LF Energy Summit 2024

We are in the midst of a major transition from fossil fuels to cleaner sources of energy. To make this transition possible, we need to perform a staggering number of calculations, but the methods and tools that are commonly used are sorely lacking. The interoperability of tools has become the bottleneck in energy infrastructure decision-making. The stakes are too high to continue with business as usual. At Redeia, we have adopted and developed open source calculation software to create more streamlined calculation processes and drastically reduce the time it takes to adopt new innovations. This talk will cover the journey from the creation of the GridCal open source project from scratch to its use as the main driver for modernizing the power system calculations and software ecosystem at a leading transmission system operator, helping to reduce the risks associated with the energy transition. The talk will discuss the economics of open source development in energy as well as the KPIs and management techniques that make it possible.