LTE and DataOps Put the Grid’s Digital Harvest Within Reach
- Aug 14, 2020 3:40 pm GMT
This item is part of the Special Issue - 2020-08 - LTE Networks, click here for more
It’s almost harvest season, the time of year when investments in seed and resources either pay off, underwhelm, or fall flat. As digital leaders in grid operations look ahead to 2021 planning and budgeting (pressed to show gains from their digital programs), many are coming to terms with another disappointing bounty.
This isn’t to say that progress hasn’t been made. Proofs of concept are in play, data science programs are maturing quickly, and digital applications are being delivered to operations teams. According to BNEF, the power sector alone “will spend $3.2B on software in 2020 to optimize the performance, costs, and revenues of generation and grid assets.” But the value being realized from digital is still a far cry from the massive ROI that has been promised over the past decade.
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