Elia Group Selects Copperleaf for Project Portfolio Management and Asset Investment Planning and Management
Vancouver, BC, July 16, 2019—Elia Group has selected the Copperleaf Decision Analytics Solution to improve its Project Portfolio Management (PPM) and Asset Management processes.
The Elia Group encompasses two major European transmission system operators (TSOs): Elia System Operator S.A. (Elia), Belgium’s TSO, and 50Hertz Transmission GmbH (50Hertz), one of four TSOs in Germany. Implementation of the Copperleaf solution will occur in two phases, beginning at 50Hertz, and followed by Elia.
“We are delighted to add another of the top utilities in Europe to our growing list of customers,” commented Judi Hess, Copperleaf CEO. “Copperleaf’s sophisticated optimization and scenario capabilities will empower Elia Group to evolve to a continuous planning and management approach where performance can be continually managed to drive optimal investment decisions and business results.”
“We’re excited to work with forward-thinking operators like Elia and 50Hertz who recognize the value of improving their portfolio management and decision-making processes,” added Stefan Sadnicki, Copperleaf Managing Director, Europe. “The Copperleaf solution will provide Elia Group with a platform to manage investments through their full lifecycle, and develop risk-based asset management plans that ensure the reliability of their entire transmission system.”
Copperleaf provides decision analytics to companies managing critical infrastructure. Our enterprise software solutions leverage operational and financial data to help our clients make investment decisions that deliver the highest business value. Copperleaf was recently named one of Canada’s Best Managed Companies and winner of Canada’s Most Admired™ Corporate Cultures. In 2018, Copperleaf made the Growth 500 ranking of Canada’s Fastest Growing Companies for the fourth consecutive year, as well as the Deloitte Technology Fast 500™ ranking of the fastest growing tech companies in North America. Copperleaf is a member of The Institute of Asset Management (IAM) and actively participates in shaping the future of asset management standards, including ISO 55000. Headquartered in Vancouver, our solutions are distributed and supported by regional staff and partners worldwide. We are committed to building a better world, one decision at a time.
50Hertz is responsible for the operation, maintenance, planning, and expansion of the 380/220 kV transmission grid throughout northern and eastern Germany. The grid covers an area larger than 109,360 km² and runs a length of approx. 10,000 km. 50Hertz is the technical backbone that reliably supplies power to around 18 million people – 24 hours a day, 7 days a week, 365 days a year.
Elia is Belgium’s high-voltage transmission system operator (30 kV to 380 kV), operating over
8,600 km of lines and underground cables throughout Belgium. Elia plays a crucial role in the community by transmitting electricity from generators to distribution systems, which in turn deliver the electricity to the end-consumer. Boasting a pivotal location in Europe, Elia is also a key player in the energy market and the interconnected electricity system.
For further information, please contact:
Copperleaf Technologies Inc.
Email: Media Relations