Elia / : and Red Eléctrica de España (REE) sign an innovative agreement for enhancing asset management
June 15, 2021 at 04:42 am EDT
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15 June 2021
Elia and Red Eléctrica de España (REE) sign an innovative agreement for enhancing asset management
Elia, the Belgian transmission system operator (TSO), and its Spanish counterpart, Red Eléctrica de España, have signed a collaboration agreement to work on innovative solutions that will help to transform the management of their respective electricity grids.
Elia and REE will establish a joint Asset Management Expertise Centre to develop innovative grid management approaches
Elia and REE will also further develop the SAGA platform, which is now co-owned by both companies and relies on artificial intelligence to optimise asset management
The innovative pact, which is the first of its kind across Europe, will enable both companies to successfully address the challenges presented by the energy transition.
Elia and Red Eléctrica de España (REE) sign an innovative agreement for enhancing asset managementPDF -671.32 KB
Elia et Red Eléctrica de España (REE) signent un accord d'innovation en vue d'améliorer la gestion des assetsPDF -748.45 KB
Elia en Red Eléctrica de España (REE) ondertekenen samenwerkingsakkoord over innovatief assetbeheerPDF -671.97 KB
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Elia System Operator SA published this content on 15 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 June 2021 08:41:09 UTC.
Elia Group SA/NV is the Belgian transmission system operator, transmitting electricity efficiently, reliably and securely from producers to distribution system operators and major industrial users. The group is responsible for importing and exporting electricity from and to neighbouring countries.
Elia Group SA/NV owns the entire Belgian very high voltage grid (150 to 380 kV) and some 94% (ownership and user rights) of the Belgian high-voltage grid (30 to 70 kV). The grid is a key link between electricity markets in northern and southern Europe. It also links Belgian producers and consumers. Belgium's recent investment in interconnection capacity with its neighbours makes it one of the most open and interconnected grids in Europe.
Elia Group SA/NV has recently expanded its activities on a broader European level and, following its acquisition of the German TSO 50Hertz and in cooperation with Industry Funds Management (IFM), is now one of the top five transmission system operators in Europe.