Enzen launches AI and ML Network Analysis services
Enzen has launched its Network Analysis services which aim to accelerate decarbonisation and accommodate more renewable energy sources on the grid at lower cost.
Utilising AI and ML, the services enable Distribution Network Operators (DNOs) and Independent Distribution Network Operators (IDNOs) to assess, plan and invest in their networks more effectively to meet regulatory requirements.
As more low carbon technologies such as wind, solar and storage become available to meet the UK’s net zero ambitions, DNOs and IDNOs need to facilitate the integration of these renewable energy sources on the grid in a sustainable, cost-effective way.
Enzen’s Network Analysis services will enable DNOs and IDNOs to achieve superior modelling, forecasting and resilience analysis of Low Voltage networks i.e. those at 11kV and <11kV voltage levels, so they can host rising renewable energy connections more efficiently.
With many utilities facing cost constraints due to the challenging RIIO-ED2 regulatory framework, Enzen believes its services arrive at a critical time.
Sanjay Neogi, Head of UK and Europe at Enzen, said: “As calls for climate action rightly ramp-up, the ability to accommodate sustainable energy sources on the electricity grid quickly and efficiently has never been more urgent. Our Network Analysis services means DNOs and IDNOs will be able to analyse and plan more accurately for a range of scenarios, such as renewable energy connection or electric vehicle charging requirements, which will in turn facilitate quicker connections."
Flexible, scalable and transactional commercial models ensure customers can scale up and scale down resources based on demand. "We believe that our unique offering, combining service delivery with engineering analysis expertise, will enable DNOs and IDNOs to achieve their sustainability ambitions and accelerate the energy transition, all while keeping costs in check for operators and consumers," he said.
AI key to sustainable all-electric world
Utilities have to decide if they are working with software companies or want to become software companies in their own right, according to a recent World Economic Forum paper highlighting the growing importance of AI.
"These advancements require a shift in thinking from legacy models of capital investment in a few large energy generation assets to demand management of an exponentially growing number of privately owned assets – all while protecting customer data and privacy and ensuring cybersecurity of grid management," it states.
Events in Texas laid bare how vulnerable current electric grids can be. "Just as we shouldn’t be trying to build a better internal combustion engine, we can’t afford to rebuild the grid of the past. AI and software are key to a more sustainable, all-electric world, and the solution for the grid of the future."
Beyond Limits wins global award
Frost & Sullivan has awarded Beyond Limits the 2021 Global Company of the Year Award. Encompassing a "unique blend of numeric ML techniques and symbolic AI", Beyond Limits' Cognitive AI technology augments operational efficiency, enhances performance, improves operating conditions, and increases profitability, according to a statement. The technology has found wide application in sectors where sustainability and responses to COVID-19 have created opportunities for AI, including the energy industry.
Its flagship product, the Refinery Operations Advisor, drives operational efficiency through streamlined decision making and identifies operational issues in real time and recommends responses, says Clare Walker, Industry Principal. For example, in refineries, numerous sensors generate massive amounts of data, much of which goes unused.
"Beyond Limits combines this data with human expertise and digitizes operational models to allow operators to plan, scale, and increase profitability. Beyond Limits also enables companies to retain industry knowledge that would otherwise be lost when veteran engineers retire. It embeds their domain expertise into systems to make it available to junior engineers."
Hydrostor receives $4m funding for A-CAES facility in Canada
Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.
The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction.
The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.
Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.
The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”
A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth.
Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."
The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.
Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019.