Core Insights - NextNRG, Inc. is highlighted in Forbes for addressing the overlooked risks in the global food system related to the energy burden of cold storage and temperature-controlled operations [1][2] - The article emphasizes the convergence of energy volatility, grid reliability concerns, and sustainability pressures, which challenge the resilience of the food supply chain [1][2] Industry Overview - The food infrastructure is increasingly exposed to demand charges, unpredictable power costs, and operational risks from outages, impacting inventory integrity, food safety, and the economics of perishable goods [2] - NextNRG is positioned to provide facility-level solutions that integrate on-site generation, advanced energy storage, and intelligent energy management to stabilize costs and protect critical assets [2] Company Positioning - CEO Michael D. Farkas states that reliable power is essential for cold storage and temperature-controlled facilities, which face rising energy costs and pressure to maintain resilience [3] - NextNRG's technology aims to reduce exposure to energy volatility, enhance reliability, and support long-term sustainability goals [3] - The company is experiencing increased demand for integrated systems that combine generation, storage, and AI-driven controls from various customers, including cold storage operators and distribution hubs [3] Technological Solutions - NextNRG's platform is designed for high-demand, mission-critical facilities, delivering measurable outcomes such as lower electricity costs, reduced peak demand exposure, enhanced outage resilience, and decreased reliance on carbon-intensive backup generators [3] - The company integrates AI and machine learning into utility infrastructure, battery storage, and renewable energy to create a unified platform for modern energy management [5][6]
Forbes Highlights NextNRG's Technology as a Capable Solution to the Food System's Growing Energy Challenge
Globenewswire·2025-12-16 14:00