SMART CITIES
It reflects how utilities are accelerating their digital transition to adapt to the new realities of the electricity market . These are marked by the increased electrification and the need for the visibility and management of extensive incoming renewable energy sources , as well as unpredictable consumption peaks .
With upwards of € 13bn forecast to be invested in grid monitoring in Europe by 2030 , the new wins concrete depsys ’ ongoing expansion in assisting the utility sector with a successful post-pandemic green recovery , transitioning to a sustainable and manageable future , where the performance of the entire grid is known at any given time . Swiss grid operators , including Romande Energieand Viteos , are leading the way in deploying smart technology solutions across their entire grid , trusting depsys ’ innovativegrid solution to provide real-time actionable data and analyse their networks .
Michael De Vivo , CEO and Founder of depsys , said power grids are at a turning point . Historically , they have had little information about activity in the system and no reliable field data to plan and forecast .
“ But now they ’ re on an exciting journey to an ecosystem where consumers and distributors have a two-way dialogue using real-time data and where energy flows must meet the requirements of safety , reliability and sustainability ,” he said . “ We are proud to enable this transition to efficiency and transparency through the quality of our technological solution . The trust placed in us by more than 40 network operators worldwide is a testament to the value of our solution . It motivates us to continue developing tools useful for a stable , affordable and intelligent energy supply .” energydigital . com 65