NeuCo, Inc.

NeuCo is the leading provider of asset optimization software solutions that help electric power producers reduce emissions and improve generating unit efficiency, reliability & availability. Our ProcessLink® technology platform combines multiple optimization methods (neural networks, model predictive control, expert systems and first principles) with industrial-scale enterprise software architecture. NeuCo applies theses technologies in hybridized ways to create applications that help solve critical, inter-related power generation challenges. Our closed-loop boiler optimization solutions streamline the combustion and boiler cleaning processes to reduce NOx and GHG emissions; reduce sootblowing-related tube ruptures; improve boiler efficiency, steam temperatures and sprays; and reduce SCR reagent consumption. Its predictive maintenance and unit performance solutions detect and help determine the cause, criticality and remediation of equipment health, heat loss and capacity issues.

Company details

12 Post Office Square, 4th Floor , Boston , Massachusetts 02109 USA

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Business Type:
Software vendor
Industry Type:
Energy - Energy Utilities
Market Focus:
Globally (various continents)
Year Founded:

NeuCo, Inc. was formed in 1997 by entrepreneur and technologist Curt Lefebvre and Boston-based Charles River Associates with the goal of bringing advanced artificial intelligence software solutions to bear on the power industry’s mounting emissions and competitive market pressures. Today, NeuCo is recognized as the leading provider of real-time asset optimization solutions that improve electric power plants’ emissions, efficiency and availability profiles.

In 2006, NeuCo acquired Pegasus Technologies, an early optimization visionary that has been providing boiler optimization solutions to the electric power industry for more than 20 years. The combined entity is the industry’s only dedicated optimization software solutions company with the most experienced team of optimization experts, the largest worldwide customer base, and the most advanced optimization technology solutions and platform. We own 100% of our intellectual property and hold more than 170 patents in power optimization.

NeuCo is not only committed to the success of our customers today; we are also committed to developing tomorrow’s optimization solutions. NeuCo, in partnership with the US Department of Energy, has invested approximately $35 million in two development & demonstration projects through the Clean Coal Power Initiative (CCPI) program. The result is the most advanced and comprehensive suite of integrated optimization solutions that address the power industry’s most critical asset optimization needs.