(Image Credit: Greensmith Energy, a Wärtsilä Company)
Greensmith Energy, a Wärtsilä company, has launched version 6 of their energy management software platform GEMS. The platform for grid-scale, behind-the-meter, and microgrid solutions is used to integrate a broad array of generation assets such as solar, wind, hydro, storage, and thermal.
Greensmith Energy Management System (GEMS) is currently deployed across more than 70 grid-scale systems in nine countries, integrated with many thermal and renewable generation assets as well as load and weather forecasting data, the company says.
According to Greensmith Energy, the benefits of GEMS include:
- Battery optimization: GEMS is tightly integrated with the BMS to leverage Greensmith’s battery optimization algorithms-extending the life of the system.
- Revenue-stacking: Generate multiple revenue streams by stacking applications, dynamically adjust based on market conditions and adapt to regulatory changes.
- Future-proofing: Leveraging software-based intelligence, enabling modifications as applications and conditions evolve.
- Fleet management: Integrate multiple battery assets into a consolidated management tool. With seamless integration into distribution management systems, battery storage becomes another distribution asset in addition to renewables.
“With GEMS, renewable energy sources and engine systems can now be equally modeled and simulated in a virtual environment using real-time data, which allows GEMS to be lab-tested, rather than onsite, and offers significant cost efficiencies in testing time, outages, and time-to-market,” the company says. “GEMS also integrates weather and load forecast data to optimize an entire grid system.”
GEMS can process more than 100,000 points of data per second in default mode, and uses data analytics to improve the way in which it optimizes energy storage and the overall grid system. John Jung, president and CEO of Greensmith Energy, said that the energy management platform paves a viable way toward a 100% renewable energy future.
GEMS 6 can be used independent of energy storage and will become commercially available in 2019.