Aspen Technology Announces Receipt of Unsolicited Acquisition Proposal from Emerson

As grid complexity accelerates with DERs, renewables and bidirectional power flows, utilities like Ameren and TenneT are turning to standards-based network model management to replace manual, siloed processes with a single, continuously updated source of truth for grid data.

In complex, integrated and dynamic industrial systems, decisions made during design, operations & maintenance and supply chain planning can significantly impact business performance.

The world’s power grids must keep pace and expand rapidly.

AspenTech’s Digital Grid Management team and Portland General Electric (PGE) have partnered since 2006 to ensure reliable, safe and advanced real-time operations of PGE’s electric grid serving over 1.9 million people with over 21 MW-hours generated and delivered across 1,250 miles of transmission line and 28,800 miles of distribution line.

The value of using CIM as a standardized framework for communication between different utilities.

We are committed to operating in the most responsible way possible — and enabling our customers to do the same.

Generate cost estimates for small capital and maintenance projects.

Maximize project profitability by comparing cash flow and operating cost of competing technologies during conceptual design.

Estimate capital expenditure from concept to detailed design. Aspen Capital Cost Estimator delivers fast, reliable project budgets for engineering teams.