Utilities are making progress with renewable and distributed energy. Early adopters are seeing tangible results from their investments. While hurdles exist, utilities are starting to see the advantages and potential that these technologies can yield. Change is coming, and today’s utilities are experiencing the leading edge of an electricity transformation, whether they are ready or not.
In smart city initiatives, electrification of the personal vehicle, fleet and mass transit sectors is becoming an important tool for city officials and utilities as they reimagine how people and goods move sustainably across the urban environment.
We are at the dawn of the Fourth Industrial Revolution, and the foundation of this new era is squarely built upon the success of the "digital grid." Today, grid modernization will involve three paradigms that will provide clarity to achieving an effective grid optimization strategy.
Asia experiences more natural disasters than any other region in the world. However, there may be a solution to help mitigate loss going forward - investing in and embracing emerging smart grid and microgrid solutions.
The waste-to-energy market has long been associated with incineration and, more recently, the process of anaerobic digestion. However, when it comes to turning waste into electricity, there is a new kid on the block: gasification.
Traditionally, mining companies have built their own infrastructure at greenfield sites, and due to necessity, constructed their own supporting “pit to port” infrastructure, including power and water supply schemes, roads and railways.
Owners of large infrastructure projects naturally try to off-load as much of the risk of the project as possible, but that also can significantly add to the overall costs. As an alternative, owners should examine ways to lower their costs by accepting some level of reasonable risk and working with high-quality EPC contractors.
Significant savings in expenses are possible for energy and water utilities once they are able to see deeply in their operational systems. That requires a data analytics platform designed to alert utilities to actionable decisions.