Iberdrola, a leading clean energy company, and Multiverse Computing, a quantum computing solutions provider, have successfully completed a pilot project in northern Spain to optimize the installation of grid-scale batteries. The project, overseen by Iberdrola’s distribution company i-DE, utilized quantum and quantum-inspired algorithms to determine the optimal number, type, and locations of batteries on the electricity grid in Guipuzkoa. Over a ten month pilot period, the both quantum annealing and quantum-inspired algorithms improved grid reliability and voltage control while reducing costs compared to classical benchmarks.
As electricity grids integrate more renewable generation, electric vehicles, and other distributed energy resources, battery storage becomes crucial for grid stability. The pilot demonstrated that Multiverse Computing’s quantum algorithms could match or outperform traditional methods in enhancing grid performance. This project is part of Iberdrola’s Global Smart Grids Innovation Hub and the Gipuzkoa Quantum Program, which aim to drive innovation and efficiency in smart grid management.
Enrique Lizaso Olmos, CEO of Multiverse Computing, emphasized the potential of quantum computing to meet sustainability goals while reducing costs. Estibaliz Goñi, Process and Technology Director of i-DE, highlighted the encouraging results and the ongoing exploration of this technology to ensure robust and smart grids for the energy transition.
The pilot underscores the importance of quantum computing in the energy sector, particularly in optimizing infrastructure for increased renewable energy integration. With reports indicating the need for significant grid expansion and refurbishment to meet climate goals, innovations like this project are essential for achieving a sustainable and efficient energy future.
A news release has been posted on the Multiverse website here and a video about the project can be seen here.
July 11, 2024