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Pearl Street Technologies provides software platforms to enhance the transmission grid interconnection processes. Acquired by Enverus in March 2025.
Published March 29, 2023
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Updated March 15, 2025
Power & Utilities
Asset Management & Digitization
Product Overview
Overview
Pearl Street’s software solutions SUGAR™ and Interconnect™ empower grid operators, utilities, project developers, and other stakeholders to overcome the interconnection bottleneck.
Interconnect™ offers developers and other stakeholders certainty throughout the interconnection lifecycle, providing scenario analysis and risk assessment capabilities to improve the chances of deploying new projects. From prospecting potential POIS to evaluating costs for currently queued projects, Interconnect aims to both mitigate and prevent interconnection backlogs.
SUGAR™ helps grid operators and utilities manage increasing interconnection queue volumes by accelerating modeling and simulation studies, with up to 200x reduction in time-consuming study processes.
To date, Pearl Street’s software solutions have been used to model nearly 1,000 renewable generation projects nationwide.
Business Model
Pearl Street offers various pricing models to fit their customers' needs.
Technology Innovations
Pearl Street's core technology SUGAR™ (Suite of Unified Grid Analyses with Renewables) revolutionizes power grid analysis. By leveraging powerful circuit simulation methods developed to study billion-transistor electronic systems, SUGAR™ offers industry-leading convergence robustness for power grid analysis. It is the engine behind Interconnect™ and underlies the ability to expedite some of the more time-consuming aspects of running interconnection studies.
Applications
There is currently a three (3) terawatt backlog of renewable generation projects waiting to connect to the United States power grid. The explosion in queue sizes has increased the average queue study processing time from 1.9 to 3.5 years in the past decade. Furthermore, fewer than 20% of proposed solar and wind projects make it to completion due to interconnection, with rates falling year after year.
To realize a decarbonized grid and a renewable future, interconnection processes must be improved.