ETFOptimize | High-performance ETF-based Investment Strategies

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


ETFOptimize | HOME
Close Window

Emerson Launches Ovation Green, a Dedicated Renewable Power Technology and Software Portfolio

Ovation Green will help producers navigate the emerging sustainable energy economy

Emerson (NYSE: EMR) has combined its comprehensive power expertise and renewable energy capabilities into the Ovation™ Green portfolio to help power generation companies meet the needs of customers navigating the transition to green energy generation and storage. By uniting the recently acquired Mita-Teknik software and technology with its own industry-leading Ovation automation platform, deep renewable energy knowledge base, cybersecurity solutions and remote management capabilities, Emerson has created a new extension of its power-based control architecture. The resulting portfolio focuses on the emerging clean energy market to provide simplified renewables automation to help power producers build and scale sustainable operations.

Renewable electricity capacity has seen record growth in recent years. However, transitioning to cleaner energy systems or scaling up existing ones is a complex undertaking for power producers. Wind turbines, solar arrays, lithium-ion batteries, hydrogen electrolyzers and hydroelectric power all use a wide variety of automation software and technologies. As renewable portfolios grow, the number of applied technologies will multiply, increasing learning curves and adding complexity to operations as solutions from different vendors require additional integration. While some existing systems can provide layers of connectivity between very specific assets, the Ovation Green portfolio will deliver a single set of purpose-built software and solutions that supports different technologies in one standardized, intuitive system.

“Countries around the globe are focused on transitioning to a clean energy economy in the coming decades, and while green energy is a simple concept everyone understands, the road to implementation is not always clear,” said Bob Yeager, president of Emerson’s power and water solutions. “With the Ovation Green portfolio, our software, support and solutions are unified in one system from a single trusted provider to help power producers more quickly, easily and reliably manage their renewable electricity operations.”

Full access to real-time and historical operations information empowers owners and operators with greater visibility and control of all renewable assets across the enterprise. Through an integrated portfolio of data-driven asset control and management solutions, Ovation Green technologies provide secure, standardized access to data, independent of equipment manufacturer or system type, across a single or multiple sites.

By gathering, collating and contextualizing vast amounts of data created by renewable generation and storage assets, Emerson’s Ovation Green portfolio provides a clear view of renewable operations in a seamless space. The portfolio will empower actionable intelligence from a unified platform to drive faster, more informed decisions to increase availability and production while reducing operations and maintenance costs.

Emerson’s Ovation Green portfolio will be featured at the Intersolar and Energy Storage North America Conference February 14-16 in Long Beach, California.

To learn more about Ovation Green technologies, please visit Emerson.com/Ovation-Green.

Additional resources:

About Emerson

Emerson (NYSE: EMR) is a global technology and software company providing innovative solutions for the world’s essential industries. Through its leading automation portfolio, including its majority stake in AspenTech, Emerson helps hybrid, process and discrete manufacturers optimize operations, protect personnel, reduce emissions and achieve their sustainability goals. For more information, visit Emerson.com.

Contacts

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.