August 14, 2013
The talk of smart grid is a future plan that is on the map. The intensity of an energy mix and connectivity will be driven by data. The tools to extrapolate real-time data will drive the grid making it smart. The smart gird connectivity can harness potential efficiencies across platforms and systems to push energy across lines for optimal control. The appreciation of the developing “Smart Grid Data Analytics for Grid Optimization” is opportunity to harness energy performance that to date do not exist.
Digital Journal reported, “Data analytics using real-time and/or historical data from smart meters, grid sensing devices, and asset monitoring data can improve the return on smart grid investments by enabling grid operators to optimize transmission and distribution (T&D) networks and asset performance – including outage and restoration management, transformer load and asset health monitoring, load balancing, and integration of renewable energy.”
“However, technical challenges with the volume, variety, and quality of data being generated, as well as organizational challenges, must be addressed before operators can rely on analytics to guide decision-making.”
“Many utilities are taking a cautious approach, adopting data analytics technology on an application-by-application basis. To date, smart meter installations have been the primary driver for data analytics, but accelerating deployments of distribution automation and network management technologies will provide further opportunities for grid optimization analytics. Navigant Research forecasts that worldwide spending on grid optimization analytics solutions will grow from $706 million in 2012 to $4.3 billion in 2020.”
The complexity is organizations attacking data at its source level is one filter of information. The tip toeing through the data is being staged for a problem in the short-term future. The rush of data or the proverbial data avalanche’ is set to be a cyclone in which companies will fail by the data they seek to ignore strategically.
Organizations especially knowledge centers such as, IT when guided to become integral to all departments and more so, synthesized can aid in the data exploration that syncs to the pending smart grid.
- EnergyCAP Bucks Trend As Top Ten Enterprise Smart Grid Leader (prweb.com)
- Oracle Study Says Utilities Not Seizing Smart Grid Data Potential (environmentalleader.com)
- Documentary looks at possible problems with smart grids (oneworldchronicle.com)
- How ‘smart grids’ help blackout-proof the power game (cbc.ca)
- And the Winner is… GE’s Grid IQ™ Customer Experience Center (sys-con.com)