Hitachi ABB Power Grids unveils smart digital substation
Hitachi ABB Power Grids has launched its new smart offering that brings together the latest in digital substation technology and the unique predictive, prescriptive and prognostic capabilities of Hitachi’s key asset performance management solution.
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Hitachi ABB Power Grids, a global technology leader with a combined heritage of almost 250 years, has announced the launch of its smart digital substation offering which brings together the latest in digital substation technology with the unique predictive, prescriptive and prognostic capabilities of Hitachi’s industry-leading Lumada Asset Performance Management (APM) solution.
The smart digital substation forms part of a new wave of innovation that began with the recently announced integration of Hitachi ABB Power Grids’ Digital Enterprise software into Hitachi’s Lumada ecosystem, said the statement from the top Swiss company.
By replacing copper wires with fiber optic cables, the Smart Digital Substation enables companies to reduce their carbon footprint with a smaller site and plan the next steps in their digital journey by employing digital technology and analytics in their operations today.
On any given day, operators are now empowered with more data on every aspect of their facility - from the composition of a circuit breaker’s insulation (a red flag for potential catastrophic failure) to using unstructured video footage to help determine the probability of unplanned downtime for primary equipment throughout the substation.
The smart digital substation also makes it possible to increase reliability, integrate new forms of cleaner energy and deliver energy services in smarter, safer ways - necessities for navigating the shift towards more distributed and less predictable renewable power generation.
Substations are the cornerstone of the electric grid, helping to transform voltage levels from high to low or vice versa and to securing and dispatching power flow.
They play a vital role in transmitting and distributing electricity safely across the grid from the point of generation to the end-consumer. The digital substation market is projected to grow at a CAGR of 7.1 percent over the next five years from $6.4 billion in 2020 to $9.1 billion by 2025, said a top official.
By harnessing data generated by devices and sensors, the Smart Digital Substation provides owners and operators “next-level” capabilities including actionable insights and a more complete view of their operations.
The integration of Lumada APM adds a layer of analytics and simulations enabling decision-makers to address issues on an asset before any disruption to operations. These analytics can be extended beyond the substation fence to assess risk and probability of substation or asset failure throughout a company’s fleet.
In addition, Hitachi ABB Power Grids has a global network of digitally connected Collaborative Operations Centers (COCs) to ensure world-class customer service from experts wherever and whenever needed.
Rapid-response services backed up by the COC network are core to all customer service agreements. This approach provides the foundation for a range of new digital service offerings including the customer asset base lifecycle management program.
Recently awareness has heightened around the industrial sector as a potential target for cyberattacks.
With concerns around the safety and well-being of their staff, critical assets, customers and the environment, industrial companies have prioritized protection against these threats.
"Maintaining productivity in the face of asset portfolio shifts and the uncertainty of electricity loads and revenues requires sophisticated tools that allow for holistic decision making – optimizing both financial performance and grid operations," remarked Massimo Danieli, the managing director, Grid Automation business unit, Hitachi ABB Power Grids.
"The Smart Digital Substation offering is aimed at enabling digital transformation and supporting our customers’ journey towards a more decentralized and distributed energy landscape and a more sustainable future," he noted.
Rick Rys, senior consultant at ARC Advisory Group, said: "Substations remain critical for grid reliability and resilience. Today's digital substations bring both to new levels, while typically introducing new automation and asset management capabilities."
"With the launch of its new smart digital substation offering, Hitachi ABB Power Grids has enhanced its asset performance management prognostics that use models of key grid assets such as transformers, wires, insulators, and other substation equipment," observed Rys.
"This offers the potential to further improve substation productivity, sustainability, and reliability," he added.-TradeArabia News Service
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