AspenTech (via its acquisition of Open Systems International), in cooperation with a number of operational technology vendors and Spanish utilities, will participate in the FLEXENER Project, which seeks to integrate new generation, network, and demand technologies to achieve a 100 percent renewable and fully decarbonized Spanish energy system.

To this end, new capabilities, models, and technology will be explored in areas such as power electronics, interoperability, and connectivity of equipment and weather forecasting systems, which will facilitate the integration and operational management of renewable energies. These new technologies will enable Spain to avoid demand peaks and meet the country’s long-term goal of becoming a carbon-neutral country by 2050.

The main objective of the FLEXENER Project is to research new technologies and simulation models in the field of renewable generation, storage systems, flexible demand Management, and distribution grid operation. The aim is to achieve a 100 percent renewable and decarbonized energy mix, effectively integrated into the electricity system of the future in a flexible, efficient, and safe manner.

As part of this initiative, AspenTech will provide new, innovative digital grid management technologies for intelligent energy demand management, integrating this with distributed energy resources (DER) to provide greater flexibility in energy management.

The FLEXENER Project will span from 2020 to 2023 and has a total budget of €7.6 million. The project has been subsidized by the Centre for the Development of Industrial Technology (CDTI) with €5.3 million through its call for proposals "Misiones Ciencia e Innovación 2019", co-financed by the European Regional Development Fund - ERDF - through its Pluri-regional Operational Program for Spain 2014-2020 and supported by the Spanish Ministry of Science, Innovation and Universities.

Link to Spanish Version