As utility companies continue to track usage, consumers are growing equally cognizant of individual energy use as well, especially with the growth of private alternative energy practices such as home solar panels or wind power. That’s why this week’s IIoT top news is focused on the utility technology of tomorrow. This practice of selling privately generated energy back to the smart grid is in its infancy, but consumers now expect device connectivity to track, say, the amount of energy used by lights or the refrigerator during nighttime, off-peak hours. Because of that, the onus lies on utility companies to gather data and deploy advanced analytics that can be translated into relevant information for the average user.
Now, February may have started out cold for some of us, but it is about to heat up down south with the Distributech conference in Orlando, Fla. This annual utility conference attracts over 11,773 attendees from 67 countries with 400 utilities, 480 plus exhibitors, 81 conference sessions and over 350 speakers.
In lieu of this conference next week, we have decided to focus this week’s IIoT top news round-up on utility technology. Hope you enjoy this week’s round-up, and as always tell us what we missed!
2016 Power and Utilities Industry Outlook (WSJ)
In the 2016 industry outlook for the power and utilities, it is clear automation and optimization will sprout more technologies for the industry advancement. John McCue, the U.S. Energy & Resources leader at Deloitte LLP believes that “Exponential technologies are accelerating the transformation of the power and utilities industry. Sector companies can respond by being open to change, assessing the potential benefits, and considering where and how to apply these emerging technologies.”
Ten Energy Efficiency Predictions (Energy Digital)
This list of top ten energy efficiency predictions has been gathered together by a team of experts to clearly forecast the future of energy and utilities. Energy Digital reports, “Digital marketing and marketing technology means utilities can do more with less and deliver tailored messaging based on the their consumer’s past experience with them, specifically past engagement with energy efficiency.”
Tech Trends That Will Impact the Utility Sectore in 2016 (Huffington Post)
The tech trends impacting utility in 2016, will be based on reliability and proven technology that will move them into the next era without missing a beat. Seyi Fabode with Asha Labs thinks that the utility industry is unmatched in it’s reticence “in adopting innovative technology. Despite its reluctance, the industry inevitably adopts the technology it resists.”
As Water Utilities Move Online, Hackers Take Note (Governing.com)
A recent report by the Department of Homeland Security indicates hackers are moving into the digital water utilities world. Tod Newcombe with Governing states, “Water utilities have in recent years — like pretty much everything else — become more reliant on the Internet to operate its networks of pipes and pumps.”
Driving Battery Storage IoT, Electric Transportation Mainstream (Green Biz)
The forecast of the next five years shows and increase in the use of the Internet of Things (IoT), which in turn is driving more battery storage for electric transportation in the energy industry. According to Barbara Grady with Green Biz, “Battery storage is changing the utility sphere by enabling solar plus battery systems to replace grid supplied power on residential and commercial buildings and by enabling micro-grids as a substitute to grid connection.”