New Technologies, New Methodologies, New Partnerships, New Ways of Thinking
Michael Cunningham, Chief Operating Officer of the Camlin Group is a keen observer of the industry and sees Camlin playing a key role helping utilities navigate this changing landscape.
“Decarbonization and the road to Net Zero underpin everything,” he says. “The topology of the network is going to be very different ten years from now, with onboarding of renewable energies and low carbon technologies at every level in the grid, from the consumer with electric vehicles and solar panels right up to high voltage renewable generation and everything in between. That means an electricity grid with multi-directional power flows and a changing demand landscape, making it very difficult to plan and predict the behavior of the grid into the future. Utilities can only see with any reliability a short time into the future, and the grid must withstand that. As it stands right now, this is exceptionally difficult. To meet these challenges successfully, the industry needs to evolve rapidly, which needs new technologies, new methodologies, new partnerships and new ways of thinking.”
Michael sees conventional understanding of the industry being severely disrupted: the view that on one side there are network operations focused on timely and efficient energy flow, and on the other side, asset management focused on the management of both risk and capital assets. This is not how the industry is likely to operate in the rapidly approaching future as the rise of renewable power generation turns this industry orthodoxy on its head.
Alongside large, centralized power generation plants, sources of renewable generation will proliferate rapidly and lead to much more complex, decentralized networks where traditional lines between networks and power generation become blurred. The tried and tested approaches established over decades, such as the asset management function of analysis of risk and risk mitigation, which have served utilities for the last thirty to forty years, will need to be updated significantly to manage the new complexities. Central to managing the new paradigm will be data and digital tools.