What's behind Duke Energy's joint utility investment in software startup

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Duke Energy Corp. and Washington-based Avista Corp. have announced a joint investment in a California startup that is developing open-source software to upgrade electric grid operations. The software being developed by Open Energy Solutions Inc. (OES) is aimed at improving efficiency of the grid and how energy assets communicate with each other. Some of the software is aimed at utility operations, while other parts look at how utilities interact with their customers. None of the parties will discuss...

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