IoT for Indian Power Sector
The Internet of Things (IoT) has the potential to significantly transform the industrial sector. IoT is considered as fourth industrial revolution. General Electric (GE) predicts that $1.3 trillion of value can be captured in the electricity value chain from 2016 to 2025 by IoT. SCADA, PLC, smart meters and smart devices are few old examples of IoT. What is new that would create so much value in power sector is deployment of smart devices, advance analytics, advance dash board, cloud computing and the integration of several services into a common platform due to drastic reduction in prices of Wi-Fi chipsets and availability of variety of sensors like accelerometers, cameras, tactile, sound, temperatures and others. The three global digital themes for electricity industry from generation to consumption are; (1) Asset Management, (2) Operation Optimization, and (3) Enhanced Customer Services. The Indian power sector is facing several challenges such as high AT&C losses, poor reliability, public and political demand to keep tariff low, integration of high RE capacity into the grid and aging infrastructure. IoT can support resolution of most. This paper will attempt to identify, IoT applications for India power sector, Challenges and way forward.
KeywordsIoT Power Asset Optimaisation Grid
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