How we got here.
Two decades turning probabilistic risk analysis from a master thesis into real-time grid operation — across Norway, Iceland and the UK. The work behind the framework didn't start with a white paper. It started in 2001.
- 2004Troll Power founded
- 2010Goodtech acquires
- 2016Promaps Technology founded
- 2021Vysus Group
- 2023Independent
- 2025RGI Grid Award ★
- GoalReal-time risk, Europe-wide
A new reliability method
A user need defined at BKK Nett became a master thesis at NTNU on the reliability of protection and control equipment. The Markov–Kronecker method behind it was later included in System Reliability Theory (Rausand), taught at universities worldwide.
From study tool to control room
A multi-year Statnett R&D programme took the method online. By the mid-2010s, Promaps Realtime was running in live system operation at TSOs and DSOs across Norway and Iceland — computing risk continuously, not just in retrospect.
Why this is not theoretical
The Møre blackout showed the risk signal climbing for 19 hours before the fault. With the probabilistic framework in the control room, that trajectory would have triggered reserve alerts and preventive switching long before the cascade. The cost was real. So was the warning.
Furthermore, the risk and reliability capabilities provided snapshot analysis for maintenance- and preparedness planning. In total the reliability and risk assessment capability has a combined operational run-time of over 20 years (through several TSOs and DSOs in Norway and Iceland). Operational implementations of probabilistic risk assessment in Nordic systems have demonstrated the ability to identify elevated system risk several hours ahead of disturbances, providing operators with actionable decision support.
From practice to policy
Two decades of deployment now meet the IEA's Electricity 2026 finding: a thousand-plus gigawatts unlockable on existing infrastructure — if the decision framework exists. Recognised by the 2025 RGI Grid Award, the method is now the basis of this published white-paper series.
Real-time risk on the large grids
The ambition is to take what has been proven on national systems and deploy it in real time across Europe's interconnected grid and other large power systems — so every operator can see, rank and act on risk continuously, and safely unlock the capacity the transition needs.
The graph above highlights the milestones. The full record — every deployment, R&D programme and key moment behind the methodology — is below.