Aspen Technology has introduced the AspenTech Microgrid Management System (MMS) solution for customers with heavy electrical power requirements to manage on-site conventional and renewable power generation, active load management and energy storage.
Based on the company’s proven AspenTech OSI monarch SCADA platform, the solution empowers customers to maximize operational performance and accelerate net-zero goals.
A part of AspenTech’s Digital Grid Management suite, AspenTech MMS provides enhanced power reliability with active, real-time management of power generation resources, including renewable energy and storage, improved situational awareness to maximize return on investment and enhanced cybersecurity to protect all critical loads.
The solution also features a robust Industrial AI approach capable of forecasting power consumption and renewable generation up to 35 days in the future, enabling scheduling and optimization algorithms to maximize the use of generation resources while minimizing emissions and electricity costs.
Additional standard AspenTech MMS features now available include real-time control, trending, alarming and reporting to ensure system reliability and incident response; ability to optimize renewables together with traditional electricity generation and battery storage in balance with active load management; forecasting and scheduling capabilities to enable peak shaving and optimized battery charging/discharging; and robust user interface with responsive data historian and reporting capabilities.