As the global energy sector is transforming, Vestas offers customers digital solutions to deliver greater predictability, increased renewable energy production, more efficient operations, and better integration with energy grids. This transformation means energy systems and power plant owners must improve forecasting accuracy for renewable production, optimise output from each individual generation asset and orchestrate a portfolio of resources across multiple sites and equipment types. They must also do so in a cost-effective manner that ensures grid stability as renewable energy sources gradually replace conventional, fossil-fuel generated power plants.
To support customers on this transition, Vestas agreed to acquire Utopus Insights, Inc., an energy analytics provider with 15 years of experience in solutions development, a suite of innovative digital products, over 100 patents and a highly experienced team with data science expertise in analytics, power engineering, energy software development and meteorology.
Together with Utopus Insights, Vestas offers customers a suite of best-in-class analytics applications across energy sources that supports the digitalisation of renewable energy assets and energy systems as well as addresses well-known challenges such as predictive maintenance, forecasting and power plant optimisation.