sweden

Sweden is on the verge of developing the world’s smartest power grid systems, to serve the island of Gotland.  With the help of Ventyx and some of the world’s leading technology solutions providers the island wants to harness its large quantities of wind and other renewable and distributed energy sources to serve its residents.  Ventyx will deploy a comprehensive Distribution System Optimization solution encompassing network control, demand response management, demand forecasting and business analytics to support the project.

With a budget of 25 million euros ($32 million), the Swedish Energy Agency is to setup a smart grid project in the rural town of Gotland Sweden. The pilot project will demonstration smart grid in a rural area and allow the agency to carry out research and development in fields that will affect the quality of electricity supply, as well as market application for integration of renewable sources.