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Decarbonization, digitalization, and decentralization are transforming the operations of electric utilities. Managing the grid requires electric utilities to use multiple systems such as virtual power plants, microgrids, and geographical information systems (GIS), to name a few. These systems generate vast amounts of data. Utilities, however, lack adequate data storage and processing capabilities. Data is also stored across multiple repositories. Grids today operate more dynamically, making real-time decision-making crucial for utilities. A systematic analysis of data can offer electric utilities valuable insights, which can enhance their operational efficiency and lead to business resilience. This white paper explores how these utility firms can harness data by deploying an analytics platform, the benefits of which are listed below:

  • Preventive maintenance to reduce costs, grid breakdowns, and more
  • Multiple data sets to provide inferences using machine learning, data mining, and more
  • Prescriptive and predictive analytics to replace post-mortem reports
  • Dashboards, charts, and what-if analyses to simplify decision making

 

 

 

Anupam Chakraborty

Industry Advisor and Domain Consultant, Utilities, TCS

Nishant Menon

Grid Network and Domain Consultant, Mfg. & Utilities BG, TCS 

Mayank Chourasia

Business Analyst and Domain Consultant, Utilities, TCS