Electrical Substations in Utilities 2.0 - How Tech is Driving the Sector Innovation

Electrical Substations in Utilities 2.0 - How Tech is Driving the Sector Innovation

Summary

The power and utilities sector is adopting AI, ML, and robotics to automate substations, digitalize secondary substations, and detect live faults. Innovations like digital twins and IIoT enhance security, incorporating alarms and anti-misoperation mechanisms, ensuring grid stability and personnel safety. This transformation aims to enhance efficiency, safety, and cost-effectiveness in substation operations. GlobalData's FutureTech Series Report, ' Electrical substations in Utilities 2.0: how tech is driving the sector innovation’, categorizes key innovation areas in power & utilities as emerging, accelerating, and maturing based on their rate of growth in innovation. It also casts light on electrical substation-related recent developments, strategic partnerships, company filings, patent publications, and real-world innovations. The awareness, knowledge, and expertise in these areas can transform business models, decision-making, and strategic thinking that directly influence research and development, collaboration, acquisition, and investment decisions.

Key Highlights

Electrical substation-related news, deals, patent landscape, real-world innovations, as well as select innovation areas in power & utilities and the disruptive potential of select innovation areas as highlighted by their innovation landscape and key players.

Scope

• Related news – provides electrical substation updates related to technologies including artificial intelligence and machine learning (AI and ML), digital twins, communication technologies, industrial internet of things (IIoT), smartification of analogue assets, robotics (ground and applied), drones, and remote and predictive maintenance.
• M&A and Partnerships – highlights key acquisitions and investments and strategic partnerships related to electrical substations.
• Patent Landscape Analysis – examines patent filings and grants related to emerging technologies in electrical substations, top authorities, and noteworthy patents.
• Real-world Innovations – showcases tangible innovations and breakthroughs in the realm of electrical substations.
• Key disruptive forces in the power & utilities sector – explores the emerging, accelerating, and maturing innovation areas with disruptive potential in power & utilities, along with the key players.

Reasons to Buy

• GlobalData’s FutureTech Series Reports are aimed at capturing futuristic technologies which have the potential to disrupt tomorrow. These technologies are constantly changing, adapting, and progressing to enable a paradigm shift in our daily lives. The awareness, knowledge, and expertise of these topics help transform business models and strategic thinking with an in-depth understanding of megatrends that can directly influence patenting, collaboration, acquisition, and investment decisions.