Smart Grid
Source to Socket: Enabling the intelligent energy infrastructure to meet the demands of the 21st century and beyond
Utilities worldwide are striving to operate more efficiently, reliably, and sustainably. They need to cope with increasing energy demands, public opinion, and to respond quickly to extreme weather events, malicious attacks and natural disasters. Today’s utilities are in the midst of a tremendous change in technology and operations from source to socket.
Spurred on by innovations in sustainable sources such as wind and solar power, the emergence of electric vehicles, new energy storage and micro grid technology, and by empowered customers who wish to take responsibility to manage their household energy, the Smart Grid represents a fundamental shift in the way most utilities operate.
Utilities need to do everything better, it is part of their culture and part of their promise to customers. As we integrate new technologies and balance economic choices around optimizing and operating a fundamentally different grid network than years past, As we look to the 21st century and how our grid will improve we need to embark on a journey today to implement the grid of tomorrow.
Smart Grid Benefits
The Smart Grid delivers benefits that are far reaching and long lasting, enabling a utility to:
- Increase Capacity
Generate, transmit, and distribute increasing amounts of energy through more efficient power production and delivery
- Increase Reliability
Anticipate and respond to system disturbances, performing continuous self-assessments to detect, analyze, respond, and restore grid components – decreasing the frequency and cost of interruptions and reducing the probability and consequences of widespread blackouts
- Improve Efficiency
Expose and eliminate waste and inefficiency from the system, reducing the cost to produce, deliver, and consume electricity
- Customer Enablement
Empower consumers to take active participation through increasing choices and interaction with the grid.
Ventyx and the Smart Grid
The Smart Grid is becoming a reality through technological advances and through the convergence of information systems and operational technology. Ventyx is uniquely positioned to enable utilities to enhance the reliability of the distribution grid, sustainably manage and maintain assets, while giving customers greater insight and control over their energy use, and environmental footprint.
Ventyx solutions cover all operational aspects required to build the Smart Grid, including support for all the commercial and retail operations required to deliver effective demand response programs, distributed energy management, renewable generation, SCADA / GMS/EMS / DMS, asset and work management, business analytics, and resource optimization.
Whether you are involved in the formation of a new smart city directive or simply trying to do more with less, Ventyx, an ABB company has solutions to help you deliver on your smart grid vision.
Next Steps