Evolving Technology Strategies in Energy Analytics Transform Power Grids
Integration of predictive analytics, machine learning, and Internet-of-Things (IoT) will enable digitization of power grids
Research Overview
Ongoing transformation of digitisation of electricity grid has paved strong foundation for the integration of intelligent energy management technologies. Development of single source virtual platforms to increase consumer engagement toward ensuring energy optimization and sustainability have positively influenced the business outlook. Moreover, the intervention of blockchain technology, virtual power plant platforms, demand side energy management, and utility account management services through relative monitoring and predictive analytics have further eased industrial operations.
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