Digital software provides the foundation for wide-scale adoption of electricity as a power source but to maximise value from distributed power a reality, developments in digital software will be required.
by Ron Beck, Senior Director, AspenTech
As renewable energy sources play an increasing role in delivering our power needs, strict grid compliance and demand - supply issues have become a greater challenge, we look at the critical role of virtualization in addressing this. How can digital twins and virtual power plants be harnessed to help optimize multiple energy sources, maintain grid stability, and minimise energy wastage?
By Bernhard Loher, ABB Energy Industries.
KEPCO and Manikaran Power have signed an MOU by which they will acquire and operate stressed power plants in India.
Siemens has announced that it will equip Lalitpur Lower Generation Company, a Bajaj Group company, with advanced digital solutions for its power plant located in Lalitpur, Uttar Pradesh, in India.
Despite the large levels of investment in blockchain, the question remains: when will we see scalable, commercial blockchain solutions that can drive real value in the utility industry?
By Robert Schwarz, Principal Consultant, ÅF Pöyry
Siemens and TÜV SÜD are collaborating to provide digital safety and security assessment to address the growing risk of cyberattacks on critical energy infrastructure.
Siemens and Bentley Systems have announced a joint technology and service solution, consisting of their complementary offerings, to speed up digitalisation of power plants and provide intelligent analytics.
UK utilities know they must deliver more on customer service, efficiency and costs, but figures show that their efforts are stalling.
By Saul Zambrano, Global Industry Director for Energy and Utilities at Software AG
If you had to provide the documentation for any construction that your company has worked on, could you do it in 24 hours or would you be stuck paying daily fines until you could deliver what regulators say you should have on hand at a moment’s notice?
By John Nixon, Senior Director Energy and Utilities at Siemens PLM Software
Decentralisation – the transformation of the “one-way street” of energy into a multi-directional, multi-lane web – is nothing less than a revolution in how we generate, store, move, and consume energy.
By Darren Farrar, Energy Segment Manager at Schneider Electric