Ørsted Deploys SparkCognition’s AI Solution to Enhance Wind, Solar, and Storage Asset Performance and Increase Energy Production
Austin, Texas - November 7, 2023 — Ørsted, a leading global renewable energy company, and SparkCognition, a global leader in artificial intelligence (AI) software solutions, today announced that SparkCognition’s Renewable Suite will be deployed across 5.5 gigawatts of Ørsted’s land-based wind, solar, and storage assets in the U.S. By enhancing asset performance management with SparkCognition’s AI solution, Ørsted will increase energy production, decrease maintenance costs, and improve operational efficiency.
Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, bioenergy plants, and renewable hydrogen and green fuels facilities worldwide. Ørsted’s Americas Region portfolio spans the United States, including nearly six gigawatts of land-based wind, solar, and storage projects in operation and under construction across Texas, the Midwest, and the Southeast. Ørsted was the first energy company in the world to have its science-based net-zero emissions target validated by the Science Based Targets initiative (SBTi) and is on track to be carbon neutral across its global generation and operations by 2025.
“Meeting the rising demand for clean energy requires innovative solutions to ensure our assets run reliably and efficiently,” said Rob Keiser, VP of Asset Management, Americas at Ørsted. “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.”
SparkCognition’s Renewable Suite is a comprehensive cloud-based asset performance management platform for utility-scale wind, solar, and energy storage assets. Renewable Suite brings different data sets ranging from SCADA, ERP, financial, data from third parties such as weather, forecast and many more into a single view that enhances efficiency and collaboration. Powered by patented AI and machine learning technology, Renewable Suite provides predictive recommendations to identify impending failures, quickly identify underperforming assets, and ensure effective follow-through. Renewable Suite is highly scalable and can onboard a large fleet of assets in a short time.
“Renewable Suite provides renewable energy owners and operators, like Ørsted, with a high-quality data foundation, out-of-the-box and self-serve models to generate actionable insights and quickly diagnose asset issues, and provides a platform to enable collaboration amongst multiple stakeholders,” said Dr. Sandeep Gupta, VP at SparkCognition. “Our patented AI technology, combined with the deep energy expertise of our SparkCognition team and obsession for customer success are keys to providing customers with a delightful experience.”