Aspen Technology Helps Advance TenneT’s Energy Transition
February 21 2024 - 8:00AM
Business Wire
Collaboration and Innovative Digital
Technologies Key to Integrating Renewable Energy and Achieving
Sustainable Growth
Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in
industrial software, today announced a strategic technology
milestone with TenneT, a leading transmission system operator in
Europe providing electricity to 43 million homes and businesses.
TenneT recently completed implementation of its new Power
Management System (PMS) which was developed using AspenTech OSI
digital grid management solutions. The new PMS is an important step
in TenneT’s energy transition strategy to integrate more energy
from renewable sources into its grid and is critical to its
evolution to an intelligent power grid that can be monitored and
controlled in real-time to provide reliable, sustainable, safe and
secure service.
TenneT’s new system is designed to address the ever-increasing
complexity of its electricity transmission system operations in
Europe by:
- Accelerating the hardening of critical grid infrastructure to
mitigate adverse events.
- Scaling renewable capacity rapidly to meet net-zero
objectives.
- Continuously aligning supply and demand of its network with
others throughout the Netherlands, Germany and Europe.
“The transition to a decarbonised energy economy is one of the
great challenges of the modern age,” commented Mario Suykerbuyk,
Chief Information Officer at TenneT. “TenneT is at the heart of
this energy transition in Europe, and it is our responsibility to
integrate vast and variable resources of renewable energy into the
grid and transport it to end users, at speed and at scale and
AspenTech’s partnership, innovation and technology are integral to
success.”
To help manage the future power system, the AspenTech and TenneT
teams will collaborate on a range of areas, including AI and
machine learning, cyber-physical system resilience, proactive
operation, forecasting, automation and intelligent decision support
among others.
Antonio Pietri, President and CEO at Aspen Technology said, “Our
ongoing partnership with TenneT clearly demonstrates how a strong,
collaborative working relationship, in combination with the
implementation of innovative digital technologies, is essential to
meet reliability, security and sustainability objectives, and
ultimately to successfully navigate the energy transition.”
AspenTech and TenneT have partnered on this multi-phased project
since June 2021. With the successful collaboration on the PMS now
in operation, the companies are now working on the next
implementation phase focused on transmission management. For more
information about TenneT and AspenTech solutions, visit the
following resources:
- About TenneT
- AspenTech – Innovating for Sustainability
- AspenTech – Digital Grid Management
About Aspen Technology
Aspen Technology, Inc. (NASDAQ: AZPN) is a global software
leader helping industries at the forefront of the world’s dual
challenge meet the increasing demand for resources from a rapidly
growing population in a profitable and sustainable manner.
AspenTech solutions address complex environments where it is
critical to optimize the asset design, operation and maintenance
lifecycle. Through our unique combination of deep domain expertise
and innovation, customers in asset-intensive industries can run
their assets safer, greener, longer and faster to improve their
operational excellence. To learn more, visit AspenTech.com.
© 2024 Aspen Technology, Inc. AspenTech and the Aspen leaf logo
are trademarks of Aspen Technology, Inc. All rights reserved.
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Media Kate Jones AspenTech +44 (118) 92 26510
kate.jones@aspentech.com
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