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Transgrid Launches a $4.7M Fund Dedicated to Energy Solutions

Energy and Utility

Business Honor - Transgrid $4.7M Energy Fund Launch

Business Honor
12 September, 2025

Transgrid launches a $4.7M fund supporting technologies like AI and VPPs in order to build a cleaner and smarter electric system.

The nation's largest power transmission business, Transgrid, has launched a $4.7 million innovative fund to support the advancement of Australia's electric system. The project's main objective is to improve the handling of electricity consumption while making the electrical system less costly, more reliable, and cleaner. The fund, that's available to startups, researchers, innovators, and energy technology businesses, is an element of Transgrid's Demand Management Innovation Allowance (DMIA). Projects that improve the transmission of energy and use through the network and support Australia's transition to renewable energy are currently accepting expressions of interest.

Partnerships are important for solving the complex problems affecting the electricity system, stated Robbie Aherne, General Manager of System Resilience at Transgrid. Virtual power plants (VPPs) and flexible load technologies are a few new concepts that can improve grid performance and reduce consumer costs, he noted. VPPs integrate energy from households and businesses, smart technology can modify or reduce energy consumption, and research into the factors driving electricity demand. The tools that can improve the way electricity moves through the electrical system are a few of the projects that the fund supports.

In collaboration with Transgrid, RACE for 2030, and Monash University, AgenticGrid.ai is one of the first projects to be supported. They are developing a digital twin of some part of the electrical system using AI. To help in improving plan and operational choices, this tool will simulate different scenarios like extreme weather or changing solar energy consumption.

The platform will allow for smarter and sustainable energy solutions, according to Jason Clark, Managing Director of AgenticGrid.ai. The future of cleaner, smarter, and more flexible energy for all Australians is currently shaped by projects like the DMIA, that are creating a basis for a power system that can respond in real time as digital and flexible energy technologies improve.