Global energy providers are adopting modernized grids integrated with hardware and software innovations to ensure a smarter, faster, and efficient solution for achieving the growing energy demand. These smart grids can be more easily installed and require less space as compared to traditional grids and can help ultimately reduce greenhouse gases and pollutants.
With the advancement of smart grid and its components, a technology was needed to interact these components in an efficient, reliable and in more smart way. IoT holds the potential to full fill all these characteristics taking smart grid into new era. IoT allows customers a flexible and easy interaction with the grid in order to reduce cost by diagnostics and neighborhood-wide meter reading capability. Smart grid also offers electric vehicles a flexible energy source. Smart meters can help in implementing smart scheduling to optimize the available power in the grid. In a smart grid, a large amount of data is gathered from different sensors, wireless transmission and communications is accumulated. All this data from generation to utilization is used by different algorithms to forecast and helps in recognizing the pattern of power utilization. This will be ultimately useful for achieving a smart energy management system.
At this juncture, there are a wide variety of solution providers entering the industry with a set of advanced smart grid solution offerings. To help companies navigate through the best-of-breed smart grid solution providers, Utilities Tech Outlook has compiled a list of ‘Top 10 Smart Grid Solution Providers– 2020.’ The enlisted organizations offer smart grid solutions that increase the efficiency, reliability, and sustainability of electricity distribution systems. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.
We present to you Utilities Tech Outlook’s, “Top 10 Smart Grid Solution Providers – 2020.”