Cosmo Tech

  1. Energy & Utilities
  2. Case Study

Optimize Your Strategic Plan

Deliver an optimized, transparent, and justifiable strategic business plan to align internal and external stakeholders and win your tariff case.

Value creation

-14%

Reduction in CAPEX

-14%

Reduction in OPEX

-20%

Reduction in Operational Conflicts

The challenge

The challenge

Our client is Europe’s largest electricity transmission system operator (TSO) with a network of more than 100,000 kilometers of lines, more than 8000 employees, and revenues in excess of €4 billion annually. As the sole enterprise responsible for transmitting electricity nationally, it needs to deliver short-term operational efficiency as well as long-term strategic investments in the transmission network to ensure future reliability, and all while operating within the constraints of a budget fixed following a tariff case presented to regulators.

 

This TSO is challenged to maintain operational efficiency in the short-term in order to continue day-to-day operations within the existing budgetary, regulatory, and environmental constraints. At the same time, the shifting energy market, the arrival of distributed energy resources, and the need to incorporate renewables into a grid built in the middle of the last century demand a long-term vision.

Main Benefits

Unlimited Simulations

Unlimited Simulations

Design and simulate unlimited scenarios in order to identify the optimal business plan for the short and long-term
Transparency

Transparency

The impact of every choice is laid clear and there are no hidden or black-box calculations.
Sensitivity Analysis

Sensitivity Analysis

Test robustness to unexpected events in order to mitigate risk and optimize your business plan
Solution

Solution

With Cosmo Tech Asset a realistic Enterprise Digital Twin of the TSO’s network was deployed. This Enterprise Digital Twin included all elements of the network including:

  • Transmission lines
  • Transmission towers
  • Electricity sub-stations

 

In addition, the Enterprise Digital Twin modeled:

  • Human resources, including maintenance teams, their skill sets, and their geographical distribution
  • Constraints, including environmental, budgetary, and regulatory limits and rules
  • Geographical and climate-related impacts on the TSO networks

Using Cosmo Tech Asset the TSO was able to develop a strategic business plan that achieved short-term operational efficiency while also ensuring that the long-term viability and reliability of the network in the face of significant constraints.

 

When making its case for a new tariff to national regulators, the TSO was able to justify their strategy by pointing out the impacts of their strategic choices, the sub-optimal performance under tariff conditions different to those requested, and transparently explain why their proposed business plan was best.

In the past a tariff case has been a negotiation with assumptions about future needs and the impacts of choices relying on estimates and expertise. Today, Cosmo Tech’s Enterprise Digital Twin means we can simulate any future scenario and prove to regulators why the case we are making is the optimal one.

Results

Results

With Cosmo Tech Asset our client was able to produce and defend an optimized strategic business plan that assured short-term operational efficiency as well as long-term robustness and reliability. Thanks to our Enterprise Digital Twin our client could:

  • Simulate their entire network including physical assets, human resources, and business constraints
  • Understand the impacts of each and every choice on the reliability of their network
  • Build an optimal strategic business plan that ensures short-term and long-term robustness
  • Justify their strategic choices to external stakeholders and regulators in a tariff case

 

Unlike traditional or competing approaches, Cosmo Tech Asset allows the client global visibility on their network and its current and future challenges.

Solution Overview

Cosmo Tech Asset, our Enterprise Digital Twin for asset-intensive industries, is designed for enterprises seeking to optimize their operational efficiency, strategic planning, asset management, and asset performance. It offers
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