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Digital Tools Accelerating the Renewable Energy Transition

October 30th, 2024
AI, IoT, and Data Analytics in Renewable Energy

We explore how digital tools are becoming essential in enhancing renewable energy’s generation, monitoring, and distribution.

The Role of Digitalisation in Renewable Energy 

Digital tools will also allow renewable energy from more intermittent sources such as solar and wind to be stored in energy storage systems or diverted to the grid. Due to the unstable nature of solar and wind energy, energy in storage systems can then be deployed at a later date when energy droughts occur.  

AI and Machine Learning in Energy Optimisation 

Artificial Intelligence’s (AI) place in the renewable energy transition lies in its ability to process data, spot patterns and identify recommendations - all at an extremely high speed with high accuracy. This is useful in the smart grid, where huge amounts of data are being collected. In the case of renewable sources such as wind and solar energy, output can be quite volatile due to its reliance on the weather. AI could potentially be able to predict power shortages based on past data performance, identifying shortfalls in energy output from these sources and creating algorithms that reflect these patterns. This could prepare the smart grid to rely on and distribute other fuel sources during this time, ultimately stabilising the entire grid and making it more reliable.  

Predictive Maintenance: Minimising Downtime and Costs 

Specialist cloud-based software programs analyse multiple data sources, including process diagrams, sensor data and internal assets, to create models to help predict potential downtime. These can then be scaled up to apply across a number of different energy assets.  

AI can also be used to implement elements like chatbots, which allow human operators to troubleshoot the performance levels of certain elements of a plant. It can also be used to isolate the root cause of a failure and suggest scheduling maintenance before the problem occurs. This could, in time, extend the lifetime of equipment, as it is not reaching breaking point before repairs take place.  

 IoT and Smart Grids: Enhancing Energy Management 

The Internet of Things (IoT) is a colossal monitoring system with real-time visibility of the entire smart grid. It begins at the source of the energy, using sensors and software to map the plants where the energy is being generated. It then extends throughout the distribution and transmission networks, finally ending in homes and businesses via smart meters, where it can identify smarter ways for consumers to use energy.  

Because the IoT allows the network to communicate with itself smarter, it can help decentralise energy systems so that they can talk to each other on a large scale. This allows the smart grid to scale up quickly and efficiently, and faults and problems can be diagnosed more rapidly. 

Data Analytics: Boosting Efficiency in Renewable Energy Systems 

Analytics platforms use the data gathered by the IoT to identify patterns within huge amounts of information. Data analytics help make sense of the huge amounts of data gathered, giving a transparent picture of the network's health as a whole. 

Once this real-time image has been created in the form of dashboards, human operators can identify pressure points and bottlenecks in efficiency levels, energy generation levels from more volatile methods of renewable energy such as wind and solar, and consumer demand. Automating these processes will make the decision-making even quicker and further reduce energy losses, driving cost reductions. This model will transform grid management and is likely to reach its true potential when the smart grid is widely implemented.  

Blockchain for Energy Trading and Grid Management 

As our energy grids get smarter, so does the technology that enables it: Blockchain is an energy trading system that allows a decentralised method of trading energy between peers, avoiding the use of brokers or utility providers. It does this by streamlining the entire energy purchasing process and making it completely transparent: identifying the amount of energy used by a consumer and then fixing a price using Power Purchase Agreements (PPAs). Blockchain is an automated process, which increases security and efficiency because it removes the human element.  

Digital Solutions for Scaling Renewable Energy Adoption 

Digital twins allow plants to duplicate the system of their plant completely with a copy of the network identical to the reenable energy plant. The digital twin can be modelled using real-time data from existing technology, such as wind turbines, allowing almost-real-time monitoring of an asset. This benefit is that simulations, often using algorithms and suggestions produced by AI, can be tested to predict how a plant may react to adjustments to machine operations. It can also be used to simulate cost-cutting operations to a plant, modelling these changes to the network before any changes are implemented, avoiding costly mistakes during testing. Digital twins can also be used to streamline the adoption of renewable energy by modelling how a potential array e.g. wind turbines, might act before costly investments are made, also making suggestions on how much energy a plant might generate, potentially meaning the adjustment of the location or size of a future plant.  

Digitalisation is transforming renewable energy, providing smarter, more reliable, and efficient solutions. Tools like AI, IoT, and data analytics enable precise energy management, reducing downtime and costs. As these technologies advance, renewable energy integration will continue to strengthen the grid and drive sustainable energy adoption.

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