"By 2020, there are supposed to be abuot 40 million electric vehicles on the road worldwide, but we don't have the infrastructure to charge them yet," said Bob Furry, general manager and vice president for EPM commercial operations at Ventyx, as he began to enumerate the many challenges the worldwide electrical infrastructure will face in the coming years. "In addition, many renewable energy sources need to be connected to the grid, but they're remote, and so we're going to need many more high-voltage dc transmission lines. So, we'll also need more distributed grid management to optimize the grid, and help secure the added capacity we'll need. Also, we must simultaneously increase reliability to prevent blackouts and brownouts, and enable quicker responses to limit outages when they do occur."
These goals can be accomplished with better data gathering, processing and analysis about the grid and its generating, distribution and consumption aspects, Furry said. This is why ABB and Ventyx—which ABB acquired a year ago—are collaborating to integrate their grid operations technologies with information technologies (IT). Other efforts needed to reach these goals include advanced metering infrastructures, distribution grid management, asset health management to handle aging hardware, coordination of renewable sources, and even Ventyx's Virtual Power Plant software to better present operations information to aid forecasts and efficiencies. Furry presented "A Smart Grid Vision From Source to Socket" this week at ABB Automation and Power World in Orlando.
