Turn challenges into opportunities

With the development of distributed power resources, the grid will need to adapt to the rapidly expanding and developing distributed power production, storage and consumption patterns. New digital software will need to keep pace with innovation in power generation systems.

The grid needs to steadily expand and upgrade its structure over existing capacity to eliminate single points of failure and accommodate the dynamic nature of distributed renewable energy. Traditional power grids are expensive to upgrade and lack common digital solutions for transmission and distribution management. When designing the underlying architecture of the solution, the proliferation of AI solutions must be considered to further optimize and protect the grid.

As power distribution systems become more complex, traditional approaches to reliability and failure prevention management may no longer apply. Digital technologies based on advanced data analytics and artificial intelligence will help operators respond quickly and efficiently to situations in different systems. A successful digital management system provides customers with a detailed, intuitive and comprehensive view of the operation of the distribution network.

With the advancement of digital technology, the use of distributed power to profit is becoming the focus of attention. This also allows distribution companies to profit from the operation, optimization, maintenance and pricing of distributed power supplies and storage. As vehicle battery capacity and performance improve, mobile networks can create revenue for businesses as a storage element connected to the grid.

When it comes to cybersecurity, choose a software vendor that has extensive experience in meeting standards, responding quickly, and updating systems for power providers.

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Microgrids have become an important area of investment to fill regional gaps while meeting the needs of large power users, communities and localities and improving their reliability and security. Effective digital solutions contribute to the efficient, optimized development and integration of microgrids into regional grids and to their development in a more coherent and intelligent manner, ensuring reliable supply through aggressive innovation and the adoption of new generation interconnect storage. In addition to battery storage, innovations such as the commercialization of hydrogen fuel cell storage can also be easily integrated.

Distributed generation in industrial facilities can also be electrified. Cogeneration optimizes the use of waste heat during power generation to supplement process heat. Using adaptive process control and digital twinning technology on process equipment can generate electricity in an optimal manner and predict available power consumption. As a key technology in this field, digital software helps to promote cogeneration in a wider range of industrial entities, including advanced process control for energy management, power facility optimization and self-maintenance.

Digital technologies can drive innovation and proactive planning in distributed generation, batteries, storage, and integration to address the risks posed by an increasingly interconnected grid. Artificial intelligence, advanced analytics, and system risk analysis are critical to understanding and planning complex systems. Digital models that employ rigorous mechanisms to model and select new battery chemistry and industrial-scale fuel cells play a key role in enabling an ecosystem of startups and innovators.

Energy management and others

Electrification will play an important role in the transition of process industries to low carbon. In the future, transport fuels will gradually be replaced by new sustainable materials, and the value of microgrids in the energy management of industrial sites will become increasingly prominent. Industrial power producers need to link renewable energy in the electricity consumed and generated on site to the associated carbon footprint benefits; Producers need to optimize power generation to meet process energy needs.