Manage Resources More Intelligently for a Smarter, Greener World
Renewable energy production can fluctuate with weather changes. High volatility from intermittency of renewables adversely affects grid integrity. Traditional energy sources are run as a backup, causing pollution, waste and inefficiencies.
HitachiHitachi is a highly diversified company that operates eleven business segments: Information & Telecommunication Systems, Social Infrastructure, High Functional Materials & Components, Financial Services, Power Systems, Electronic Systems & Equipment, Automotive Systems, Railway & Urban Systems, Digital Media & Consumer Products, Construction Machinery and Other Components & Systems.Year founded: 1910Revenue: $94.0 billion (2014)TYO: 6501
Logistics & Warehousing Maintenance
Utilities, power producers and C&I customers
- CONNECTIVITY PROTOCOLS
Sensors connect, measure, monitor and manage energy delivery and performance in real time. Algorithms lend insights into key factors, such as weather conditions, that impact renewables. Analytics illustrate and correlate how market dynamics, weather and asset status impact energy supply, to balance it with demand. Machine-learning models prepare optimized generation and trading plans based on market, capacity, demand, weather and pricing data, and inherent restrictions.
- DATA COLLECTED
- SOLUTION TYPE
- SOLUTION MATURITY
Cutting Edge (technology has been on the market for < 2 years)
- OPERATIONAL IMPACT
Maximizes renewable energy resources to meet clean energy goals.
Impact #2 Impact #3
- QUANTITATIVE BENEFIT
Improving operating profits up to 122%.
Creates flexible energy capacities by increasing trading volumes up to 150%.
Automatically optimizes energy-generation scheduling, operations and delivery, which can reduce generation costs up to 6%.
- USE CASES