The past few years have seen incredible growth in worldwide renewable energy installations.
In 2021, electricity generated from renewable sources in the EU alone reached a new high of 1068 TWh, a 9% (+88 TWh) increase compared to 2019. Renewables accounted for 37% of EU electricity production in 2021, up from 34% in 2019.
Renewable expansion and self-sufficiency -: how self-sufficient operations are leading the way.
In addition to the natural growth of renewable energy, we are seeing many country and regional led new commitments being signed up to, such as the recent offshore wind pact signed between Germany, Denmark, Netherlands and Belgium, with a value of €135bn. This is fantastic news for the renewable sector operations, but can be disastrous if they aren’t prepared to efficiently handle the growth. Adding capacity just adds monitoring noise and often has engineers in reactive mode—dealing with unexpected downtime and repairs. If engineering isn’t highly efficient in how they manage assets, adding more assets requires adding more people and often results in more downtime. This means profit margins decrease as they grow.
The best way to meet the demands of capacity growth efficiently is by going beyond monitoring to intelligent automation. This article will discuss why current monitoring doesn’t scale and how intelligent automation can fix it so you can grow with confidence.
Intelligent automation is software that removes the inefficiencies from asset management—both from the standpoint of technology and people processes. Here are some of the key features of intelligent automation that specifically remove operational inefficiencies.
By automating both the human and technology of managing energy assets, the valuable time of engineers is better spent toward proactively managing potential issues—thereby reducing downtime.
Tactical outcomes of intelligent automation:
Investing in intelligent automation creates tangible value that allows operators to scale efficiently. As new installations occur, it must be a priority to optimize operational efficiency or else the inefficiencies will be magnified.
Thanks to the incredible demand of renewable energy combined with the influx of investment from the U.S. government, it is a great time to scale operations. But if you are unsure if your operations are efficient enough to scale confidently, consider asking your team the following:
If your team is answering yes to even a few of these questions, it makes sense to look further into intelligent automation. Improving efficiency helps you to scale, but the real value is in reducing downtime and improving asset performance in production. This is what really keeps profitability high—no matter how much generation you are managing.