The tools from ETAP in the US simulate, control, and optimize electricity power systems based on the digital twins, providing modelling and preventative maintenance across large power systems and microgrids.
The deal completes Schneider’s existing software portfolio for electricity power systems, says the company. The technology will be integrated in Schneider’s unique cloud-based technology platform for the design and operation of mission-critical power systems using vendor-agnostic software-driven modelling, design, real-time predictive simulation and operation solutions. This will help deliver end-to-end lifecycle digitalization and bring enhanced efficiency, sustainability and resiliency to mission-critical, power and grid applications.
Integrating Schneider’s EcoStruxure Power Design platform and ETAP’s electrical software design software will improve the design of green data centres and resilient power grids, enabling better integration of renewables, microgrids, fuel cells and battery storage technology. It can also be used by global customers and partners across critical process and hybrid industries, power plants and grids, data centres, railways and airports for enhanced modelling, design and predictive maintenance capabilities.
“Both of our companies are preparing for a world that will be smart and green, by becoming increasingly digital and electric. By joining forces with ETAP, we are entering a new chapter of advanced electrical distribution, with more digitization on a global scale, and new tools to empower our customers and partners to make informed decisions and reach new levels of efficiency,” said Jean-Pascal Tricoire, Chairman & CEO Schneider Electric.
By 2040, the share of electricity in everything we do will double, reaching at least 40 percent of final energy consumption and six times more electricity will be generated from solar and wind according to the latest reports from the IEA. However, today’s electrical distribution systems suffer from high levels of inefficiency due to low adoption of digital technologies and rework caused by design errors accounts for up to 20 percent increase in costs
Using modelling to improve power system