The POWER Interview: A Marketplace for Energy Collaboration
The post The POWER Interview: A Marketplace for Energy Collaboration appeared first on POWER Magazine.
The digitization of power generation is among the technology advancements transforming the way electricity is produced and distributed. Utilities have always sought ways to improve the efficiency of their operations, along with lowering the cost of maintenance while streamlining asset management.
The digital transformation has brought numerous challenges, as utilities seek to upgrade their legacy thermal generation while at the same time integrating renewable energy resources into their fleets. The advent of decentralized, distributed power generation also has brought digitization to the forefront, particularly as companies work to improve the quality of the data they’re gathering from their power plants, and figure out how to access and use an ever-larger quantity of information about how their assets are operating.
Awesense, a Vancouver, British Columbia technology group, is among the companies working to help power generators integrate digitization into their operations. The company’s Digital Energy Platform, “a digital twin-based energy analytics platform that allows utilities to scale at the same pace as the rapidly changing technology landscape of the energy grid,” is designed to support energy providers at a time when changing business models have become a constant in the industry.…