3/28/2024 0 Comments Tech utilities costAll of the data associated with a digital twin lives in a cloud and helps to reduce the cost and risk of construction and maintenance.Īrtificial intelligence (AI) is one tool used to take back control over energy and increase reliability. Utility suppliers can create a simulated copy to gain real-time updates on grid performance. A digital twin is a virtual model of a physical object. Traditionally, the utility industry is hardware heavy, but recently utility providers have shifted into the digital realm to increase efficiency and reliability. This blog will go over three technological developments that have been incorporated in the utility industry to help aid reliability, and by extension, manage costs and increase customer satisfaction. New technological developments have played a crucial role in helping utility providers reestablish control over external threats and re-establish reliability. From tsunamis, forest fires, and ice storms, extreme weather has proved to be the number one opponent of utility reliability, and it has only become a bigger threat each year since the early 2000s. Homeowners and business owners alike need to be assured they won’t lose power unexpectedly and know that it will be up and running as soon as possible if they do lose power. Reliability is an essential component of good utility services.
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