GreenPowerMonitor Unveils Advanced Energy Management System to Boost Renewable Power Plant Efficiency

GreenPowerMonitor Unveils Advanced Energy Management System to Boost Renewable Power Plant Efficiency

(IN BRIEF) GreenPowerMonitor (GPM), a DNV company, has launched an advanced Energy Management System (EMS) designed to enhance the operational efficiency of renewable power plants. The new EMS supports the significant growth in renewable energy capacity, which saw a 50% increase in 2023. The system automates power plant control, optimizes power output based on weather forecasts, and adapts in real-time to various operational changes. It integrates seamlessly with existing GPM solutions and helps operators of PV, wind, or hybrid power plants improve efficiency and market competitiveness.

(PRESS RELEASE) BARCELONA, 29-Jul-2024— /EuropaWire/ — GreenPowerMonitor (GPM), a subsidiary of DNV, has introduced an advanced Energy Management System (EMS) tailored for renewable power plants. This innovative tool significantly enhances the operational efficiency of these facilities, aligning with the global push to expand renewable energy capacity.

According to DNV’s 2023 Energy Transition Outlook, the share of renewable energy in the global energy mix is expected to rise from the current 20% to 52% by 2050. In 2023 alone, renewable energy capacity saw a substantial increase, with an additional 507 gigawatts (GW) added—a 50% rise from the previous year.

The newly launched EMS is a timely solution to support this rapid growth, providing site operators with advanced tools for automated power plant control. It utilizes multiple schedules provided by operators to enhance operational flexibility and automation. By generating active power dispatch schedules based on weather forecasts, the system ensures optimal power output throughout the optimization period. This feature not only improves efficiency but also opens up new market opportunities, allowing users to participate in various energy markets with optimized dispatch schedules.

In addition to day-ahead dispatch schedules that integrate weather and price forecasts, GPM’s EMS continuously adapts in real-time to updates from factors affecting plant behavior, including high-priority dispatches from transmission system operators and unexpected events such as equipment maintenance or malfunctions. This automatic adjustment capability ensures that the system can handle the diverse situations a renewable power plant might encounter.

The EMS is designed for seamless integration with existing GPM solutions, such as GPM SCADA, GPM Power Plant Controller (PPC), and GPM Hybrid Power Plant Controller (HPPC). This compatibility ensures that operators of photovoltaic (PV), wind, or hybrid power plants can easily adopt the EMS to enhance their current systems.

Juan-Carlos Arévalo, CEO of GreenPowerMonitor, a DNV company, emphasized the significance of the new EMS for renewable power plants: “We remain committed to renewable energy innovation, offering robust solutions that empower operators to achieve greater efficiency and market competitiveness. This is just the beginning of our journey to maximize the potential of renewable power plants and drive progress in the sector.”

About GreenPowerMonitor, a DNV company
GreenPowerMonitor, a DNV company (GPM) offers a market-leading integrated solution of software, hardware, and services for the management and maintenance of renewable energy installations.

Driven by its purpose, GPM provides digital tools to maximize the performance of renewable energy assets, optimize efficiency in the management of renewable energy portfolios, and contribute to having the greenest energy mix in the grid. GPM has a long tradition and experience in successfully managing renewable assets and providing customized solutions for our clients’ needs. Its monitoring, managing, and analytic solutions have helped more than 700 clients in 90 different countries.

Learn more at www.greenpowermonitor.com

About DNV
DNV is an independent assurance and risk management provider, operating in more than 100 countries. Through its broad experience and deep expertise DNV advances safety and sustainable performance, sets industry standards, and inspires and invents solutions.

Whether assessing a new ship design, qualifying technology for a floating wind farm, analyzing sensor data from a gas pipeline or certifying a food company’s supply chain, DNV enables its customers and their stakeholders to manage technological and regulatory complexity with confidence.

Driven by its purpose, to safeguard life, property, and the environment, DNV helps its customers seize opportunities and tackle the risks arising from global transformations. DNV is a trusted voice for many of the world’s most successful and forward-thinking companies.

In the energy industry
DNV provides assurance to the entire energy value chain through its advisory, monitoring, verification, and certification services.  As the world’s leading resource of independent energy experts and technical advisors, the assurance provider helps industries and governments to navigate the many complex, interrelated transitions taking place globally and regionally, in the energy industry. DNV is committed to realizing the goals of the Paris Agreement, and supports customers to transition faster to a deeply decarbonized energy system.

Learn more at www.dnv.com

Media Contacts:

Neil James Slater
Head of Media Relations, Energy Systems
Phone: +44 2038165702

Penda Sall
Media Relations, Energy Systems
Phone: +33 651 69 88 64

SOURCE: DNV