In the policy arena, while state mandates such as Renewable Portfolio Standards and federal renewable tax credits have underpinned the clean energy transition to date and will likely evolve further in 2022, we’ll also be watching the potential impact of additional federal policy, investment, and regulatory support. In our annual power and utilities industry outlook, we explore five trends that will likely impact the industry in 2022, from enhancing decarbonization and resiliency strategies, to deploying 5G and cloud technologies, to harnessing flexible load and supporting building electrification. Industry spending will likely remain high, and renewable penetration could accelerate further. We’ll be watching for technology deployments to advance and markets to evolve. To tackle this tall order, the electric power industry will likely continue to advance in its “3D” transformation: decarbonization, digitalization, and decentralization. In 2022, the tough challenges remain-boosting clean energy, ensuring reliability and resiliency, and maintaining security, while keeping costs down. IEC 61850 is a standard series which comprises specifications and technical reports for power utility automation including protocols, data models, and configuration aspects for use cases in substation automation, distribution automation, and between these entities including control centers. At the same time, unprecedented and unpredictable extreme weather events challenged the grid’s reliability and resiliency, and cyberattacks on critical infrastructure increasingly made headlines. As the US economy began to emerge from its pandemic-induced recession, electricity sales rose 3.8% through August 2021 over the prior year. Premier Automation has successfully provided advanced technologies necessary to maximize efficiency, reliability, and achievement in the energy and utilities industry. Indeed, McKinsey research shows that up to 50 percent of work performed today can already be automated with currently available technology. New industry regulations such as the EPA’s Clean Power Plan (CPP) regulation will require new industry investments in innovative technology. To transform into a smart, augmented utility that will prosper, organizations should focus on midstream and upstream activities and on new businesses, such as renewables and opportunities beyond the meter. Many translated example sentences containing 'power utility automation' French-English dictionary and search engine for French translations. Digitalization is the wave of the future for the energy and utilities sector. ![]() In 2021, the power and utilities industry tackled tough challenges, made measurable progress, and received clean energy encouragement from a new administration. Automation will drastically alter the way companies work, and this potential makes it a top priority for many business leaders. Energy and utilities digital transformation.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |