£600,000 investment brings a boost to Blyth firm ASL

Feb 9 2010 by Peter McCusker, The Journal

SCFLs provide a new way for electricity distributors to manage the problems brought about when faults caused by anything from equipment failure to lightning strikes affect their systems.

By acting as both a superconductor and a resistor as circumstances require, and allowing energy flow in two directions, SCFLs provide network managers with a lower-cost and more flexible way than has traditionally been used to address these faults, thus cutting energy losses and improving network stability.

And they also provide a solution to the need to connect a growing amount of renewable energy generating equipment to the distribution network, thus contributing to the reduction of CO2 emissions.

Yvonne Gale, fund manager at NEL Capital, adds: “ASL has a clear vision of the commercial and environmental impact that its technology can have for its customers.”

Ian Richards, portfolio manager at NorthStar says: “ASL have shown great foresight in identifying an innovative solution to a serious technical problem, and it’s fantastic that a North East firm is leading the way in this very advanced field.”