Orsted, in a deal with software company SparkCognition, plans to deploy artificial intelligence across its fleet of renewable energy assets.
Orsted said it would deploy SparkCognition’s Renewable Suite across its 5.5-gigawatt fleet of land-based wind, solar, and storage projects in operation and under construction in Texas, the Midwest, and the Southeast.
“By deploying SparkCognition’s cutting-edge Renewable Suite, we can improve the effectiveness and lifespan of our land-based assets and maximize energy output, propelling us toward a more sustainable future,” Rob Keiser, vice president of asset management, Americas, at Orsted, said in a statement. The company also said it expects that using SparkCognition’s Reneawble Suite to enhance asset performance management it will increase energy production, decrease maintenance costs, and improve operational efficiency.
SparkCognition said its Renewable Suite is a comprehensive cloud-based asset performance management platform for utility-scale wind, solar, and energy storage assets that brings different data sets ranging from supervisory control and data acquisition, enterprise resource planning, and financial data from third parties such as weather, forecast and many more into a single view that enhances efficiency and collaboration.
The software company said its Renewable Suite is powered by patented artificial intelligence and machine learning technology and provides predictive recommendations to identify impending failures, quickly identify underperforming assets, and ensure effective follow through. SparkCognition also said its Renewable Suite is scalable and can be installed on a large fleet of assets in a short time.
Orsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, bioenergy plants, and renewable hydrogen and green fuels facilities worldwide.
Citing macroeconomic factors such as high inflation, rising interest rates, and supply chain bottlenecks, Orsted recently cancelled two wind projects totaling 2,248 megawatts that were slated to be built in waters off the New Jersey coast. The Danish developer said it is continuing development on offshore wind projects in waters off the coasts of Connecticut, New York and Rhode Island.
