The New York Power Authority and mPrest, an Israeli software development firm, were awarded a $900,000 grant from the Israel-U.S. Binational Industrial Research and Development Foundation to develop a system that can rapidly detect malfunctioning power transformers before they cause larger problems on the electric grid. NYPA and mPrest will develop software for deployment on the NYPA transmission system, and plan to engage the Electric Power Research Institute for research assistance. The project aims to fill a critical need for continued system reliability a predictive analysis tool that could guide operators to potential trouble spots before they emerge.