Three Major Trends for 2019: Data, Data, and Data
- Jan 20, 2019 4:16 pm GMT
This item is part of the Special Issue - 2019-01 - Predictions & Trends, click here for more
It’s long been a basic tenet in other sectors, but 2019 will be the year the electric utility industry finally comes face-to-face with the realization that data is, indeed, king. Everywhere you look, major trends and initiatives are either focused on or reliant upon data—specifically, the collection, use, and protection of data. It is what makes the “smart grid” smart; it is the lifeblood of utility modernization. So, what does 2019 hold for the utility industry? Three words …
Collect the Data. At a remarkable rate, utilities already are deploying sensors to provide data about grid conditions. This trend will continue and accelerate; Navigant Research estimates that a million-meter IOU will experience an eight-fold increase in connected end-points over the decade starting in 2018. This army of sensors, in turn, will generate a vastly increased amount of data for the utility to analyze and act upon, but only if the data are rapidly and securely collected and transported from the remote sensors to the central control systems.
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