Aspen Technology, a global leader in industrial software, has introduced the AspenTech Microgrid Management System (MMS), a solution enabling asset-intensive organisations to optimise power generation, storage and load management to address power reliability and meet net-zero goals
Based on the company’s AspenTech OSI monarch SCADA platform, the new solution is dedicated to customers with heavy electrical power requirements in refining, chemicals, mining and other asset-intensive industries that manage their own on-site conventional and renewable power generation in orchestration with active load management and energy storage.
“AspenTech’s new microgrid solution reduces energy vulnerability and business risk by bringing innovation to asset-intensive industries based on decades of electric utility control and automation experience gained at more than 400 global utilities,” remarked Sally Jacquemin, vice president of power and utilities at AspenTech. “AspenTech Microgrid Management System brings functionality and flexibility to the power challenge, helping heavy energy users achieve both operational and net-zero objectives.”
Energy management
AspenTech MMS, now a part of AspenTech’s Digital Grid Management suite, is designed to help industrial customers address energy challenges by providing enhanced power reliability with active, real-time management of power generation resources, including renewable energy and storage, improved situational awareness to maximise return on investment and enhanced cybersecurity to protect all critical loads.
The solution also features an industrial AI approach capable of forecasting power consumption and renewable generation up to 35 days in the future, enabling scheduling and optimisation algorithms to maximise the use of generation resources while minimising emissions and electricity costs.
Additional standard AspenTech MMS features include real-time control, trending, alarming and reporting; the ability to optimise renewables with traditional electricity generation and battery storage; forecasting and scheduling capabilities; and a robust user interface wit responsive data historian and restoring capabilities.
Aspen Technology unveils Microgrid Management System
The solution empowers customers to maximise operational performance and accelerate net-zero goals. (Image source: Adobe Stock)
