Energy Sector Transformation: Leveraging RPA for Smart Grid Management and Renewable Integration
Authors: Chandra Prakash Singh
DOI: https://doi.org/10.5281/zenodo.14631613
Short DOI: https://doi.org/g8zdsx
Country: United States
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Abstract:
Digital transformation is a phenomenon introduced by the transformative power of digital technologies, and it has become a key driver for the energy sector, with advancements in technology leading to significant changes in the way energy is produced, transmitted, and consumed. The impact of digital transformation on the energy sector is profound, with benefits such as improved efficiency, cost reduction, and enhanced customer experience. Digitalization has the potential to save the power industry around USD 80 billion per year, or 5% of total annual power generating costs. These cost savings arise from reduced operating and maintenance expenses, fewer unexpected outages and downtime, improved efficiency of power plants and networks, and extended asset operational life. For example, the use of drones to monitor transmission cables over rugged terrain showcases the innovative applications of digitalization.
This paper provides a review of the impact of digital transformation on the energy sector, highlighting key trends and emerging technologies that are transforming the sector. The discussion extends to the drivers of digital transformation, including the push for renewable energy, enhanced customer satisfaction, and the demand for greater operational efficiency. Barriers such as legacy systems, data quality issues, and cybersecurity challenges are also addressed. This paper concludes that, despite the hurdles, digital transformation holds the potential to significantly improve the energy sector’s efficiency, sustainability, and resiliency.
Robotic Process Automation (RPA) emerges as a key enabler in optimizing energy distribution, grid monitoring, and renewable energy integration. This white paper explores how RPA can address challenges, enhance operational efficiency, and facilitate the seamless integration of renewable energy sources into smart grids.
Keywords: Digital transformation, digitalization, energy sector, power industry, artificial intelligence, smart grids, renewable energy efficiency
Paper Id: 232010
Published On: 2020-02-05
Published In: Volume 8, Issue 1, January-February 2020