Skip to main content
News Tech Supply

Conrad Energy acquires SCADA software company TGG Solutions

Conrad Energy currently uses TGG Solution's iON SCADA system to communicate with its assets. Image: Conrad Energy.

Conrad Energy currently uses TGG Solution's iON SCADA system to communicate with its assets. Image: Conrad Energy.

Independent power producer (IPP) Conrad Energy has acquired flexible power software provider TGG Solutions.

Conrad Energy – a portfolio company of I Squared Capital which itself focuses on flexible generation, with over 600MW of generation across 45 sites in operation – currently uses TGG’s software solutions to manage its power assets.

TGG’s flagship product iON is used as its main Supervisory Control and Data Acquisition (SCADA) system, which connects Conrad Energy’s commercial desk to the sites that it manages, communicating in real-time with the assets.

This will now be combined with the IPP’s own inhouse algorithmic trading and asset management capabilities.

“The acquisition of TGG will allow us to move quickly towards our goal of market-leading sophistication in the management of flexible power generation, renewable energy and battery storage assets, whether connected to the grid or directly to our customer’s sites,” said Damian Darragh, executive chairman at Conrad Energy.

“With the TGG team joining the business, we will be well equipped to build further upon our approach of end-to-end process automation for system forecasting, decision making, order placing, dispatch and asset monitoring.”

Conrad Energy now has a pipeline of 200MWh of battery energy storage developments, as well as one 40MWh battery asset in operation. In 2021, it was selected by SP Energy Networks to provide reactive power to solve network constraints, in what it said was a UK first.

TGG co-founders Chris Cody and Rhys Kirk said: “Conrad Energy shares our vision that business success in the energy transition era requires state-of-the-art system design with algorithmic trading and machine learning techniques at the fore. We are delighted to be combining our companies to deploy the modern computing solutions that the power market needs.”

Loading...

End of content

No more pages to load