With lockdown and shelter-in-place being the new norm, utility companies are now looking fore newer ways to rearchitect and reinforce their transmission and distribution solutions. While the demand for industrial power supply is seeing a significant dip with the ongoing COVID-19 pandemic, there has been a steep hike in household power demands.
Keeping these challenges in mind, utility providers are revamping traditional distribution models. The rise of distributed energy resources (DER), in this regard, is continually gaining prominence. The increase of renewable energy sources to tackle electricity demand is making it imperative for utility companies to go ahead and invest in grid reinforcements.
Likewise, experts belive that incorporating digital innovation will bring unprecedented changes to the utility landscape; and AI, IoT, and predictive analytics, hold the key to solving numerous challenges encountered by the utilities. Together with that, a holistic approach to transmission and distribution management is capable of predicting the likelihood of surges in power consumption and adjust the transmission so as to prevent an untoward downtime.
Another crucial advancement in transmission and distribution solutions is the integrated weather forecasting features that is helping companies initiate precautionary measures and avoid power outages due to crippled energy storage and distribution infrastructure. Moreover, given the prevalence and impact of mobile applications, several transmission and distribution solution providers are now providing user-friendly apps with state-of-the-art dashboards to bring more flexibility to the handling of operations.
At this juncture, a wide variety of transmission and distribution solution providers are entering the industry with a set of advanced and integrated offerings. Utilities Tech Outlook has compiled a list of top 10 transmission and distribution solution providers to help utility companies improve their services and simultaneously enable growth in the industry. These companies have already amassed vast amounts of consumer data and have patented many sensing technologies that aim to disrupt the current utilities market. Besides, the magazine also includes 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 Transmission and Distribution Solution Providers – 2020.”
