![]() The availability of renewable energy sources can be inconsistent and difficult to predict. This ability is fundamental to the development of a sustainable power grid. The convergence of IT and OT will result in data-driven innovation - the ability to integrate data streams from multiple sources to enhance outcomes or identify new ways to optimize or evolve the business. ![]() In the interdependent, digitalized environment of the sustainable power grid, a partnership between IT and OT is essential.ĭata-driven innovation fuels long-term success The CIO is becoming the governance authority as the business relies on the IT function to deploy and manage the technology that solves operational problems. The lines between IT and OT have blurred over time, and digitalization has accelerated this convergence as data is collected, analyzed and shared across systems and organizations.Īs a result, the historical lines between the CIO and the business are also blurring. Managing the power grid that supports this energy supply requires the combined expertise of both information technology (IT) and operations technology (OT) teams. This distributed operations model relies on real-time, data-driven analytics and automation to make and implement intelligent decisions fast. In the energy industry, energy supply and distribution are becoming increasingly digitalized and decentralized. Smart Energy management to support a changing power grid And success depends on the availability of a digital power grid that is reliable, efficient and sustainable. This transition presents both challenges and opportunities for everyone. Its effects will be felt not just by the energy industry but across all industries and consumers as well. The adoption of electricity instead of fossil fuel as the foundation for how we power the industry as a whole is accelerating. As more renewable resources are adopted, the process will become much more complex and variable. With renewable resources energy supplies are drawn from increasingly decentralized, disparate and distributed resources that fluctuate in their ability to fulfill demand. ![]() A fossil-fuel-based system taps large, centralized and predictable stores of resources, and then allocates them based on consistent and predictable usage. The need to integrate renewable resources into the power grid is adding layers of complexity to energy acquisition and distribution models. As the demand for energy grows, green energy sources are needed to generate electricity that is powered by a sustainable power grid. At the same time, there is a growing urgency to adopt and reach zero carbon emissions to improve air quality and slow the effects of climate change. Global electricity consumption will account for more than 40 percent of the total energy demand by the year 2050, with some regions expanding well beyond this level. Sustainable Power Grids Powered by the Convergence of IT and OT
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