In the space of energy fossil fuels account for more than 80% of global energy production. But things are changing fast. Energy Generators & distributors are focusing on renewable sources of energy. Solar, Wind, and Hydro are picking pace. The US Canada and Mexico are building a new super grid together. India is also leading the charge in the South Asia region. Similar efforts are underway globally. We know about power-starved Europe and how usual sources of energy are struggling to keep up and there is immense need for additional energy sources, that are also sustainable. Renewable energy sources can be a boon for the planet.
Within the power sector, and specifically in the renewables energy space, the following use cases are of interest to the Executives shredded down to a specific KPI.
The challenge ahead for analytics in the Renewables energy space is that today Data leaders and Executives are challenged to find the right solution starting from finding the right Architecture to what services to use to ensuring that the solution they choose scales up.
Some organizations even lack the knowledge and skills for modern AI/ML, Cloud, IoT, and data tools. Data privacy and security issues can stop any experimentation in their tracks should there be non-compliance. For business stakeholders, the time for meaningful insights is too long.
Within the power sector, and specifically in the renewables energy space, the following use cases are of interest to the Executives shredded down to a specific KPI.
Aware of each of these challenges we at Locuz built a data-driven approach for one of the fastest-growing Renewables energy producers and distributors Greenko. We have packaged those experiences and learnings to help the broader community globally.
We have addressed three needs of business leaders in the Energy space:
The goal of this Accelerated platform: Our #1 goal is to save companies from spending months and months finding the right solution so that energy companies can get insights faster.
Locuz brings a vetted data framework and architecture that will scale along with business growth.
Locuz’ Data to Insights platform on AWS delivers Real-time insights. It enables customers to make an informed decision on geographically spread infrastructure. The integration of past and real-time data will play an instrumental role in decision-making and in monitoring the contractual terms with various stakeholders like OEMs, O&M Agencies, OCAs, etc.
Greenko is a leading energy solution provider in the changing energy landscape of India that is helping drive change to Renewables Energy in India. With a total installed capacity of 7.5 GW, which includes wind (2000+ wind turbines), solar (5+ million solar panels) and hydro (25 sites), Greenko has electrified over 6.3 million households and has removed an equivalent of over 17 million tons of carbon dioxide from the atmosphere.
The first biggest challenge for Greenko was to get a Real time monitoring of Wind Turbine Assets with dashboards. This would help them visualize total number of connected assets, wind speed, power output, average power output, power generation and more.
Keeping the existing challenges and KPI’s in mind, Locuz designed and implemented a highly scalable AWS data pipe and across 4 pillars, Data Ingestion, Data Lake Hydration, Data Visualization and Analytics. You can read a full coverage of the solution and more about the Greenko story on the AWS blog.