1. Home
  2. Investments
  3. EA Technology

Enabling the energy transition through a smarter grid

EA Technology at a glance

EA Technology is a leading solutions provider for monitoring and management of electrical grids and assets. The company’s industry-leading product suite comprising hardware, software and services promotes the development of decarbonized, resilient, accessible, low-cost energy networks globally.

EA Technology originated in 1966 as a ground-breaking research and development organisation serving the UK electricity industry and today serves a global customer base across five regional offices in the UK, US, Australia, Singapore, and China.

Year acquired
2024
Revenue
EUR 56m
Fiscal Year ending March ’24
Location
Chester, UK
Employees
302
Investment theme
Energy Transition
SDG alignment

7, 9

The challenges we face:

  • 1.6TW

    of EU renewable electricity ­projects in grid connection queues
  • 5-8%

    average annual energy supply loss across UK distribution networks due to outages/interruptions, distribution losses, demand variability and renewable intermittency

How does EA help?

  • Reality today

    Electricity demand is set to double by 2050 and supply infrastructure to structurally change driven by electrification. The phasing in of solar, wind, electric vehicles and heat pumps are integral to drive reduced emissions and will have implications on energy infrastructure and electrical grids.

  • EA Technology approach

    EA Technology’s solutions enable electrification and renewable power connectivity by improving the availability, reliability, and cost of operating grids through real-time network visibility, pre-fault detection, and predictive maintenance.

  • Aspirational future

    EA Technology’s mission is to promote the global development of resilient, accessible, low-cost energy networks capable of supporting a decarbonized energy system.

  • Who is impacted?

    EA Technology supports network operators and large C&I customers to safeguard power networks, benefiting end customers, asset owners, communities, and the environment by increasing grid resilience, avoiding outages, and optimizing asset performance and lifespan.

  • Contribution

    EA Technology enables electricity grid operators to modernize their infrastructure to support an electrified, renewables-based system. EA Technology’s tools enable faster adoption of renewable energy sources, lower frequency of network interruptions/failures and decreased capital expenses and operational costs.

  • Risks to impact

    Given the mission-critical nature of EA Technology’s products, any operational issues could have localized adverse impact on the status and reliability of electricity grids.

KPI reporting

Additional capacity available from existing infrastructure

Target 2027: 9,800,000

2024
4,900,000
2023
0N/A
2022
0N/A

EA Technology’s solution provides detailed data on network quality and capacity, enabling grid operators to get more out of existing assets, increasing their ability to deliver cost-effective decarbonization.

Reduced power outage time for consumers (minutes)

Target 2027: 30,630,000

2024
12,450,000
2023
0N/A
2022
0N/A

EA Technology devices automate power restoration, shortening outages and ensuring a reliable grid. This is crucial as corporates, heavy industry and households increasingly rely on electricity for energy consumption, heating and cooling as well as transport.

Homes and businesses covered by VisNet Connect

Target 2027: 35,000,000

2024
24,700,000
2023
0N/A
2022
0N/A

Number of homes and businesses served by DNOs1 using VisNet Connect. The software helps accelerate grid decarbonization by automating new grid connection requests for low carbon technology.