Boost for renewable energy plants’ efficiency.

Wednesday 31 July 2024

Breaking news in the world of renewable energy! GreenPowerMonitor, a leading asset management company, has made a significant stride towards boosting the efficiency of renewable power plants with the introduction of an innovative tool.

GreenPowerMonitor has officially rolled out an advanced Energy Management System (EMS) designed to revolutionize the operations of renewable power plants. This cutting-edge system boasts the capability to automatically adjust active power dispatch schedules, a crucial process where transmission system operators determine which power plants should be utilized to meet the existing electricity demand. By leveraging weather forecasts, the EMS ensures accurate power output at all times.

According to the latest analysis by asset management expert DNV, the global energy mix is poised to shift from its current 20% to a remarkable 52% by the year 2050. The growth in renewable energy capacity has been staggering, with a 50% increase in 2024 alone, representing an additional 507 gigawatts (GW) compared to the figures from 2023.

With the exponential rise in renewable energy production, GreenPowerMonitor foresees the EMS playing a pivotal role in supporting this growth. The system equips site operators with essential tools for enhancing operational flexibility and embracing automation, thus propelling the renewable energy sector forward.

CEO of GreenPowerMonitor, Juan-Carlos Arévalo, expressed his enthusiasm for renewable energy innovation, asserting the company’s commitment to providing robust solutions that empower operators to achieve heightened efficiency and competitiveness in the market. Arévalo emphasised that this is merely the initial phase of their journey towards maximising the potential of renewable power plants and catalysing progress in the sector.

The EMS offers a seamless integration for operators of photovoltaic (PV), wind, or hybrid power plants, enabling them to elevate their existing systems to new heights of efficiency and effectiveness.

Don’t miss out on the latest updates and breakthroughs in the renewable energy sector. Join our vibrant community of enthusiasts and professionals dedicated to driving positive change through sustainable practices.

To access the complete article and delve deeper into this groundbreaking development, simply log in or register with one of our membership tiers. Stay informed, stay connected, stay ahead at Net Zero Club News Network!