Opus One Solutions

Opus One Solutions, now a part of GE Digital, operates as a software engineering and solutions company focused on the energy sector. The firm was established in 2011 by Joshua Wong, who served as its President and CEO. Wong's background is rooted in electric power engineering, with extensive experience in the cleantech industry, including roles at Toronto Hydro where he led the smart grid team and developed a 25-year roadmap. This deep utility sector experience directly informed the creation of Opus One.

The company's core business revolves around providing software that helps electric utilities manage the transition to a decentralized and decarbonized power grid. It targets utility companies, enabling them to optimize energy planning, grid operations, and market management. Revenue is generated through the deployment of its sophisticated software platform, which helps clients integrate a growing number of Distributed Energy Resources (DERs) such as solar, wind, and energy storage, into their existing infrastructure.

The flagship product is a software platform named GridOS®, now known as Opus One DERMS following the acquisition. This platform provides a model-based, real-time representation of the electrical grid, often referred to as a digital twin. Key features include dynamic topology processing to adapt to real-time changes in the network, advanced analytics to determine the value of distributed energy resources, and the management of complex power flows. A significant benefit for utilities is the ability to unlock greater capacity for renewables on their current systems, potentially increasing hosting capacity by up to 40% compared to traditional methods. The platform is designed to be modular and scalable, integrating with a utility's existing data systems to enhance operational decision-making. In December 2021, GE Digital announced its acquisition of Opus One Solutions, a transaction valued at approximately $68 million. This integration combined Opus One's renewable energy planning software with GE Digital's broader network management portfolio to create a comprehensive end-to-end solution for modernizing the grid.

Keywords: Opus One Solutions, GE Digital, Joshua Wong, GridOS, DERMS, smart grid, utility software, energy transition, distributed energy resources, grid management, electricity grid, energy planning, grid optimization, cleantech, transactive energy, renewable integration, power flow modeling, digital twin, grid modernization, energy software