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Utilities Tech Outlook | Tuesday, September 15, 2020
Modernized grids will enable the utility to ensure efficient transmission and distribution of energy.
FREMONT, CA: With an exponential rise in the electricity demands, it is unlikely that the conventional grid system will have much to offer. It is essential to modernize the current grid infrastructure with hardware as well as software to ensure a faster, smarter, and more efficient flow of electricity. Advanced grid research and development will enhance innovation and discovery in electric transmission while giving rise to new devices, tools, software, and techniques for the modernization of the grid. Considering the above set of expectations from the modern grid, here are the key trends that are powering grid innovation.
Grid Research and Development
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Grid research activities are intended to adopt and integrate the operations of advanced grid technology to modernize the existing electricity delivery network for improved connectivity and efficiency. The improved connectivity will enable various systems, applications, devices, and systems to be interoperable with each other. Such interoperability can be achieved by the combined use of open system architecture and commonly-shared protocols and technical standards for communication and information systems.
Microgrid Advancements
Microgrid research and development constitutes activities to enhance microgrid functionality as well as operations, including improvement and development of crucial microgrid components. The main advantage that accompanies a microgrid is that it can disconnect from the conventional grid to function autonomously. Such a capability will enable the utility firms to mitigate grid disturbances and strengthen grid resilience.
Energy Storage
The need for energy storage to complement modernized grids propels research in basic materials comprising an electrolytic capacitor, battery, and flywheel systems. The quest for improved storage capability also supports activities in modern grid component development as well as field testing of storage systems in various applications. Such research will reduce life-cycle costs, enhance performance, and minimize site issues associated with environmental impact.
Thus, the modernization of grids will address the future challenges associated with energy transmission and distribution.
See also: Top Utilities Tech Solution companies
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