Schneider Electric unveils ETAP, a new integrated digital twin platform accelerating digitization across the entire lifecycle of power systems

0
292
Schneider Electric unveils ETAP, a new integrated digital twin platform accelerating digitization across the entire lifecycle of power systems
Schneider Electric unveils ETAP, a new integrated digital twin platform accelerating digitization across the entire lifecycle of power systems

The new digital twin platform for power systems provides all-in-one energy management solutions, enhancing the digital application of modern power systems and driving the energy transition and sustainable development of renewable energy.

HONG KONG SAR, Media OutReach, September 7, 2023: Schneider Electric, the leader in the digital transformation of energy management and automation, announced the launch of the ETAP Digital Twin Platform for power systems in Hong Kong. The platform has been at the forefront of the global energy management and engineering market, providing solutions that encompass the design, simulation, engineering, and operation of power systems. ETAP enhances digital performance throughout the entire lifecycle of power systems, at the same time improving productivity, collaboration capabilities, and overall efficiency, as well as facilitating the transformation of enterprises in green energy usage and sustainable development.

Conversion of traditional power grids to the energy internet: the emergence of a new digital twin platform

The Electricity Market Report 2023 released by the International Energy Agency (IEA) predicted that global electricity demand will accelerate starting this year, despite a slowdown in demand growth last year. “As a leader in sustainable development, Schneider Electric has continuously accelerated digitization and electrification in its sustainability journey over the past 15 years and is committed to facilitating Hong Kong’s goal to achieve carbon neutrality by 2050,” said Jonathan Chiu, President of Schneider Electric Hong Kong. “The new ETAP Digital Twin Platform will strengthen the digitization of the entire lifecycle of modern power systems to help the industry achieve an energy transition and reduce carbon emissions. Through the ETAP platform, we aim to enhance grid flexibility, deliver the benefits of point-to-point energy management, and promote the sustainable development of renewable energy in Hong Kong.”

Combining energy management and engineering solutions, ETAP integrates software suites such as ALPIIGE+XAO, and BIM Electric, further optimising energy management systems. By expanding its software portfolio to include the SEE Electrical software suite, Caneco ONE, and Advanced Electrical Design for Revit, ETAP has developed a comprehensive energy management platform, providing virtual modelling and comprehensive analysis for the entire lifecycle of power systems, from design, construction, operation, and maintenance. This in turn offers innovative software solutions that meet the diverse needs of utilities, data centres, public transport systems, power plants, and end users. To date, ETAP has provided services to over 20,000 corporate users worldwide. In the foreseeable future, ETAP will achieve full data integration to support the infrastructure, building construction, and manufacturing industries in achieving point-to-point management.

The new integrated ETAP Digital Twin Platform provides a complete solution and systems delivery for the entire lifecycle of renewable energy usage, from design, construction, operation, and maintenance. Its functions, such as distributed energy access analysis and verification and electrical power quality analysis and optimisation, effectively ensure the safety and stability of power systems before and after the integration of renewable energy sources and enhance the value and economic benefits that renewable energy delivers to society.

“ETAP enables power system operators, engineers, and facility managers to better design, analyse, visualise, and optimise their power system operations effectively. The multi-dimensional digital twin technology of ETAP accelerates digital transformation and enables power system design with automation knowledge and network operations to be carried out with design knowledge. ETAP customers leverage our integrated, secure, cost-effective, and sustainable platform to drive electrical system lifecycle transformation and achieve efficient energy management,” said Tanuj Khandelwal, Chief Executive Officer of ETAP.

Also readAddressing Security Challenges Beyond 2023: Recommendations for CIOs and Technology Leaders

Do FollowCIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter

About us:

CIO News, a proprietary of Mercadeo, produces award-winning content and resources for IT leaders across any industry through print articles and recorded video interviews on topics in the technology sector such as Digital Transformation, Artificial Intelligence (AI), Machine Learning (ML), Cloud, Robotics, Cyber-security, Data, Analytics, SOC, SASE, among other technology topics.