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Digital Utility Roundup: Recent Must-Read Posts From Fellow Community Members

image credit: Photo 104555375 © Maciek905 | Dreamstime.com

Greetings Digital Utility Group members!

The coronavirus pandemic might be holding many business initiatives back, but the digital revolution in the utility space is moving forward at full steam. Your fellow community members are tracking the progress of innovative technologies like blockchain, smart meters, and digital twins. To learn from their expertise and insight on these and other pioneering developments, follow the links below. And, remember, your comments are always welcome.

Happy reading from Energy Central Community Manager Karen Marcus.

Can Blockchain-Enabled P2P Trading Work Successfully? A Software Company in Australia Conducted a Trial to Find Out

By Rakesh Sharma, posted on August 5

Australian company Power Ledger’s recent report about its energy trading trial bridges the gap between theory and practice. Here, Raskesh observes that — despite the promise of peer-to-peer (P2P) energy trading — the report reveals it still has a way to go before becoming a reality in energy markets.

The Solar Sector Must Accelerate Digitalization to Support Industry Expansion

By Constantinos Peonides, posted on August 3

Image Credit: https://pixabay.com/photos/photovoltaic-system-solar-2742302/

Solar is a rapidly growing form of power generation, but the acceleration of digital technology innovation in the industry is essential for it to keep growing. In this piece, Constantinos points out that the sector must invest in digital platform development to ensure future market needs are met.  

Are Smart Meters Essential for Reducing Energy Usage?

By Emily Folk, posted on July 27

In this post, Emily describes the benefits of smart meters for both residential and business customers, and for utilities. They’re helpful for customers who want to reduce energy use, and are contributing to the safety of utility workers through the pandemic.

Inflection Point: Software Labeling Standards for the Energy Industry

By Richard Brooks, posted on July 17

Image Credit: Illustration 21659759 © Lucía De Salterain | Dreamstime.com

Like food, software may contain ingredients that are bad for you. Specifically, Richard explains in this article, it can include malware that buyers don’t know about because there are no software labeling requirements. Fortunately, efforts are underway to develop “software bill of material” standards.

Digital Twins in Wind Power Industry

By Dana Sultanova, posted on July 15

Digital twins are useful tools for equipment maintenance. Here, Dana shows how this advanced technology can be used to reduce maintenance costs with wind turbines: by enabling operators to reduce visits to wind farms, fix broken parts, and provide root cause analyses on equipment failures.

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