Olivier Grabette, Deputy CEO of Europe’s largest electricity TSO RTE, understands the impact that Enterprise Digital Twin technology can have on strategic asset management.
“Using Cosmo’s approach and their platform we were able to simulate different strategies,” he explains. “We were able to reduce by 10 to 15% the number of conflicts between resources.”
For a business that is set to invest €33 billion in its 100,000km transmission network over the coming 15 years, such savings are significant and point to the value of simulation analytics for strategic asset management.
“Using the Cosmo approach we are able to simulate hundreds of scenarios and compare different strategies,” he adds. “Our first results show that we will be able to optimize by more or less 10% the cost of asset management with the same result of service for our customers.”
With help from Cosmo Tech, RTE has been able to develop an optimized, transparent, and justifiable tariff case to stakeholders, including the national electricity regulator.