Nexus Grid is a DNV subsidiary that develops software and monitoring solutions for electric power transmission and distribution networks. The company uses sensors installed directly in underground cables to collect continuous real-time data on cable condition, stress, and thermal performance, replacing traditional age-based asset management with condition-based decision-making.
The platform addresses three primary use cases for utility operators: predictive maintenance to prevent cable failures before they occur, grid renewal optimization to defer capital expenditure on healthy assets while directing investment where needed, and grid capacity optimization to unlock additional transmission capacity from existing infrastructure through real-time thermal monitoring instead of conservative static assumptions. Nexus Grid has 15 years of production data and operates across multiple grid systems worldwide.