Powering the Future: Digital Solutions for a Resilient, Secure, and Low-Carbon Grid
Power grid operations are increasingly challenging as the landscape becomes more complex from both the supply and demand side. Accelerating decarbonization of the energy systems, growing electrification of the energy demand and the entry of multiple, decentralized sources of generation raise issues to networks that are often obsolete and unprepared to accommodate this change. Grid reliability and resilience is however key to the functioning of the world’s economies, and emerging technology solutions have the potential to optimize and improve the operation of existing assets while power systems go through modernization. AI, edge computing and IoT are some of the new technologies with application to the electric grid. What progress has been made in the digitalization of grid operations? What challenges have been encountered in this process? What are the outstanding issues to be addressed as the grid quickly transforms itself?