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CHALLENGES
The Energy Suppliers and Producers sector is accustomed to ongoing transformation, driven by factors such as new technologies, evolving stakeholder expectations, sustainability goals, regulatory shifts, and changing customer needs. Recently, however, the rate of change has accelerated significantly. Technologies are advancing at an unprecedented pace, and climate change is putting additional pressure on existing infrastructure.
The prominent emerging challenges that they must tackle are:
REAL TIME MONITORING
Real Time Monitoring / Operations of PV Parks
- Monitoring & Control
- Dynamic Production Control Algorithms
- Interface with RTUs (Remote Terminal Units)
- Interface with MMS (Market Management System)
- Market Participation Complexity
- Dynamic, Automated Re-Scheduling
- Control & Optimisation of Battery Energy Storage System (BESS) Operation
ENERGY TRADING COMPLEXITIES
Energy Trading Complexities
- Regulatory Compliance & Complexities of Energy Market Participation
- Data & Processing
- Market Requirements
- Real Time Integration
- Security
- Forecasting
- Usability
- Reliability
DATA MANAGEMENT & ANALYTICS
Data Management & Analytics
- Data Collection and Integration
- Data Quality and Governance
- Advanced Analytics & Forecasting
- User Access and Visualization
REVENUE LEAKAGE
Revenue Leakage
- Managing Large-Scale Meter Data
- Complex Billing and Revenue Management
- Customer Service and Relationship Management
- Credit Control and Debt Recovery
- Commercial and Operational Planning
MONITORING OF PV PARKS PERFORMANCE
Analysis / Monitoring of PV Parks Performance
- Energy Losses
- Identifying faults
- Performance Monitoring
AGING INFRASTRUCTURE & MAINTENANCE
Aging Infrastructure & Maintenance
- Managing Diverse and Distributed Assets
- Complex Data Collection and Logging
- Operational Workflow Complexity
- Proactive and Preventive Maintenance Gaps
- Field Validation, Maintenance and Condition Assessment of Assets
- Management Reporting, resulting in a lot of Data Analytics