ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Hitachi: Commenced Demonstration Operation of Cloud-based Advanced Energy Management System in Slovenia

TOKYO, Nov 5, 2021 - (JCN Newswire) - New Energy and Industrial Technology Development Organization (NEDO) and Hitachi, Ltd., in cooperation with ELES, d.o.o., Slovenian national power transmission company, have completed "a cloud-based Advanced Energy Management System (AEMS)" which has been under construction since 2018 as the second phase of the smart community demonstration project and commenced its demonstration operation.

In this demonstration operation, we are aiming to establish an energy service business for large-scale power consumers and electric power retailers by building a cloud-based AEMS in the data center which has several functions such as, islanding (autonomous operation in the event of a power grid accident), voltage dips mitigation measures, and ancillary services (provision of flexibility to electricity transmission system operator).

Based on the analysis and evaluation results of the demonstration project, we will consider the development of the business model in the form of a service, primarily in Europe, that provides cloud-based AEMS along with cloud-based DMS (completed in 2019). Along with the start of this demonstration operation, an online ceremony to celebrate the start of operation was held connecting Slovenia with Tokyo, which involved parties attended from both countries.

For more information, visit https://www.hitachi.com/New/cnews/month/2021/11/211105a.html.

Source: Hitachi, Ltd.

Copyright 2021 JCN Newswire . All rights reserved.
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.