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A stronger, smarter and greener grid

by Baset Asaba on Oct 1, 2017

Claudio Facchin, president, ABB Power Grids division.
Claudio Facchin, president, ABB Power Grids division.
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There seems to be no tougher job like being in charge of electric power supply for millions of people, and ensuring that power is delivered right from point of generation to the end user. Yet, this occupation is what has come to define the everyday life of Claudio Facchin as President of ABB’s Power Grids division.

Since stepping into this role in January 2016, Facchin’s primary responsibility has been to help utilities build robust systems across their power value chains and enabling a stronger, smarter and greener grid.

“Millions of people depend of electricity for their livelihoods. It is very important to maintain a healthy and operation electric power ecosystem to avoid power failures,” says Facchin. “It is the duty of every utility to have a resilient grid network with help of innovative products and services on the market.”

Utilities in the region are now following the global trend in harnessing new digital technology to build resilient grid networks. Both the external market and internal infrastructure are being transformed by the emergence of the smart grid. In the future, the grid will simply be one autonomous energy system steered by analytics, an example of the Internet of Things (IoT) in action.

With end-to-end transparency of distribution and transmission, utilities and operators will be better able to understand both grid performance and customer behaviour. That insight can be used to optimise OpEx (operational expenditure) and CapEx (capital expenditure) and create new business services.

“The challenge will be not just to gather and secure data from a hugely diverse range of sources, but also to make sense of a wide variety of structured and unstructured formats,” says Facchin.

According to recent market reports, by 2016, the global market for smart grid technologies, which includes sensors, management and control technologies, communication networks, and software, will be worth $80.6bn, a growth of 28.7% from 2011. By 2020, the global smart grid market is forecast to exceed $400 billion.


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