What makes a smart city smart?
Half the world lives in cities. By 2050 that figure will rise to 70 percent, boosted by the 2.2 billion more people who will live on the planet at mid-century. Cities generate 80 percent of the global gross domestic product and
How digitalization helps steam power plant to stay relevant and profitable today
In most of the world today, power producers are operating in uncertain times. As traditional operating models are upended by new sources of energy, particularly wind and solar, steam power plant operators find themselves running plant and equipment in ways
Four challenges for power generation companies in their digitalization journey
Digitalization holds great promise for the power generation industry. However, a range of internal and market challenges can constrain its effective uptake and implementation for those early in the digital journey. Digitalization can play an important role in solving a
How to implement baseline security measures for every ICS organization
The development of Industrial Control Systems (ICS) over the past two decades has changed the face of many industries. Operational Technology (OT) – largely industrial equipment – has become increasingly connected, and the integration of Information Technology (IT) components allows
Business models and market participation for virtual power plants
Virtual power plants/pools (VPP), are fast becoming a driving force in the power industry, due to rising demand for energy and the global turn to renewables. By 2025 there will be 1 billion more people on the planet, all requiring electricity. And
Susan Peterson: “Concepts like Future of Work are at the center of the Digital Revolution”
One in five power plants will become digital plants by 2025, a Capgemini’s report predicts. Back in 2016, the maturity of digital initiatives in the industry varied: from projects that were leveraging advanced analytics to optimize assets; and the widespread
Power Generation Companies Need a Framework for Digital Transformation
The power industry has a long history of embracing the benefits of digital technology. For decades, power plants have used remote sensing, networked communication, data aggregation, monitoring and control systems to optimize their generation, transmission and distribution systems. The new level
Digitalization of power generation in times of transition
Digitalization holds great promise for the power generation industry. However, a range of internal and market challenges can constrain its effective uptake and implementation for those early in the digital journey. Innovative companies that approach digitalization strategically, balancing the short and