Ventyx Joins Swedish Utility to Create One of the World’s Smartest Electricity Networks

Ventyx, an ABB company, joined an initiative to create one of the world's smartest electricity networks, part of a development project entitled Smart Grid Gotland. As part of the project, Ventyx will deploy a comprehensive distribution system optimization solution encompassing network control, demand response management, demand forecasting and business analytics to support the project, enabling large quantities of wind and other renewable and distributed energy sources to be integrated into the grid. Ventyx is working with several partners on the project, including Gotlands Energi AB (GEAB), the utility serving the Swedish island of Gotland. The distribution management system (DMS) software by Ventyx, integrated with ABB hardware, will be used to address bottlenecks in the distribution network that may restrict the flow from the wind turbines to consumers.