Volue, a provider of technologies and services that drive the energy transition, has successfully implemented its Smart Power software suite at A2A – Life Company, allowing the company to enhance bidding and dispatch processes in the Italian power markets.
Volue's Smart Power software suite will support A2A's strategic decision-making, power plant production planning, and optimization across short-term markets, including day ahead, intraday, reserves, and TSO nomination. A2A operates a diverse portfolio comprising hydropower, thermal, solar, and wind power plants.
The increasing significance of intermittent renewable energy sources has brought about market fluctuations and price volatility tied to weather conditions. Achieving a balance between supply and demand while integrating flexible generation and renewables is essential for driving the energy transition. With Volue Smart Power, A2A can optimize their asset portfolios, extracting maximum value across various power market streams and significantly improving operational efficiency.
The collaboration with Volue has allowed A2A to incorporate more intricate algorithms and models into their existing work processes. This has enabled A2A to optimize power plant production and enhance overall operational efficiency. The software's potential has also allowed A2A to automate key aspects of their daily operations.
"We are delighted to collaborate with A2A during this pivotal time of increasing complexities in the power markets,” commented Trond Straume, CEO of Volue. “By embracing automation and asset optimization, our customers, like A2A, can navigate the evolving energy landscape with confidence."
Marco Boninella, Account Executive for A2A at Volue, highlighted the flexibility of the Smart Power software suite: "Our collaboration with A2A has allowed us to replace a significant portion of their tailor-made processes developed over the years. This exemplifies the adaptability of Smart Power to market-specific rules and customer-specific processes. We are committed to supporting A2A's requirements today and in the future."
At the core of Volue's Smart Power software is Volue Mesh, an open and flexible object-oriented data management solution. Mesh provides a comprehensive framework for modelling relevant objects, attributes, time series, and their interconnections within a portfolio. This contextualized data modelling approach enhances data availability, maintainability, and accessibility, empowering users to make informed decisions.
