Smart Energy Technologies & Energy Storage
Erik Felt
Director, Market Development
Real-time Innovations
There is a global shift within the electric utility. Tried and true methods of monitoring and control of electrical/utility equipment (e.g, SCADA/EMS/DMS/etc) are being challenged by a myriad of new influences: Lower renewable energy costs, increasing consumer activism, changing government regulations, new and numerous (and often intermittent) forms of energy sources/generation – and more, are occurring at utilities on an ever increasing frequency. Traditional methodologies of monitoring/scanning devices on a second+ basis are quickly being stretched. While current implementations and capabilities are still suitable for much of what is needed today, the future “optimization/autonomy” environments require much faster response times in order to optimize energy flow. IIoT systems, deployed and proven in other industrial environments, are the solution to improving operations in the modern grid. This session is about existing IIoT standards and how utilities can benefit from IIoT practices – what they are, how they are used, why they matter, and how it affects the modern and future utility operations. Participants will learn about the required shift from centralized computing and device file centricity to ‘data centricity’ – an ecosystem where computing and connectivity is distributed among existing and new devices with security, publish/subscribe capabilities, and a myriad of Quality of Service (QoS) settings for scalable, optimized future grid operations.