Learning more about the electricity grid: Grid4C
Smart grid, smart home. Big data, artificial intelligence. Predictive analytics, grid stability.
It can get a little confusing at times. The sheer amount of data that energy utilities are inundated with at every moment, from every angle. Distributed energy resources (DERs) using renewable energy from a multitude of locations around the grid, often times disrupting the balance that, for years, was kept by having one major energy producing hub.
On the demand side, installation of smart meters gives utilities a better understanding of their customers’ energy habits and provides enormous amounts of data regarding the time and quantity of energy being used. This in turn allows them to better manage the generation side. Rather than having to shut down a massive power plant when energy-use drops, only to turn it back on a few hours later during a peak, utilities can keep the power plant online at a lower level, using their portfolio of renewables to supplement when sudden spikes occur.
The issue at hand is that we are not talking about data from 5 or even 500 homes. At any given time, information from entire cities can be flowing in and out of a control center, making real-time decision making near impossible.
This is where Grid4C comes in. Using artificial intelligence to process the mass amounts of data, Grid4C is able to analyze trends in an instant and provide predictive solutions that save the utility operators time and money. This efficiency ends up benefiting the customers as well, who save on their energy bills and also have more information on how to better manage their energy use.
Other Israeli companies operating in this space include:
Arad Group (for water)