AspenTech

  • How Virtual Power Plants Enhance Grid Operations and Resilience

    A virtual power plant (VPP) is a network of decentralized, small- to medium-scale power generating units, flexible power consumers, and storage systems that are aggregated and operated as a single entity through sophisticated software and control systems. Unlike a traditional power plant that exists in a single physical location, a VPP is distributed across multiple […]

  • Software, Hardware, Innovation All Needed to Upgrade the Power Grid

    Enhancing the transmission and distribution of electricity is a priority to ensure a reliable and resilient power supply, as demand increases and grid challenges mount. Providing more electricity to meet

  • Building Better Ways to Keep the Lights On

    Utilities and power grid operators walk a fine line when it comes to providing reliable and resilient power while also protecting valuable assets in the electricity transmission and distribution system. Power

  • Unlocking the Benefits of Virtual Power Plants with Digital Technology

    Most people, when they imagine a power plant, picture equipment like smokestacks that stretch hundreds of feet into the sky, massive, spinning turbines and the hum of electric transmission lines that deliver power into the bulk electric grid. As power demand increases beyond current power plant capacities and clean energy goals are accelerated, power generation […]

  • Emerson Merging Software Business with AspenTech in $11 Billion Deal

    Emerson Electric Co. said it will merge its software business with rival Aspen Technology (AspenTech) in an $11 billion deal that will bring together both companies’ expertise in industrial software applications. It’s the latest move by Emerson to support the rapid growth of digitization in the power generation industry. “We saw an attractive opportunity to […]

  • Safety and Digitalization Big Parts of Sustainability

    Company leaders around the globe are more focused than ever on sustainability. The trend has been driven not only by an innate human desire to “do the right thing,” but also because investors and environmentally conscious consumers are demanding that companies evaluate how their operations are affecting the world and make positive changes to reduce […]

  • Using Technology to Tackle Power Plant Emissions

    Power plant owners and operators have a range of systems available to help reduce pollutants at their facilities, depending on a number of factors. And industry experts agree—there is no “one size fits

  • The POWER Interview: How Industry 4.0 Will Improve Sustainability

    As the world continues to face climate uncertainties, industrial companies are looking for ways to ensure they are as sustainable as possible while maintaining profitability. POWER’s recent Distributed Energy Conference included a session on sustainability from the viewpoint of utilities and others in the power generation industry. Many companies are working toward the goal of […]