Startup aims to transform the power grid with superconducting transmission lines
MIT
· June 26, 2024
· ✓ verified
VEIR, founded by Tim Heidel, is revolutionizing power grids with superconducting transmission lines in Woburn, Massachusetts. The technology can carry 5-10 times more power than conventional lines, crucial for expanding transmission capacity in the U.S. and Europe. VEIR aims to deploy high-capacity lines by 2026 to support renewable energy growth and decarbonization efforts.