Aspen Technology Launches Microgrid Solution for Power Reliability and Net-Zero Goals

Aspen Technology Inc., a US-based firm providing software for sustainable industrial operations, has introduced the AspenTech Microgrid Management System (MMS) for asset-intensive industries, including refining, chemicals, and mining.

As per the firm's statement, the MMS integrates on-site conventional and renewable energy generation, energy storage, and active load management, providing industries with the tools to optimise operational performance and achieve their sustainability objectives. Built on the proven AspenTech OSI monarch SCADA platform, the solution addresses critical challenges arising from increasing energy demand, aging grid infrastructure, severe weather events, and cybersecurity threats, ensuring reliable power supply and minimizing business risks.

AspenTech MMS incorporates advanced features, including real-time control, predictive forecasting of power consumption and renewable energy output, and innovative algorithms for cost and emissions optimization. By enabling the seamless balance of renewable and traditional energy resources with active load management, the system empowers organisations to reduce energy vulnerability, enhance system reliability, and meet their net-zero goals.

Sally Jacquemin, Vice President of Power and Utilities at AspenTech, highlighted the significance of the solution, stating, 'AspenTech MMS revolutionises energy management for asset-intensive industries, helping customers address operational challenges and achieve sustainability targets while enhancing business resilience."

Thr firm further noted that the AspenTech MMS is part of the company’s Digital Grid Management suite and underscores its commitment to delivering innovative solutions that enhance power reliability, situational awareness, and cybersecurity. This system positions industries to navigate the complexities of modern energy management while leveraging renewable resources for a sustainable future.