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* Search * Generation * Coal * Natural Gas * Nuclear * Renewable Energy * T&D * Communication Technology * Cybersecurity * Distribution Automation/ Substation Automation * Outage Management * Transmission * DER/Grid Edge * Electric Vehicles * Energy Efficiency * Energy Storage * Renewable Energy * Executive Insight * Customer Service * Smart Grid * Metering * Webcasts * Whitepapers * Video * About * About Us * Subscribe * Submit an article * Advertise * DISTRIBUTECH International * Clarion Energy Events * POWERGRID International Magazine Archive * Electric Light & Power Magazine Archive Search Subscribe Subscribe * DISTRIBUTECH International * DISTRIBUTECH+ * DISTRIBUTECH CONNECT * Renewable Energy World Subscribe VISIT > DISTRIBUTECH International May 23-25, 2022 / Dallas, Texas, USA * Generation * Coal * Natural Gas * Nuclear * Renewable Energy * T&D * Communication Technology * Cybersecurity * Distribution Automation/ Substation Automation * Outage Management * Transmission * DER/Grid Edge * Electric Vehicles * Energy Efficiency * Energy Storage * Renewable Energy * Executive Insight * Customer Service * Smart Grid * Metering * Webcasts * Whitepapers * Video * About * Subscribe * About Us * Submit an article * Advertise * DISTRIBUTECH International * Clarion Energy Events * POWERGRID International Magazine Archive * Electric Light & Power Magazine Archive * Media Partners Search * Generation * Coal * Natural Gas * Nuclear * Renewable Energy * T&D * Communication Technology * Cybersecurity * Distribution Automation/ Substation Automation * Outage Management * Transmission * DER/Grid Edge * Electric Vehicles * Energy Efficiency * Energy Storage * Renewable Energy * Executive Insight * Customer Service * Smart Grid * Metering * Webcasts More * Whitepapers * Video * About * Subscribe * About Us * Submit an article * Advertise * DISTRIBUTECH International * Clarion Energy Events * POWERGRID International Magazine Archive * Electric Light & Power Magazine Archive * Media Partners Search Home Executive Insight Future Gazing: Five trends that will improve electricity supply chain efficiency in... * Executive Insight FUTURE GAZING: FIVE TRENDS THAT WILL IMPROVE ELECTRICITY SUPPLY CHAIN EFFICIENCY IN 2022 AND BEYOND 1.6.2022 Image by Gerd Altmann from Pixabay ABB Staff Writer The prospect that excites Calogero Saeli, Global Product Group Manager Packaging and Solutions for ABB, the most when he considers the future of the electricity marketplace, is the breadth of possibilities that lie before us. An increasing global demand for power, a wealth of technological innovation and the improved accessibility of renewable energy are driving the evolution in electrification with speed, scalability, carbon reduction, and risk mitigation at the core. Reflecting on the progress made in 2021, Calogero shares five key trends that will continue to shape how the electricity supply chain will collaborate as we move into 2022 and beyond: SECTOR-SPECIFIC APPROACHES FOR RAPIDLY GROWING MARKETS Certain power-intensive markets will benefit from specific investment and power supply innovation in the coming years if they are to meet their exponential growth trajectories. The data center sector is a prime example as it navigates rapid digital acceleration, a vast proliferation of smart devices and an upward surge in data demand, alongside ever tightening carbon zero legislation. For data centers to meet this increasing demand for data storage, solutions providers and their supply chains must deliver sustainable, resilient power solutions that promote performance, uptime, and carbon reduction across all relevant electrical systems. This will include improving how data centers generate, store, and utilize renewable power, and benefit from a reliable, uninterrupted grid connection. DEPLOYMENT OF ARTIFICIAL INTELLIGENCE ALGORITHMS As our ability to capture data increases, we can further harness the power of artificial intelligence (AI) for the good of customers, the economy, and the environment. AI algorithms can analyze vast quantities of data, perform calculations, and apply automated reasoning that identifies patterns in data behavior, be that for asset performance, energy consumption or supply and demand. AI can complete the equivalent of many hundreds of hours of data analysis almost instantly, saving time and money on manpower with often far more accurate results. It is inevitable that our use of AI will increase over the course of the coming years, and the insights garnered will be extremely useful in improving how we use, produce and supply electricity in the future. THE WIDESPREAD USE OF SOLUTION ARCHITECTURES AND MODULARIZATION Solution architectures and modularization provide value as a pre-engineered, optimized, segment specific solution. Reducing site work, ensuring smooth startup and lowering overall risks during the project execution. Solution architectures can combine a range of network components and deliver faster drawings, manufacturing cycles and streamlined commissioning processes, to encourage rapid deployment of new infrastructures. The use of solution architectures and modularization is increasing, as industries find themselves with ever tighter time-to-market deadlines, more stringent regulations, and a need to keep costs low but performance high. Solution architectures offer scalable and repeatable designs that can be standardized for expansion even across multiple sites. They promote modular, cost-effective deployment and an increased level of consultative expertise that can directly translate into substantial cost and time savings. As the power sector strives to meet increased demand, solution architectures will prove a key ingredient for success. A DUAL OFFERING OF MODULARIZATION AND FLEXIBILITY The idea of solution architectures and modularization promote a key trend of standardization – something that is known to deliver cost and time savings. For many consumers, standardization simplifies electrical systems and promotes scalable, profitable growth, which is why we will see more of it in the years to come. That said, to remain competitive, and to serve more complex and critical industries and applications, solution providers must maintain the ability to create flexible and bespoke systems that go above and beyond a standardized offering. These flexible solutions must still optimize performance and where possible deliver cost and time savings, just like their standardized counterparts. The ability to provide both solution types will determine the success of many solution providers in 2022 and beyond, including which markets they can penetrate, and whether they become a renowned player in new and evolving sectors. For power providers seeking a new solutions experts in the coming years, selecting one that can offer a comprehensive range of standardized, modular, and scalable solutions, alongside a customized and flexible solutions offering, can ensure a long and successful partnership. CONSULTATIVE EXPERTISE TO PROMOTE FURTHER DIGITALIZATION Now more than ever before, consultative expertise is proving a critical component to success. As we move towards widespread digitalization, there is understandably much trepidation around the scale of change required and the installation and operation of new, unfamiliar technologies. Solutions providers that integrate consultative expertise into their customer journey will be able to promote further uptake of digitalization, which will in turn help customers to meet carbon reduction targets, improve asset uptime and optimize system performance. Consultative expertise is something the power supply chain should insist on from their solutions partners, to ensure the specification, installation and operation of new technologies is as straightforward and effective as possible. As we move into 2022 and beyond, working closely with supply chain partners that can maximize on these key trends will promote optimized and sustainable system performance. Facebook Twitter Linkedin Previous articleNew in ’22: Five trends in transportation electrification Next article3 tree-focused opportunities vegetation managers are thinking about in 2022 RELATED ARTICLESMORE FROM AUTHOR A 21ST-CENTURY REINVENTION OF THE ELECTRIC GRID IS CRUCIAL FOR SOLVING THE CLIMATE CHANGE CRISIS HOW ADVANCED TECH CAN PROTECT THE POWER GRID AMID SUPPLY CHAIN AND LABOR ISSUES LA NIÑA WEATHER PATTERN IS FIRMLY IN PLACE NO POSTS TO DISPLAY EXECUTIVE INSIGHT A 21ST-CENTURY REINVENTION OF THE ELECTRIC GRID IS CRUCIAL FOR SOLVING... 1.13.2022 HOW ADVANCED TECH CAN PROTECT THE POWER GRID AMID SUPPLY CHAIN... 1.12.2022 HOW TO MAKE TREES AN ENERGY SAVINGS SOLUTION 10.25.2021 3 TREE-FOCUSED OPPORTUNITIES VEGETATION MANAGERS ARE THINKING ABOUT IN 2022 1.6.2022 NEW IN ’22: FIVE TRENDS IN TRANSPORTATION ELECTRIFICATION 1.5.2022 INDUSTRY NEWS THE FUTURE OF THE US ELECTRICITY SYSTEM MODELED 1.28.2022 ARIZONA UTILITY REGULATORS AGAIN REJECT CLEAN ENERGY RULES 1.28.2022 PG&E PROPOSES BIG JUMP IN BATTERY ENERGY STORAGE ON ITS GRID 1.27.2022 HOMELAND SECURITY WARNS OF POSSIBLE ELECTRIC GRID ATTACKS BY DOMESTIC EXTREMISTS 1.26.2022 XCEL ASKED TO UPGRADE SOLAR INTERCONNECTION PROCESS 1.26.2022 Facebook Instagram Linkedin Twitter RESOURCES * About Us * Contact Us * Advertising * POWERGRID International Magazine Archive * Electric Light & Power Magazine Archive * Subscribe CLARION ENERGY MEDIA * Electric Light & Power Executive Digest * Hydro Review * Power Engineering * Power Engineering International * Renewable Energy World * Smart Energy International POWER & ENERGY EVENT SERIES * DISTRIBUTECH International * Enlit Asia * Enlit Australia * Enlit Europe * Enlit Africa * HYDROVISION International * Indian Utility Week * POWERGEN India * POWERGEN International Privacy Policy Copyright © 2019 - 2021 We use cookies to ensure that we give you the best experience on our website. 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