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Prakash Chandraker
Latest Articles By Prakash Chandraker
Dream Big: Utility Efficiency In The Future
It is a fact that efficiency is a basic yet fundamental component of utilities’ future and the scope for improvements are all pervasive.
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How Utilities Can Use IoT Technology To Save Energy In The Smart Grid Era
3 ways to slash energy losses with connected technologies
Read MoreGrid Flexibility For The New Energy World
Plainly speaking, the grid is a dynamic network of electricity production, transmission, storage, and consumption that 85 percent of the world depends on. The grid was chiefly designed for continuous centralised power production, not for the variability of solar and wind power. To make the supply of electricity completely and dominantly renewable, the grid should be more flexible and adaptable than what it is today.
Read MoreHow Utilities Use IoT For Asset Management Efficiency
Once upon a time, utilities could guarantee the safety and reliability of the grid with limited asset information coming from substations, RTUs, relays, transformers, meters, and lines. The operation of the grid relied on an over designed system that allowed a large margin of error and strong redundancy.
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The Rise of Prosumers: Changing Paradigm In The Power Industry
For more than a century, the energy industry’s business model was static. There were power producers and consumers, period. Therefore, demand was quite predictable. Today, the emergence of ‘prosumers’ – power producers and storers/consumers themselves – has transformed the traditional model, leading to a two-way power flow.
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How IoT Is Powering The Energy Industry
IoT is making this happen now! For this, all energy equipment of the future will need to have system-on-chip technologies. Integrating energy, automation and software with connectivity promotes greater energy and process optimisation
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