This Norwegian AI scaleup wants to modernise grid maintenance – and now plots global expansion
19 okt. 2025
06:00
Norwegian scale-up eSmart Systems is taking on Europe’s ageing energy grids with AI-driven digital twin technology.
As blackouts expose vulnerabilities, eSmart's CEO tells Impact Loop they are targeting strong revenue growth with a "massive" order book.
As blackouts expose vulnerabilities, eSmart's CEO tells Impact Loop they are targeting strong revenue growth with a "massive" order book.
Europe’s energy grids are facing a crisis. The mass blackouts across Spain and Portugal earlier this year revealed just how fragile the networks are. Around 40% of Europe’s grids are nearly half a decade old, and it’s estimated a trillion euros will be needed to upgrade and replace grids to meet soaring electricity demand.
At the European Parliament’s June plenary session, MEPs voted overwhelmingly to press the Commission to come up with an EU-wide action plan.