Rueil-Malmaison (France), November 6, 2014 – Schneider Electric has signed a contract to supply SEV, the main energy supplier in the Faroe Islands¹, a new integrated solution for the complete management of the island’s electrical network for generation, transmission and distribution operations. SEV must deliver continuous, stable and inexpensive electricity to the island’s inhabitants, while transitioning to a higher renewables model, reducing its diesel-dependency and maintaining grid security and stability.
Starting in November 2014, Schneider Electric will deploy their complete suite of advanced software applications for microgrids including SCADA, Advanced Distribution Management System (ADMS), Power Plant Controller and Weather Forecasting Systems built on DONG’s existing PowerHub system. The PowerHub creates an optimized energy management program for the main island’s local generation and demand response facilities. In December 2013, Schneider Electric and Dong signed an agreement to enable network operators of remote island grids to increase their share of renewables and maintain grid stability.
Mr. Hákun Djurhuus, Managing Director of SEV stated “This first-of-its-kind project will allow SEV to optimize generation and network assets, increase share of local renewable generation to 80% before 2020 by transforming the Faroes’ powerful natural energy resources into clean and affordable energy that will serve the local community.”
Frederic Abbal, Executive Vice-President Energy Business at Schneider Electric added “This suite of integrated applications will build an efficient and sustainable microgrid for SEV improving the planning of local renewable generation facilities based on real-time weather forecasts and asset management to match production plans with actual needs.”
In November 2012 the Faroe Islands became the first place in the world where a virtual power plant was used to recreate balance in an island power system by decoupling large industrial units in less than a second from the main power system, thereby avoiding blackouts. SEV and DONG Energy demonstrated that Power Hub’s capabilities are an important step towards a new energy future, where renewable energy sources will play a much more prominent role.
¹ The Faroe Islands are an archipelago within the Kingdom of Denmark between the Norwegian Sea and the North Atlantic Ocean. The total area is 1,400 km2 with a population of 50,000 and with a current installed renewable generation capacity of 60 MW from hydro and wind resources totaling almost 60% of the island’s power production.
About Schneider Electric
A global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in Utilities & Infrastructures, Industries & Machine Manufacturers, Non-residential Buildings, Data Centres & Networks and the Residential sector. Focused on making energy safe, reliable, efficient, productive and green, the Group’s 150,000-plus employees achieved sales of 24 billion euros in 2013, through an active commitment to helping individuals and organisations make the most of their energy.