Clarity in

decision making

Asset management software
for green energy systems

Explore Asset Life

Forecast & Investment

  • Create long-term investment plans that minimize financial risk
  • Decisions that reduce CAPEX by 35%
  • Maintain and improve network reliability
  • Optimize within budget constraints
  • Make and compare future scenarios
  • Integration with GIS and metering databases

Maintenance & Planning

  • Mobile application for registering all asset replacements, repairs, and inspections
  • Insights that reduce OPEX by 25%
  • Resource planning with GANTT overview
  • Easy access to instructions and data manuals
  • Integration with ERP and GIS systems
  • Aligned with DS/IN 13306 and ISO 9001 standards

Reinvestments

  • Open-source risk assessment software for regulators and data scientists
  • Algorithms for probability of failure, consequences of failure and risk matrices
  • Weibull analysis on failure statistics
  • Train probability of failure models on new data and create new asset categories
  • Aligned with ISO 55000 standards

We work for

What’s New

9 August 2022

CNAIM 2.1 with Danish assets now freely available

In 2021 Ofgem (Office of Gas and Electricity Markets, the regulator in Great Britain) released the new updated CNAIM 2.1 version. In short CNAIM is an asset failure risk assessment model following the ISO 55000 standard based on the United Kingdom’s electricity distribution.

4 July 2022

Veksel A/S invests in Asset Life

Veksel A/S who operates the electrical grid of Langeland, has purchased Utiligize’s Asset Life platform, in particular the Forecast & Investment tool to optimize investments to efficiently expand the grid.

16 June 2022

New Team Members

We are very happy to expand our team and are welcoming Daryna Shybaieva, Kenneth Røsland Rosenørn, Sergey Klyapovskiy, Kristian Thy and Jens Knudsen to Utiligize. Daryna or ‘Dasha’ comes with unique experience from Ukraine where she led a team of GIS professionals, IT development- and IT infrastructure teams and is our infrastructure engineer.

18 May 2022

Utiligize chosen for Flexibility Heat Grid pilot

There is great potential in increasing the efficiency of district heating consumption-, distribution- and production by managing district heating users’ consumption more intelligently. Optimized control of district heating units can improve energy efficiency in households and provide better cooling of the return temperature in the district heating system, thus reducing heat loss.

10 May 2022

New investors support Utiligize

Eviny Ventures – a subsidiary of the Norwegian energy company Eviny – plus the privately owned Danish venture fond, 2L Holding, buys equity in Utiligize of close to 2M€, securing an ownership of approximately 11% each.

22 April 2022

Can Denmark's high voltage grid handle a quadrupling of wind and solar?

As electric utilities plan for a tsunami of electric vehicles and heat pumps, and a fresh boom of onshore wind and solar farms, it is interesting to look at the grid’s basic features: value and age.

2 February 2022

OPEX savings with Asset Life

Electric utilities are under enormous pressure to modernise their business practices and support electricifcation of transport, heating and industrial processes. At Utiligize, we optimize daily operations through data-driven decision making and present it to users through an intuitive dashboard and mobile app that provides task management, time registration, document management and a form-building tool.

9 December 2021

TREFOR selects Utiligize’s Asset Life to monitor and predict grid loading

Danish version here (Dansk version her). TREFOR El-net has chosen Utiligize’s software, Asset Life, to provide a complete overview of their current network loading and forecast of future loading considering different green transition scenarios.

18 October 2021

No green transition without controlling losses

At Utiligize, we’ve spent the last couple of years fine-tuning our asset management software to minimise costs for utilities. Losses are a key driver of costs, whether you operate a gas, water, heating or power network.

21 April 2021

New study on the impact of electric vehicles and heat pumps on the grid

The Danish Energy Agency today published our report on how distributed energy resources (DERs) like electric vehicles (EVs), heat pumps and solar panels will impact the distribution grid in Denmark.

23 June 2020

Open Source CNAIM for R

The green transition will require significant investment in utility infrastructure. Many countries have restrictive income caps or fixed tariffs that do not allow for investment to support the electrification of transport, heating and agricultural processes.

6 January 2020

Where, When, and How Much Should We Invest Through the Green Transition

This white paper discusses a data-driven approach to investments, maintenance and containing risk, using forwarding looking asset management for utilities. Download a copy here.

12 August 2019

Forecasting distribution grid flows using smart meter data

We are extremely proud of Jules Truong, who finished his Master Thesis under Utiligize’s and Professor Pierre Pinson’s supervision. He applied machine learning to forecast production and consumption on Evonet’s (now merged into N1) network – from high to low voltage.