How to Get More from Your Smart Grids by Harnessing Data?

The future of the world is digitalization. Scientific technologies and innovations are actively paving the way for digital advancements. Every section of our society benefits from the wide range of digital solutions available to us. This article will be focussing on smart grids and how you can use them optimally by harnessing data. Let us start by understanding the meaning of smart grids and how they are different from the traditional, electric smart grids.

A smart grid is an electricity network used for supplying energy from the power plant to all the consumers in society. It includes a variety of energy measures and operations like circuit breakers, advanced metering infrastructure, load control switches, renewable energy systems, and more. And how are smart grids different from traditional electric grids? In simple words, like every smart equipment, smart grids are also self-sufficient and independent in their functioning. Moreover, they allow two-way digital communication and enables consumers to be active communicators in the process instead of being stagnant and passive consumers. So now, coming back to the question—how to get more from your smart grids by harnessing data?

Data is the core component of digital transformation as new technologies carry a massive amount of critical data and information. Therefore, utilities have to develop innovative solutions like advanced analytics that will expand and maximize the value of all the collected information. This is imperative because electricutilities use all the optimized data to make smart decisions that affect all the operations, from grid management to asset management. Most importantly, the Internet of Things (IoT) carries the massive potential to help utilities by improving the integration process and managing smart metering. Given below are some of the many divisions where utilities are getting a major boost from the data capabilities of several technologies:

  • Smart Metering: Smart metering helps customers reduce their power billsby introducing strategic ways of energy consumption. Data smart meters assist utilities in taking advantage of the bidirectional communication of the meter by enhancing outage management, predicting the consumers’ energy consumption, cutting back manual readings, and improving voltage control.
  • Smart Grid: It is important to take note of the fact that if a smart grid is functioning optimally, it will produce a huge amount of data. This data is acutely analyzed by a professional team as it provides accurate insights into the functioning and management of the smart grid. It also lets the operators know where change or up-gradation is required, making way for fault detection, network resiliency, improved safety, better situational awareness, and overall efficiency
  • Asset Strategies: Several utilities use analytics in order to transform basic data into insightful information. This enables utilities to make smart operational decisions regarding their current infrastructures and ensures consistent maintenance of the overall operations.
  • DER Management– A lot can be done with the data that is collected by the system. For example, it can be considered to determine how to maintain a perfect balance when it comes to distributed grids. Additionally, data can also be used to ensure smooth operations of the overall system.

However, it is important to leverage the services of expertprofessionalswho hold adequate knowledge about installing and maintaining smart grids. Collaborating with a leading service provider will be beneficial as they carry all the necessary tools and resources in the installation process. In addition, they will just be a call away if you need help through any hazardous or complex situation that might require expert supervision of skilled technicians.

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