Two researches at Texas A&M University have developed a diagnostic software for monitoring electrical equipment to prevent outages and even wildfires. Getty Images

The threat of wildfires is on most people's minds as Australia suffers from devastating, uncontrollable fires in its southeastern region. While Australia's fires are alleged to be caused by natural occurrences, some, like the California wildfires of late 2019, are caused by electrical malfunctions and sparks

Engineers at Texas A&M University have found a solution for preventing these electricity-caused wildfires — and the subsequently caused electrical outages — with their diagnostic software called Distribution Fault Anticipation, or DFA. The software can interpret variations in the electrical current on utility circuits — usually caused by issues with the equipment — that can cause outages or spark fires.

A Texas A&M research team — spearheaded by B. Don Russell, professor of electrical and computer engineering, and research professor Carl L. Benner — is behind the DFA software.

The technology has been tested at over a dozen utilities in Texas over the past six years, according to a news release, and now two Californian utility companies — Pacific Gas & Electric and Southern California Edison — will be testing DFA. In 2018, a state law from the California Public Utilities Commission began requiring utilities to submit Wildfire Mitigation Plans, per the release.

Up next: The researchers are preparing to test the software in Australia and New Zealand.

DFA's specific algorithms are based on and refined through 15 years of research. Russell and Benner liken DFA to the diagnostic tools cars use, and, comparatively, the utilities industry is way behind the times.

"Utility systems operate today like my 1950s Chevy," Russell says in the release. "They have some fuses and breakers and things, but they really don't have anything diagnostic. They don't have that computer under the hood telling them what's about to go wrong."

B. Don Russell, professor of electrical and computer engineering, led the research at A&M. Photo via A&M

Normal wear and tear on electrical equipment is inevitable, but it's hard for inspectors to visually see this damage. Until this DFA software, utilities had no choice but to react to failures or outages, rather than put money into prevention. The software allows for these companies to better see what could potentially cause issues. And, now with the ability to factor in dry conditions and weather, the software can even predict potential wildfires.

"Power is being turned off with nothing known to be wrong with a given circuit," Russell says in the release. "Utilities need a crystal ball, something telling them which circuit is going to start a fire tomorrow because it is already unhealthy. We are kind of that crystal ball."

DFA has the potential to prevent outages and devastation caused by wildfires, and it also is a huge economic solution for utilities companies — especially the ones reeling from the recent fires in California.

Pacific Gas & Electric, which is testing nine DFA devices, is the state's largest utility company and recently filed for bankruptcy due to a near $100 billion required from settlements following recent fires. By comparison, a DFA device costs only $15,000, according to the release.

"DFA is a new tool, allowing utilities to transform their operating procedures to find and fix problems before catastrophic failures." Russell says in the release. "Utilities operators need real time situational awareness of the health of their circuits…..DFA does that."

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Houston SaaS startup closes $12M series A funding round with support from local VC

money moves

A Houston startup with a software-as-a-service platform for the energy transition has announced it closed a funding round with participation from a local venture capital.

Molecule closed its $12 million series A, and Houston-based Mercury Fund was among the company's investors. The company has a cloud-based energy trading and risk management solution for the energy industry and supports power, natural gas, crude/refined products, chemicals, agricultural commodities, softs, metals, cryptocurrencies, and more.

"We led the seed round of Molecule upon their formation and are excited to participate in their series A," says Blair Garrou, co-founder and managing director of Mercury, in a news release. "Molecule's success in the ETRM/CTRM industry, especially in relation to electricity and renewables, positions them as the company to beat for the energy transition in the 2020s."

The company will use its new funds to further build out its product as well as introduce offerings to manage renewables credits, according to the release.

"In 2020, we realized that electricity — the growth commodity of the 2020s — represented over half of Molecule's customer base, and we decided to double down," says Sameer Soleja, founder and CEO of Molecule, in the release. "We were also rated the No. 1 SaaS ETRM/CTRM vendor. With this fundraise, we have the fuel to become No. 1 SaaS platform for power and renewables, and then the market leader overall.

"Molecule is ready to power the energy transition," Soleja continues.

Molecule's last round of funding closed in November 2014. The $1.1 million seed round was supported by Mercury Fund and the Houston Angel Network.

Houston-based afterlife planning startup launches new app

there's an app for that

The passing of a loved one is followed with grief — and paperwork. A Houston company that's simplifying the process of afterlife planning and decision making is making things even easier with a new smartphone app.

The Postage, a digital platform meant to ease with affair planning, recently launched a mobile app to make the service more accessible following a particularly deadly year. The United States recorded 3.2 million fatalities — the most deaths in its history, largely due to the coronavirus pandemic.

After losing three family members back-to-back, Emily Cisek dealt first hand with the difficulty of wrapping up a loved one's life. She saw how afterlife planning interrupted her family's grieving and caused deep frustration. Soon, she began to envision a solution to help people have a plan and walk through the process of losing someone.

The Postage, which launched in September, provides a platform for people to plan their affairs and leave behind wishes for loved ones. The website includes document storage and organization, password management, funeral and last wishes planning, and the option to create afterlife messages to posthumously share with loved ones.

"Right now, as it stands ahead of this app, end-of-life planning is really challenging. It's this daunting thing you have to sit down and do at your computer," says Cisek. Not only is it "daunting," but it's time-consuming. According to The Postage, families can expect to spend nearly 500 hours on completing end-of-life details if there is no planning done in advance.

With more than 74 percent of The Postage's web traffic coming from mobile users, an app was a natural progression. In fact, Entrepreneur reports the average person will spend nine years on their mobile device. Cisek wanted to meet users where they are at with a user-friendly app that includes the same features as the desktop website.

"What we wanted to do [with the app] is make it so easy to plan your life and the end of your life using one click — as easy as it was for posting and commenting on social media," explains Cisek. "People are so used to reflecting on those behaviors and clicking one button to add a picture ... we wanted to make it that simple," she continued.

Cisek and her team focused on providing a "seamless experience" within the app, which took approximately four months to build, which mirrors the desktop platform.

Though The Postage's website had mobile functionality, the app includes the ability to record and upload content. Whether snapping a picture of their insurance policy or recording a video to share with loved ones, The Postage app allows users to capture photos and videos directly within the app.

After snapping a picture, "the next step inherently is sharing it with your loved ones," says Cisek. Photos, family recipes and videos can easily be shared securely with loved ones who accept your invitation to The Postage so "that legacy continues on," she says.

Since The Postage's fall launch, the company has grown a steady base of paid subscribers with plans to expand.

"We're really starting to change the way people plan for the future," says Cisek.