create independent islands, improving security and reliability while limiting chain-reaction outages. The solution will also accommodate multiple distributed energy resources, effortlessly blending traditional and renewable loads and enabling customers to take advantage of cost savings from real-time pricing that conserves resources and rewards efficient energy use. The company has been awarded over$3.5 million in DOE and other government funding.
Support from the U.S. Department of Energy, Advanced Research Projects Agency-Energy (ARPA-E) and National Laboratories are critical to advancing energy innovation. Federal investments in these programs help support the work of small businesses and startups that are focused on commercializing high-risk, high-reward clean energy technologies. These public-sector investments also help leverage private funding to expedite the commercialization of clean energy technology by breaking down barriers and helping bring cleaner products to the market sooner. As an example, ARPA-E has provided approximately $1.8 billion in R&D funding for more than 660 transformational energy technology projects since 2009, which have so far leveraged more than $2.6 billion in private-sector follow-on funding. The President’s budget request for the fiscal year 2020 proposes an 11 percent cut to the Department of Energy and elimination of ARPA-E; however, Congress has the ability to reject these cuts and continue funding and growing these critical programs.
“We are proud of our network of small businesses and the impact they bring not only to the energy industry but to their local economies as well. They are at the forefront of both innovation and education of what clean energy looks like in their communities. We hope that members of Congress realize the benefit that these small businesses provide to their states and districts,” said Lynn Abramson, President of the Clean Energy Business Network. “Across our country, we need increased collaboration between our private and public sectors to overcome the energy and environmental challenges our country faces.”
During their time in D.C., selected members of the Clean Energy Business Network will discuss with lawmakers the critical technological and environmental challenges facing the U.S. energy industry, and the corresponding importance of continued investment in innovating and deploying the next generation of clean energy solutions. The CEBN and its guests bring unique perspectives from their communities, offering members of Congress a clear lens into in the impact of policies and programs to advance the clean energy economy.
The Clean Energy Business Network (CEBN) works to advance the clean energy economy through policy, public education, and business support for small and medium-sized energy companies. Started in 2009 by The Pew Charitable Trusts, the CEBN is now a small business division of the Business Council for Sustainable Energy. The CEBN represents 3,000+ business leaders across all 50 U.S. states working with a broad range of clean energy and transportation technologies.
Introspective Systems is the developer of xGraph, a breakthrough software platform that enables developers to build systems, optimize their entire environment of distributed systems, and deploy seamlessly. Designed for complex software ecosystems, xGraph combines edge computing with distributed analytics to speed processing time, enabling companies to scale, adapt to change, and manage large volumes of disparate data efficiently and securely. xGraph is AI-enabled for systems that require autonomous and collaborative decision-making. Companies use xGraph to meet the challenges of complexity in environments including healthcare, IoT, energy, and science. Learn more at IntrospectiveSystems.com