Smart Grid is Data Centric

smartgrid2

August 14, 2013

By Dr. Tyra OldhamLANDsds Sustainable Voice News

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.

The task is to assemble strategic plans around data, intelligence, sustainability and resources clears the lens for a more in-depth picture on managing the complexities that are presented today.

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Posted in Big Data, Business, Economics, Energy, Energy Efficiency, Energy Investment, Infrastructure, Innovation, Organizational Change, Renewable Energy, Renewables Alternatives, RESEARCH, Smart Grid, Sustainability, Sustainability Nexuses, Technology

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