Sophisticated monitoring tools make the internet of things for power systems manufacturers an exciting possibility for improved connectivity and efficiency in the field.As promised, the internet of things continues its march towards becoming the next big technological advance of our time. When devices and equipment are armed with sensors and software, networked together through the internet, they’re able to communicate and provide information we could once only dream of. Similar to how the IoT has shown its worth in the construction equipment industry, we now find its implications reaching another integral industry: power systems. With the ability to add smart sensors to power system equipment, we will see an increase in efficiency and optimization that could revolutionize energy for all of us.
Power System Manufacturers can Utilize IoT Data to Both Save and GainWhen we think about adding smart sensors to power systems, the first thing that comes to mind is energy conservation. Power is something that all organizations utilize, but not all do so in an efficient manner. By adding IoT sensors, automated meters can transmit data that would then help customers make smarter decisions on energy usage. Even further still, this could allow utilities companies to incentivize efficient consumption and could increase customer loyalty for companies that meet good energy standards. Utilizing the Internet of Things efficiently for power systems is dependent on monitoring the peak usage periods. Power is exponentially more expensive during the times when most people are using it. Real-time usage information sent through the IoT would enable power generators to know the supply and demand and manage it more efficiently on its own.
Power System Manufacturers See the Positive Effect of IoT TechnologyPower systems often fall into the “mission critical” realm of organizations. It is imperative that these systems work because if they fail it means that almost all functions go down with them. Service companies establish preventative maintenance programs to prevent power outages, but the fact remains that issues can slip through the cracks. With the IoT, equipment communicates the health of the system at all times, adding an extra layer of data that makes monitoring even more reliable. One such company investing in this IoT technology is General Electric. GE embeds 20 sensors in each of its 12,000 turbines, allowing data to funnel back in real-time to their central monitoring facility where they are continually on the lookout for leading issues like vibrations, bearing temperatures, exhaust, and other indicators of machine health. If these indicators fall outside a designated level, GE can catch it right away.
IoT Would Bring A “Less Is More” Approach to Power Systems EfficiencyWhile the power systems industry has already seen some innovative implementations of IoT, those that benefit from power services also have a lot to gain from this technological advance. Here are just a few ways we could see IoT affect all those connected to the power industry:
1. Energy ConservationWhile there are times when increased energy usage is a must, there are also times when it is not in such demand. Smart sensors in energy meters would allow providers to see when and how our power is being used, and in turn, optimize output accordingly. Perhaps most importantly, we must remember that there are limitations on most of the energy resources on Earth. This would help to incorporate more sustainable forms of energy into organizations.
2. Cost ReductionsSimilarly, optimizing how much systems output can equal big savings. It’s no secret that less used means less spent, but with this constantly monitoring technology, the responsibility of knowing how to balance use and cost is done for you. Over consumption surprises will be a thing of the past.
3. Greater SecurityPower failures are bad enough, but become even worse when your backups fail as well. Being able to know the health of all of your energy stores at all times means that you are prepared at all times. This visibility into your equipment means peace of mind for your customers who require operations that must continue indefinitely.
Efficient Power Management Becomes a Powerful Tool with IoTThose who follow IoT often only see device and material implications of this technology, but its reach is further ingrained in how we live. By utilizing the data of IoT, power equipment companies can more efficiently manage and repair equipment to keep their customers’ equipment up and running, conserve energy and costs, and provide the most reliable service possible.
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