RAJ REPORT

Electricity of the future –SMART GRID—This opens up for the creation of, for example, virtual power plants where a solution of equipment and software from, say, Siemens can match buyers and sellers of electricity. Managing the vast amount of data that will flow through the smart grid will be a challenge that requires significant investment.

Leave a comment


 

The smart grid is to a great extent about information management. You gather live data on the ebbs and flows of electricity in the grid and use software to optimise the allocation of the energy in the system. With the smart grid, decentralised generation, mobile consumers, prosumers and renewables, supply and demand data that has historically been captive to the traditional power-generating utilities and grid operators will be made available to third parties, such as the equipment suppliers. This opens up for the creation of, for example, virtual power plants where a solution of equipment and software from, say, Siemens can match buyers and sellers of electricity. Managing the vast amount of data that will flow through the smart grid will be a challenge that requires significant investment. As mentioned earlier in this document, our colleagues in the utility team believe the European smart grid is a EUR 290bn capex opportunity. There is little doubt in our mind that Siemens, ABB and Schneider Electric will look to capture a significant proportion of that revenue opportunity

 

 

 

 

knowledge.neri.org.nz/assets/uploads/files/270ac-d1V0tO4LmKMZuB3.pdf.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s