Schneider in digital twin buy
The tools from ETAP are used to simulate, control, and optimise electricity power systems based on digital twins, providing modelling and preventative maintenance across building power systems, green data centres 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 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 digitalis for mission-critical, power and grid applications.
Combining 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.
ETAP will continue to operate as an independent software vendor but will also enhance Schneider Electric’s digital twin capabilities in Power, Grid and mission-critical sectors, following the Group’s recent strategic investment in IGE+XAO and Alpi.
“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 performance and improved grid performance helps to reduce these costs by maximising the power system production process through standardised vendor-agnostic and application-specific design templates, digital twin-enabled data models and product libraries. This can also 0rotect operational staff and equipment from arc flash, overvoltages and overheating and improve system uptime, anticipate failures and protect critical loads.
“Now we will be even better positioned to offer intelligent electrical digital twin platform with model-driven solutions to support our customers in accelerating productivity and increase efficiency in planning, automation, operation, optimization, and management of power systems across many industries,” said Dr Farrokh Shokooh, Founder and CEO at ETAP.
The modelling also helps to improve real-time awareness of new energy resources, including Solar PV, fuel cells and battery storage and optimise operational performance with preventative and predictive maintenance.
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