The Power of Connection: How the Internet of Things is Transforming Electrical Utilities
Session Abstract:
The electrical grid faces increasing pressure to become more efficient, reliable, and sustainable. This talk explores how the Internet of Things (IoT) is emerging as a powerful tool for addressing these challenges faced by electrical utilities. We’ll delve into the forces pushing the need for IoT adoption, from rising energy demands to the integration of renewable energy sources. The discussion will dissect how different parts of the grid are being impacted by this technological shift. We’ll examine how smart meters, sensors, and connected devices are transforming grid monitoring, optimizing power flow, and improving customer engagement. However, this transformation isn’t without its challenges. The talk will explore the potential risks associated with IoT implementation, including cybersecurity threats and data management complexities. By carefully weighing these risks against the substantial benefits of IoT, such as increased efficiency, improved reliability, and cost savings, utilities can unlock the true potential of a smarter grid.
Speaker:
An experienced C-suite executive, Guy Merritt has 35 years engineering leadership advising and developing IoT solutions, native cloud-based systems, products and engineering & manufacturing test solutions for a wide variety of industries. He is an author of the award-winning book “Proactive Risk Management: Controlling Uncertainty in Product Development.”
Access Virtual Session via Linkedin Live:
https://www.linkedin.com/events/7204186885827477504/