SAN RAMON, CA — SEPTEMBER 14, 2023 — Vellex Computing participated in the 2023 PG&E Innovation Pitch Fest, competing in the Supply and Load Management track before PG&E leaders and energy industry partners. The event, held at PG&E's campus in San Ramon, California, brings together startups and technology providers to explore grid modernization and clean energy solutions with PG&E's operational teams.
The Vellex team presented its analog computing technology and its applications to power grid optimization. Its physics-based analog architecture is capable of solving complex grid optimization problems, including real-time optimal power flow and multi-period distribution planning, orders of magnitude faster and at a fraction of the energy cost of conventional digital approaches. For utilities like PG&E, this enables faster scenario modeling across large resource portfolios, more accurate simulation of long-duration storage assets, and improved forecasting of market price dynamics.
The presentation opened direct conversations with PG&E on applications across grid deployment optimization, renewable integration, and supply and load management.
About Vellex Computing Vellex Computing is a Stanford-spinout analog semiconductor company developing ultra-low-power chips for AI training. Powered by a decade of research and backed by the U.S. National Science Foundation and Department of Energy, Vellex's technology delivers AI training at a fraction of the energy cost of GPU-based solutions. Vellex is headquartered in San Francisco, CA.
contact@vellex.ai | vellex.ai
About PG&E
Pacific Gas and Electric Company, incorporated in California in 1905, is one of the largest utility companies in the United States. Based in Oakland, the company is part of PG&E Corporation. Approximately 23,000 employees carry out Pacific Gas and Electric Company's primary business, the transmission and delivery of energy, serving approximately 16 million people throughout a 70,000-square-mile service area in northern and central California. Learn more at pge.com.
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