How Digital Transformation is Greening the Power Sector -Digital solutions are delivering environmental benefits across the power and utility sector in different ways, whether by improving... -
Digital solutions are delivering environmental benefits across the power and utility sector in different ways, whether by improving asset efficiency, increasing overall business value, or strengthening ESG reporting saysThe power sector is increasingly under pressure to find newer, cleaner ways of producing, storing, and distributing power as environmental, social and governance regulations begin to take effect.
Digital transformation delivers benefits for all kinds of organizations, from reduced costs and greater productivity to improvements in safety, reliability, and efficiency. For the power sector, in particular, digital technologies can strengthen the reliability and efficiency of power grids and unlock new value opportunities – underpinning sustainability across the utility.
To improve efficiency across its operations in line with its goal of becoming a net-zero carbon company by, OPG leveraged the power of data for decision-making to shift from reactive to predictive operating models. The company installed the PI System and AVEVA™ Predictive Analytics across its renewable and nuclear fleet, thereby enabling artificial intelligence-infused condition-based maintenance.
By integrating data gathering and sharing into its activities, Dominion has enjoyed a 50% increase in speed to market for vital environmental data. This energy supply visibility enables Dominion’s customers to prove their ESG compliance to investors and auditors. And for Dominion itself, the certified data stream has opened up new revenue sources among customers that favor environmental sustainability.
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