Aspen Technology Chosen to Optimize Renewable Generation For Iceland’s Largest Power Producer
Aspen Technology (NASDAQ:AZPN) has announced a strategic partnership with Landsvirkjun, Iceland's largest power producer. Landsvirkjun will implement AspenTech OSI Digital Grid Management software to optimize control and power generation across its 18 plants in Iceland. The utility generates approximately 70% of Iceland's electricity from renewable sources including hydroelectric, geothermal, and wind.
The implementation includes SCADA, Generation Management and Historian capabilities to enhance operational efficiency through production costing, economic dispatch, schedule optimization, real-time control, and advanced reporting features.
Aspen Technology (NASDAQ:AZPN) ha annunciato una partnership strategica con Landsvirkjun, il principale produttore di energia islandese. Landsvirkjun implementerà il software di gestione della rete digitale OSI di AspenTech per ottimizzare il controllo e la generazione di energia attraverso i suoi 18 impianti in Islanda. L'utility genera circa il 70% dell'elettricità dell'Islanda da fonti rinnovabili, tra cui idroelettrico, geotermico e eolico.
L'implementazione include SCADA, gestione della generazione e capacità di storicizzazione per migliorare l'efficienza operativa attraverso il costo della produzione, la distribuzione economica, l'ottimizzazione dei programmi, il controllo in tempo reale e funzionalità avanzate di reporting.
Aspen Technology (NASDAQ:AZPN) ha anunciado una asociación estratégica con Landsvirkjun, el mayor productor de energía de Islandia. Landsvirkjun implementará el software de Gestión de Redes Digitales OSI de AspenTech para optimizar el control y la generación de energía en sus 18 plantas en Islandia. La utilidad genera aproximadamente el 70% de la electricidad de Islandia a partir de fuentes renovables, incluyendo hidroeléctrica, geotérmica y eólica.
La implementación incluye SCADA, Gestión de Generación y capacidades de Historiador para mejorar la eficiencia operativa a través de costos de producción, despacho económico, optimización de horarios, control en tiempo real y características avanzadas de informes.
Aspen Technology (NASDAQ:AZPN)는 아이슬란드 최대 전력 생산업체인 Landsvirkjun과 전략적 파트너십을 발표했습니다. Landsvirkjun은 아이슬란드의 18개 발전소에서 전력 생성 및 제어를 최적화하기 위해 AspenTech의 OSI 디지털 그리드 관리 소프트웨어를 구현할 예정입니다. 이 유틸리티는 재생 가능한 에너지원인 수력, 지열, 풍력 등을 통해 약 아이슬란드 전력의 70%을 생성하고 있습니다.
구현에는 생산 비용, 경제적 배분, 일정 최적화, 실시간 제어 및 고급 보고 기능을 통한 운영 효율성을 향상시키기 위해 SCADA, 발전 관리 및 히스토리언 기능이 포함됩니다.
Aspen Technology (NASDAQ:AZPN) a annoncé un partenariat stratégique avec Landsvirkjun, le plus grand producteur d'électricité d'Islande. Landsvirkjun mettra en œuvre le logiciel de gestion de réseau numérique OSI d'AspenTech pour optimiser le contrôle et la génération d'énergie dans ses 18 centrales en Islande. L'entreprise génère environ 70 % de l'électricité de l'Islande à partir de sources renouvelables, y compris l'hydroélectricité, la géothermie et l'éolien.
L'implémentation comprend SCADA, Gestion de la Production et capacités d'Historien pour améliorer l'efficacité opérationnelle grâce à l'analyse des coûts de production, la répartition économique, l'optimisation des plannings, le contrôle en temps réel et des fonctionnalités avancées de reporting.
Aspen Technology (NASDAQ:AZPN) hat eine strategische Partnerschaft mit Landsvirkjun, dem größten Energieerzeuger Islands, bekannt gegeben. Landsvirkjun wird die OSI Digital Grid Management-Software von AspenTech implementieren, um die Kontrolle und Energieerzeugung in seinen 18 Anlagen in Island zu optimieren. Das Unternehmen erzeugt etwa 70% des Stroms in Island aus erneuerbaren Quellen wie Wasserkraft, Geothermie und Wind.
Die Implementierung umfasst SCADA, Generationsmanagement und Historian-Funktionen, um die Betriebseffizienz durch Produktionskosten, wirtschaftliche Verteilung, Terminoptimierung, Echtzeitsteuerung und erweiterte Berichtsfunktionen zu verbessern.
- Strategic partnership with Iceland's largest power utility
- Implementation of Digital Grid Management software across 18 plants
- Expansion into renewable energy market
- Strengthening presence in utility sector
- None.
Insights
This strategic partnership with Iceland's largest power producer represents a significant technological advancement in renewable energy management. The implementation of AspenTech's Digital Grid Management software will enhance operational efficiency across Landsvirkjun's 18 plants, providing real-time control and optimization capabilities for hydroelectric, geothermal and wind power generation.
The software's advanced features, including SCADA, Generation Management and Historian capabilities, will enable data-driven decision making and improved economic dispatch. This positions AspenTech to capture more market share in the growing renewable energy management sector, particularly as utilities worldwide transition to renewable sources.
While the deal's financial terms aren't disclosed, the partnership with a national power company managing
Innovative digital technologies key to helping Landsvirkjun integrate and control power generation while achieving carbon neutral goals
Landsvirkjun is the National Power Company of
"This partnership with AspenTech focuses on helping to ensure reliable and efficient power generation for
Sally Jacquemin, Vice President and General Manager, Power and Utilities at AspenTech, added, "AspenTech is committed to providing innovative digital solutions that support our customers in achieving their operational performance and sustainability goals. The collaboration with Landsvirkjun underlines the importance of integrating large scale renewables on the grid and the flexibility of our solutions to support the unique energy frameworks of our partners around the world."
Landsvirkjun is implementing AspenTech OSI Digital Grid Management software that includes SCADA, Generation Management and Historian capabilities to significantly support the operational efficiency and resiliency of the utility. The deployment enables more efficient power generation bolstering the resilience of Iceland’s energy infrastructure with digital capabilities such as production costing and economic dispatch, schedule optimization, real-time control, data historization and advanced reporting.
For more information about the sustainable initiatives and technologies at Landsvirkjun and AspenTech, please visit the following resources:
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20241113602653/en/
Media Contact
Kate Jones
AspenTech
+44 (118) 92 26510
kate.jones@aspentech.com
Source: Aspen Technology, Inc.
FAQ
What software is Landsvirkjun implementing from Aspen Technology (AZPN)?
How many power plants will Aspen Technology (AZPN) optimize for Landsvirkjun?
What percentage of Iceland's electricity does Landsvirkjun generate using AspenTech (AZPN) software?
