Landsvirkjun, which generates around 70% of Iceland’s electricity from renewable sources like hydroelectric, geothermal, and wind, aims to strengthen its operational efficiency and decision-making.
“AspenTech’s Digital Grid Management solutions will help us to more efficiently obtain data for analysis, support faster and more accurate decision-making, and enable us to operate our power stations optimally to meet power demand,” said Gunnar Guðni Tómasson, EVP of Hydropower at Landsvirkjun.
The software implementation includes SCADA, Generation Management, and Historian capabilities. These tools will enhance Landsvirkjun’s ability to handle production costing, economic dispatch, schedule optimization, real-time control, and data reporting.
Sally Jacquemin, Vice President and General Manager, Power and Utilities at AspenTech, highlighted the importance of the partnership: “AspenTech is committed to providing innovative digital solutions that support our customers in achieving their operational performance and sustainability goals. The collaboration with Landsvirkjun underlines the importance of integrating large-scale renewables on the grid and the flexibility of our solutions to support the unique energy frameworks of our partners around the world.”
This deployment aims to improve the resilience of Iceland’s energy infrastructure and support the country’s carbon-neutral targets.
