Smart Engineering - the future of energy transformation

Parijat Roychowdhury | National Analytics and Cognitive Solution Lead at Modis Australia Posted 26 May 2022

Smart Engineering - the future of energy transformation

To keep the global rise of temperature no more than 1.5°C - emissions need to be reduced by 45% by 2030 and reach net zero by 2050. Therefore, the Energy & Electricity industry must make radical changes in emission to reduce its carbon footprint and is targeted to reduce emissions by more than 90% by 2050.

Climate change is a clear and present danger. Statistical modelling (precisely, the artificial neural network model) predicts target reduction of carbon emission for several countries including Australia between 2005 to 2050. The top three industries that will require massive reduction in emissions are Energy and Electricity, Transportation & Industry, Mining and Manufacturing. The Energy industry needs to reduce emissiosn by up to 97% followed by Transportation at 71% then Industry, Mining and Manufacturing by 54%.

smart engineering diagram

At Modis, we have identified the global energy and utility market trends and key themes and have built solutions for the industry starting from decarbonisation to decentralisation. Whether it is bringing the global net zero emission by 2050 or leveraging AI and ML to streamline energy generation and storage – Modis is playing a key role. 

Energy market challenges and opportunity

smart engineering diagram

Distributed Energy Resources (DER) are transforming our electricity system, presenting both challenges and opportunities. DER are smaller– scale devices that can either use, generate or store electricity, and form part of the local distribution system, serving homes and businesses. DER can include renewable generation such as rooftop solar photovoltaic (PV) systems, energy storage, electric vehicles (EVs), and technology to manage demand at a premise.

In Australia the adoption of DER, especially rooftop solar, has been extraordinary. Since the beginning of the program in 2020 there has been more than 2.5 million devices registered. Looking at the AEMO data, in South Australia 78.7% of total electricity generation was from rooftop solar on 4th Nov 2021. 64.5% of total generation in Western Australia was from rooftop solar on 30th Oct 2021 and other states are showing similar figures.

Distributed Energy Resource challenges

The speed and scale of the uptake of DER is presenting serious risks to the power system. If not properly managed, high levels of DER, most notably rooftop solar PV, will impact customers by eroding the security and reliability of the electricity system and creating higher costs. The key objective of a sustainable and secure energy future is where DER is integral to a safe, reliable and efficient electricity system, and where the full capabilities of DER can provide benefits and value to all customers.

Distributed Energy Solutions & Opportunities

The power system operates within defined technical limits, and it can supply adequate power to satisfy customer demand. Increased variable supply from the renewable generation results in a duck curve load on the network leading to negative pricing of wholesale electricity. Modis built a Distributed Energy Resource Management System with one of our retail electricity customers in Australia to overcome the effects of negative pricing using AI, ML & IoT. The solution allows us to predict future events of negative pricing and control the rooftop solar generation of contracted customers. The benefits are managing network capacity by controlling variable supply and maintain low electricity pricing. As a trusted partner of our customers, Modis has successfully delivered many similar solutions. 

Take control of your energy supply and achieve guaranteed results

Governments, Energy companies, Industries, commercial areas, large buildings, municipalities, and communities are facing three main challenges: costs, security of supply and CO₂ reduction. With the help of distributed energy solutions, it’s possible to turn these challenges into long-term opportunities across all businesses and sectors. These solutions utilise an optimised mix of DER such as renewable energy, combined heating and power stations, or storage systems, supported by sophisticated energy management.

Tailored solutions to cover specific requirements

Different markets require different solutions. Our distributed energy solutions are tailored to suit specific market requirements. The optimal solution is different for every customer. To provide the best offering, we combine modular and proven DER technology, which allows for faster project delivery and easier expandability. Additional performance guarantees like share of renewable energies or system reliability help to minimise risks and to add value.

Consulting and implementation expertise across the entire scope and lifecycle of the project

Each project is unique, and its scope is based on specific requirements. With Modis’ decade-long expertise in digital technology and deep domain know-how of the energy market and industries, we cover each step from initial assessment to design, development and maintenance of the implemented solution. The technical implementation of our solutions and service is supported by customised engagement and delivery models, which allow our customers to get the project under way faster and with optimal scope.

 

Modis is proud to be a sponsor the Australian Energy Week 2022, to be held at the Melbourne Convention Centre from June 6th to 9th.

Parijat ’Roy’ Roychowdhury will be presenting his keynote on ‘Smart Engineering the Future of Energy Transformation’ on WEDNESDAY 8 JUNE: RE-ENGINEERING THE GRID STREAM. He will be discussing his insights on the opportunities and challenges of a distributed energy ecosystem and how Modis is embracing Smart Engineering solutions to digitise, automate and accelerate energy transformation. He will also talk about Modis’ innovation, R&D studies in design, construction, and operational maintenance of renewable energy systems around the globe.

To learn more about Energy Week, visit: energyweek.com.au

This article was originally published by Parijat Roychowdhury on Linkedin.
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