The urgent necessity to adopt more distributed energy resources (DERs) and the accompanying digital transformation of the grid is creating a new set of assets that are increasingly more complex and require new and innovative strategies to manage. With the advent of advanced metering infrastructure (AMI) and distributed intelligence (DI), utilities collect massive amounts of data that hold potential for optimizing operations, customer experience, and overall reliability and resiliency.But how are utilities collecting their data? How are they handling the massive amounts of data they collect? And what challenges are they facing in this process? To answer these questions we surveyed over 50 utilities on their plans and practices with data acquisition and management.
Key Findings
- The top data challenges according to our survey are data integration (57%) and having the talent to manage these processes (53%).
- The top objectives to use data to drive innovation are to reduce response time (66%), followed by optimizing disaster response (61%) followed by forecast changes (54%).
- Despite field experts constantly calling for industry partners to share data and experiences in order to accelerate grid transformation, only 20% of respondents said they share their data and experiences with industry partners.
zpryme
Residing in Austin, Zpryme is a research, media, and events agency with a focus on energy. Based on the creative direction of our associates Zpryme, produces influential research, Energy Thought Summit (ETS), and premium branding experiences that challenge the status quo.