The energy sector is on the threshold of one of the most significant technological transformations. Business models will be built around innovative technologies, including decentralized energy generation technologies. Extensive automation and advanced analytics will form the basis of value chain management. Numerous sensors will be installed in automated production facilities. Industry leaders will collect analytical data to provide better services.
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Capitalize on new grid technologies
Learn how advanced technology is leading the electric power industry into a new future that can provide added value for customers and new opportunities for utilities and other service providers.
What are the sources of energy
ENERGIES are substances and processes found in nature that allow humans to obtain the energy they need to exist. The energy that almost all of these sources provide. The main types of energy sources are: – the sun; – air (wind); – water; – gravity; – geothermal sources (volcanoes, geysers, renewable or regenerative energy, and others.
Grid modernization and alternative energy sources
One of the current challenges is modernizing power systems through digital transformation, automation, and virtualization. The industry’s use of cloud-based data integration platforms can contribute to savings, improve companies’ operational efficiency, and introduce new business models and digital innovations. The modernization of distribution networks – creating a modern, standardized infrastructure to manage power distribution and automate substations in a safety-conscious manner – plays an important role.
The global energy industry is undergoing a transformation. The traditional structure of energy consumption is gradually acquiring a new form based on obtaining energy from alternative sources, such as sunlight and wind power. This transition stimulates the development of “clean” and distributed energy. The transition to alternative energy sources requires the introduction of “smart” technologies:
Smart Energy
The Smart Grid is an electrical grid that includes a number of different operational and energy features, such as smart meters, smart applications, renewable energy resources, and energy efficiency.
Smart Industry
Smart manufacturing (SM) is a modern and innovative approach to organizing the production of industrial products, focused on the intelligent management of the production process. The focus is on the industrial internet of things, adaptability and scalability, big data, dynamic modeling and simulation, as well as cybersecurity and waste minimization, etc.
Smart Consumers
Consumers have become more demanding in their desire for a more convenient and accessible shopping experience, giving companies new opportunities to grow, trend and leverage technology.
As consumers will explore the market more and their expectations will grow, one of the primary needs will be a quality consumer experience.
Use of new technology
Another major challenge will be engaging consumers in widespread adoption of advanced technologies. Some consumers are increasingly interested in their energy use because they share concerns about reliability, safety, or the environment.
Experience has shown that it can be difficult to persuade consumers to adopt new technologies if there are no clear cost or convenience benefits.
An important question for policymakers and others in the electric ecosystem will be how to accelerate the adoption of new advanced technologies in a cost-effective way.
The Future of Energy
The future lies in limitless energy. Its consumption is increasing every minute.
In this situation, the usual ways of obtaining energy can no longer meet all human needs. Every year we need not only to produce more and more energy, but also to distribute, store and use it ecologically. New materials are needed to create long-lasting batteries, high-capacity batteries, hydrogen cells – everything that will power our economy in the future.
how we will reinvent electricity
Photovoltaics: solar electricity
It is possible to collect light not by photovoltaic panels, but by the already mentioned solar concentrators (solar concentrators) - mirrors or lenses. This dramatically increases the intensity of light and reduces the area of expensive semiconductor converters. This is the so-called concentrator photovoltaics (CPV). Today this method loses because the cost of flat panels based on crystalline silicon has decreased dramatically over the past few years. And when it comes to large-scale power generation, the way that converts energy through silicon batteries that lie on the roof, in the field, or elsewhere, is certainly winning out. This trend will apparently continue in the near future.
Biooil
Biofuel is a type of biofuel, i.e. fuel obtained from raw materials of plant origin. The raw material can be specially grown crops, such as sugarcane, corn. In this case this fuel is referred to the first generation of biofuels. It can also be obtained from different organic waste, in which case it is classified as second-generation biofuel. Third-generation biofuels are derived from microalgae. The advantage of biofuels from microalgae is that they can be grown in areas unsuitable for agriculture and crop production. The production of such biofuel does not compete directly with the production of food raw materials. Microalgae can be grown both in fresh water and in salt water. Also the production of microalgae does not require the use of harmful pesticides and herbicides. One of the main advantages of microalgae is that they efficiently convert the energy of sunlight into biomass.
Low-temperature fuel cells
At present, low-temperature fuel cells are quite promising for use. The main fuel cells are hydrogen-air and methanol fuel cells. The energy capacity of devices based on them ranges from 800 to 1,300 watt-hours per kilogram. By comparison, nickel-cadmium and nickel-metal hydride batteries have an energy capacity in the range of 40 to 70 watt-hours per kilogram, and lithium-ion and lithium-polymer batteries have an energy capacity of 80 to 200 watt-hours per kilogram. Thus the energy capacity of low-temperature fuel cells is 5-10 times greater than the known batteries. At the moment, ultralight hydrogen-air fuel cells have already found their application in unmanned aircraft, such as unmanned airplanes and multicopters. At the moment, cars powered by low-temperature hydrogen-air fuel cells are also produced. Naturally, the operation of such a vehicle is supported by an energy installation not only based on the fuel cell, but it also includes lithium batteries and supercapacitors and other energy sources.
Smart Technology
Going to
- Digital Cities
- Industry 4.0
- Construction Management
- Home solar panel systems
- Electric cars
- Smart Homes
- Demand Forecasting
- Substation Management
The energy of the future that we will use
Electricity wireless
Biofuel
Perovskites
Sensitive matter
Supercapacitors
Digital transformation
Energy companies will have to optimize management processes, reduce production costs, improve the safety of operations, and implement innovative solutions in their business models. The power grid will combine the means of traditional centralized and distributed power generation and renewable energy sources, providing comprehensive management and visualization of the power system.
Conclusion
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