ABB, the leading power and automation technology group, has won a major order from National Grid in the UK to provide a market management system to help balance supply and demand for electricity in the country.
The Network Manager™ Market Management System (MMS) will replace National Grid’s current system for managing the UK's total electricity demand of more than 55,000 megawatts. It is a reliable, robust, secure, and flexible solution that enables the integration of renewable energy sources. It also improves the performance of applications such as automated dispatch and transmission security, while minimizing the impact on market participants. The solution will support scheduling, real-time management, external interfaces and overall systems integration.
“This is yet another example of ABB’s contribution toward the evolution of more flexible and reliable grids,” said Jens Birgersson, head of ABB’s Network Management business, a part of the Power Systems division. “With Ventyx on board, ABB is uniquely positioned to bridge the gap between information technology and operational technology and meet our customers’ diverse needs from a single source.”
MMS is part of the Network Manager suite offered by Ventyx, which was acquired by ABB earlier this year. Ventyx provides enterprise software, energy markets data and professional services that enable energy, utility, communications and other asset-intensive organizations to optimize operational efficiency and productivity.
National Grid is a leading international electricity and gas utility. It owns the high-voltage electricity transmission network in England and Wales and operates the system across the UK.
ABB (abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 117,000 people.