Editor’s note: The T&D World Conference & Exhibition September 11-14 will cover the topic of data analytics. Click here more information on our speakers, and click here to register.
The U.S. Department of Energy’s Office of Electricity issued a $4 million funding opportunity to enhance grid reliability and resilience given the availability of advanced data collection and analysis to develop the power grid of the future.
“The electric power industry is witnessing an explosive growth in the volume, variety, and velocity of utility data,” said Gene Rodrigues, Assistant Secretary for Electricity. “We will need the data and analysis to accelerate pathways towards our grid modernization goals.”
The tsunami of data from the advanced metering infrastructure, specifically, as well as sensors with fast-streaming data sets, have challenged the traditional methods of utility data acquisition, use and storage. Advanced analytics from sensor data must consider the physical system capabilities and human factors that will lead to follow up actions.
The idea behind the funding is to establish a portfolio of projects that demonstrate the various geographic, economic and climate conditions that comprehensively help assess the deployment of advanced sensor technologies. DOE strongly encourages demonstrations and direct partnerships with data providers and power sector utilities to ensure analytics meaningfully support planning and operations decisions. DOE envisions that the awarded projects will include both research and development (R&D) and demonstration tasks.