Unleashing the Potential for Next Generation Grid Operations

By CIOReview | Tuesday, February 2, 2016

HALDEN/OSLO, NO: eSmart Systems and Greenbird have entered in a partnership agreement that will focus on unleashing the potential for next generation grid operations utilizing IoT, big data, and real time analytics.

Utilizing data from smart meters and smart grids will be crucial for improving grid operations. We are coming from a situation where utilities have limited information about the status in distribution grid, and entering a new paradigm with detailed and real time data from the distribution grid. Access to vast amounts of data from the distribution grid will enable services like predictive maintenance and self healing grids. “Cloud based solutions from eSmart Systems and Greenbird can offer services with instant improvements and cost savings on grid operations,” says Knut H. H. Johansen, CEO at eSmart Systems. The solutions from eSmart Systems and Greenbird have no legacy and are developed from scratch to harness the power of IoT, big data and real time analytics. “Utilities worldwide are starting their transformation towards becoming digital utilities. eSmart Systems and Greenbird can offer tomorrow’s technology today,” says Thorsten Heller, CEO at Greenbird.

Lower Time for Return on Investments in Smart Grid Technology

Utilities have complex value chains for handling smart metering and smart grid data. Today, acquiring new IT-systems for acting on smart grid data typically involves a large and custom integration project. With the integration service Metercloud from Greenbird, utilities can lower their time for return on the investment in smart grid technology. As a part of the partnership agreement, Greenbird will develop Metercloud connectors for the services from eSmart Systems. Combined with cloud based delivery models, utilities will have instant benefits from acquiring eSmart Systems’ grid operation solution. Metercloud will simplify the integration of the full value chain for acting on vast amounts of smart grid data, adds Heller.

Moving to Next Generation Grid Operations

The first step for utilities adopting smart gird technology is to automate certain functions for handling for example outages and voltage faults in the grid. “The next step is to utilize collected data for intelligent grid operations. Connected Grid from eSmart Systems offers tomorrow’s energy management solution today,” concludes Johansen.