Northeast Utilities, the parent company of electric utility Connecticut Light & Power, has expanded its agreement with a Toronto technology firm to develop ways to made the power grid more reliable.
NU invested $200,000 in Toronto-based Micromem Applied Sensor Technologies to develop ways to improve utility transformer equipment functionality and longevity.
The investment takes the NU-MAST agreement into the third stage of the project, where sensor prototypes will be developed, field-tested, and optimized for NU’s system.
The two companies have been working on ways to improve the reliability of the grid through sensor technology since December 2013.
NU is dually headquartered in Boston and Hartford and will change its name to Eversource Energy on Feb. 2.
