Pearl Street Technologies

About

Pearl Street Technologies is an interconnection solutions company based in Pittsburgh, Pennsylvania. Founded in 2018 as a spin-out from Carnegie Mellon University, the company focuses on developing software to tackle the utility-scale interconnection backlog and support the clean energy transition. Pearl Street Technologies aims to enhance the reliability and sustainability of the power grid through advanced modeling, simulation, and optimization tools. The company offers two main software solutions: SUGAR™ and Interconnect®. SUGAR™ is a power flow engine that significantly accelerates interconnection studies, reducing engineering analysis time by up to 200 times. It includes optimization tools for efficient resource dispatch and cyber attack detection. Interconnect® serves project developers by providing high-quality interconnection data throughout the project lifecycle, aiding in scenario analysis and risk assessment. Pearl Street Technologies has processed over 300 gigawatts of queued projects and has a strong customer base that includes transmission providers, consultants, and developers.