Manufacturing Today Issue - 217 October 2023 | Page 40

Sustainability ____________________________________________________________________________________________________
percent availability as grids begin operating increasingly in a bidirectional mode . The main goal here is to ensure absolute network reliability .
Digital upgrades by utilities are essential to support new pricing and revenue models for electricity , for example in monetizing “ behind the meter ” storage at times of peak grid demand , to encourage price-based use during periods of surplus supply , to remove current barriers to expansion of distributed generation and storage nodes and to enhance cybersecurity . Further , both for transmission and distribution networks , the ability to forecast weather-based peaks and valleys in renewable power supply will help to optimize utilization of the renewable capacity , avoid overloading lines , as well as effectively using storage ( battery array ) capabilities .
Utilizing advanced distribution management solutions ( ADMS ) can provide other benefits too , they will provide reconfigurable capacity , visibility into distributed generation , resiliency amid increasingly dynamic supply and demand , advanced situational awareness for operators and managers , and enhanced grid support for smarter meters , generators and storage nodes . In order to maximize value from distributed power , digital software developments will be required . For instance , enhanced transparency into systems will better enable AI tools to be incorporated which will optimize transmission and distribution , while also helping them to better maintain , price and optimize distributed power and storage .
Tight power generation supply is also being fragmented by the rapid growth and uptake of microgrids . The right digital solution enables optimized development of microgrids , integrated with regional grids and developed in a more cohesive , intelligent way . This approach promotes and enables entrepreneurial investment and innovation in new power generation strategies and connected storage innovation . Microgrids give local concentrations of manufacturing power consumers the ability to increase their security and reliability of supply .
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