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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.

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