Copperleaf Technologies Inc. announced the selection of its asset investment planning and decision analytics solution by two of Energias de Portugal's (EDP) distribution businesses, operating in Portugal and Spain. E-REDES Portugal has selected the Copperleaf solution to manage its ageing asset population, boost transparency into its planning process, and secure the long-term resilience of the network. The electricity distribution system operator serves more than 6,5 million customers across mainland Portugal, spanning a network of 228,000 km.

The objective of this transformative project is to enhance asset management strategies in order to effectively handle the temporal progression of asset failure risk, stemming from the anticipated deterioration of their condition. This will facilitate the development of modernization strategies that, in combination with other investment drivers such as digitalization, electrification, and decarbonization, will form the multi-year investment portfolios. Leveraging the copperleaf tool, E-REDES will refine and fine-tune these portfolios, ultimately delivering greater value for all stakeholders.