SUSTAINABILITY
MAINTAINING A STABLE supply of high-quality electricity is becoming a greater global challenge as larger amounts of renewable energy are introduced to the power grid . Highquality electricity , both stable in voltage and frequency , is essential as a power source and the demand for new energy storage systems to overcome this challenge is rising . Ram Ramachander , Chief Digital Officer & Chief Commercial Officer for Social Innovation Business at Hitachi Europe Ltd , highlights the efforts of the Japanese tech giant to develop new battery storage solutions , the expansion of smart metering and electric mobility initiatives , and considers what the future for energy holds …
Technological advances are empowering consumers to become ‘ prosumers ’
“ Connectivity , and access to unprecedented amounts of data , is revolutionising many industries , and energy is no exception . Digitalisation is transforming the way we generate , distribute and manage energy . Artificial intelligence and machine learning enable predictive maintenance across entire energy networks , whilst battery storage technology is allowing renewable energy to be integrated . In our homes , smart meters are being installed and electric vehicles are being purchased . Together , these advancements are democratising energy , empowering consumers to become ‘ prosumers ’ - people who both produce and consume energy . With such constant change , where will the next development happen ? These issues , and many more , are explored in a recent white paper created by Hitachi in partnership with Frost and Sullivan . The research highlighted three areas where innovation is happening at a rapid rate : the boom in battery storage , the expansion of smart metering and the age of electric mobility .”
The boom in battery storage “ Battery energy storage holds the
32 March 2018