Intelligent Grid Management

Intelligent Grid Management

Overview

Traditional energy delivery systems have been facing challenges delivering high-quality, reliable power, while meeting the market demands for keeping the rates low. These challenges are all the more amplified in areas of integrating renewable energy or distributed generation with the aging infrastructure. Technical loss or theft of power, unplanned outages, overload on transformers, and imbalance on circuits, equipment failure and resultant inconsistent power quality are causing energy companies worldwide significant financial losses. Minimizing carbon footprint, enhancing real-time/ near real-time operational intelligence to support advanced demand response, dynamic pricing, smart metering and micro grid implementations are gaining significant traction across the utilities value chain.

While upgrading to the modern grid and advanced distribution networks can help utilities address these challenges and critical business imperatives, companies continue to be slow in transforming operating technologies; As-is utilities network infrastructure and adopting Internet of Things (IoT)/ Machine-to-Machine (M2M) technologies due to operational constraints and lack of readiness. Being constrained by strong regulatory compliance and security challenges, there aren’t enough strong business cases and/ or ROI proof points to indulge disruptive transformations. Moreover, there is significant capital investment required to upgrade or replace the existing infrastructure and re align the operational environment to meet the new standards and business needs.

With all possible options of transformation through Smart Grid initiated, primary concerns to the stakeholders are:

  • How to ensure smooth transition and rapid time-to-value along the journey?
  • How efficiently the advanced infrastructure would ensure a seamless OT and IT convergence to address the current and future needs?
  • How such upgrades help utilities to derive actionable insights, remote intelligence to aid reactive operational efficiency in the long run?

Slowly, though, utilities companies worldwide are moving towards smart grids/ advance automation to manage utilities assets and distributed generation infrastructure, rolling out smart meters. But most of the global utilities aim to maximize efficiency of the existing infrastructure and create new insights as the stepping-stones towards next generation energy management. In the near future, the smart grid and advance resource monitoring platforms would integrate with infrastructure and operational environment seamlessly, develop actionable insights and enhance context awareness and collaboration among systems, processes and user groups – treating regulatory compliance, simplicity and cost reduction as the top priority.

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How Ranial Can Help

Enabling real-time machine-human collaboration through our unique M2M, HPC and actionable analytics convergence platforms and workflows toolkits.

Ranial’s cognitive intelligence platform provisioned for utilities operates on three layers of service integration: Aggregate>Access>Act. Within the space of ‘build vs. buy’ polarization, our system can deliver need-based frameworks to ensure flexibility, better risk mitigation strategy, improved time-to-value and speed-to-market through an incremental realization of ROI and new way of doing things.

Ranial’s intelligent grid management and utilities asset monitoring systems complement existing utilities network with intelligent communication and integrate data captured from discrete energy equipments, SCADA, DMS and control systems. The platform can be customized based on   management strategies, market development plans, technology landscape, and R&D initiatives to realize the smart grid management services through real-time collaboration of OT and IT. We ensure an open and flexible integration and infrastructure (AS-IS & To-Be) preparedness. For the mid-market segment, the platform can be provisioned as subscription-based model (SaaS) hosted and managed by Ranial.

Ranial’s intelligent grid management system can help energy companies:

  • Monitor the health of the grid infrastructure and predictive maintenance
  • Locate damage to assets
  • Detect power outages
  • Manage distribution automation and demand response programs,
  • Isolate failures and address them
  • Predict future demand Improve delivery

Want to know more, check our industry details section!

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