GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Technology

 
  Share
  • Smart Grids can help lay the foundations for energy and cost-saving applications and renewable energy development in the MENA region
  • The utilities sector and the society stands to greatly benefit from wider adoption of smart grid technologies in the future
  • Developed countries are already leveraging smart grids to fulfill key priorities relating to energy efficiency and reliability

Dubai, UAE, January 12, 2017: The utilities sector has historically under-invested in information technology (IT), but an increasing number of utility companies in the MENA region are waking up to the benefits of smart technology – particularly smart grids, a Booz Allen Hamilton report has found.

According to Masdar Institute of Science and Technology in Abu Dhabi, smart grids offer enabling technology to achieve the objectives spelt out in Abu Dhabi's 2030 Economic Vision and indeed the other emirates.

In Dubai, the Dubai Electricity and Water Authority (DEWA) is employing Smart Meters and Grids to provide various benefits and new applications to its customers, including automatic and detailed readings . Both of these are a sign of growing reliance on smart technologies to increase business efficiency in the UAE.

In its latest report, Switched On: How MENA Can Build Smart Grid Success, Booz Allen states that customizing smart grid strategies to suit an organization's objectives and mitigate challenges, while focusing on business transformation will determine the successful adoption of smart grids in the UAE.

Smart grids are a convergence of the electric power, communications and IT industries, built on the foundations of advanced metering infrastructure, or AMI—an integrated system that enables two-way communication between utilities and their customers.

Using a blend of classic electric grid with information, communication and control technologies, smart grids help utilities companies overcome many of the operating and customer service obstacles that stand in their way, thus delivering results for both companies and consumers.

The result is greater control over the production, transmission, distribution and retail of electricity, as well as increased efficiency along with the reduced consumption and cost of energy.

Dr. Walid Fayad, executive vice president at Booz Allen Hamilton MENA, says: “Utilities have traditionally been slow to adopt digital technologies, focusing instead on the operations technologies that enable their core business of generating, transmitting and distributing power. In doing so, they have typically taken a reluctant approach to IT, viewing it as a necessary evil for customer management and revenue collection.

“Increasingly, however, we are seeing that MENA utility companies are becoming open to employing smart grid technologies to manage their operations more efficiently. Smart grids provide an opportunity for the region to modernize its infrastructure and lay the foundations for renewable energy development which can help economic diversification.”

The way forward

The benefits of a smart grid are manifold, including opening up new opportunities for renewable energy production and storage. They also help cost-cutting, system upgrading and maintenance, and improve customer service to end-consumers.

Furthermore, smart grids introduce new metering, billing and payment methods, as well as greater access to, and accuracy of, data and information for customers and utilities alike.

Several developed countries are already leveraging the smart grid to fulfill a number of key priorities, which relate primarily to energy efficiency and reliability. Utilities in North America, for example, have focused on distribution automation and transmission modernization to fulfill their goals.

But alongside any digital innovation come challenges and it is imperative that utilities companies fully understand these before they develop their smart grid strategies.

Dr. Adham Sleiman, vice president, Booz Allen Hamilton MENA, says: “Utility companies must remember that smart grid is not a one-size-fits-all solution. To optimize the investment that utilities make, the smart grid must be tailored to address the specific goals and challenges faced by each organization.”

“For the region's utilities to be successful in their smart grid strategies, they must take a more effective approach to technology selection, proofing and piloting, and focus efforts on developing solid strategies that take smart grid ambitions beyond the pilot, making tangible and lasting impact on the ground,” Dr. Sleiman concluded.


Posted by : GoDubai Editorial Team
Viewed 5691 times
Posted on : Thursday, January 12, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Ericsson, Qualcomm and AT&T announce collaboration on 5G New Radio trials intended to accelerate wid...
Next Story : Smart Stores Expo 2017 to Highlight Design and Technology Innovation in Region's Retail Sector
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Grand Optics exclusive: Le Specs eyewear collection LUXE Nucleus
Grand Optics exclusive: Le Specs Eyewear Collection Escape to the Exotic
Introducing Parfums De La Bastide, an Artisanal Maison de Parfum inspired by Pro...
Grand Optics Exclusive: MARNI eyewear collection
Chaumet - Imperial Splendours, The Art of Jewellery Since the 18th Century
From a House to a Smart Home: LG Smart Technology Helps Make Homes More Comforta...
Gold Collagen® to Launch in Dubai, May 2017
GKhair celebrates 10 years of success at Beautyworld Middle East
Dubai's largest Ramadan Night Market is Back!
Azraq, the world's first refugee camp powered by renewable energy
Aab Modest Wear Launches in the UAE
LG showcases a future of multiple savings with trendsetting smart homes
Lexus Unveils All-New LC luxury Coupe to Open a New Chapter in Brand History
Kiko Milano Launches Tropic Heat - A Collection Full of Energy, Colour and Vibrancy
Doha Bank Wins “Best Regional Commercial Bank” at Banker Awards 2017
Celebrate the Joy of Ramadan with IKEA'S Latest Collection
Brand New Flagship ZIPPY store Opens in Dubai Mall Today
Monsoon and Accessorize have it covered for Ramadan 2017
Travel in style with these summer essentials from ban.do, Ted Baker, Tatty Devin...
Wella Koleston: Get ready for an Eid celebration that shimmers bright with color!
MICHAEL KORS Mens' Accessories
Stunning New Collections from Jaguar and Land Rover
Beautyworld Middle East 2017 opens with 11.5 per cent year-on-year growth featur...
Perfecting the Journey with TUMI 19 Degree Global Campaign
Esposa Privé's Ramadan Collection Lands in Dubai & Abu Dhabi
COÉGA Sunwear Swim Essentials
Rado Features Two Timepieces for the Perfect Father's Day Gift
Celebrate the Warmth of Ramadan With Graceful Shades from Baume & Mercier
Exotic Perfume Worth Over AED 608,000 a Bottle Draws Fragrance Buffs at Beautywo...
EUROSTAR Group expands its beauty and personal care product portfolio
Dubai Chamber announces winners of Dubai Smartpreneur Competition
Bubble 42 Juliette Jourdain - The Girl with the Pearl Bubble
Siemens partners with SACGC to boost industrial technology skills in Kuwait
Volvo Cars partners with Google to build Android into next generation connected cars
Sony Mobile Xperia XZ Premium available for pre-order online and in stores in UAE
Pamper Your Loved Ones This Ramadan With Les Classiques Fragrances, a Timeless C...
Carl F. Bucherer Manero PowerReserve
Growing focus on healthy & balanced meals, festivities, is the new spirit of Ram...
Symrise to Showcase Exclusive Products at BeautyWorld Middle East
British Orchard Nursery Wins 3 Coveted Awards at Dubai's Premier International B...
The world's first SOAPENIR, is the ultimate Ramadan gift for loved ones
The Modern Designs of West Elm's New Summer Collection Unveiled
Nikai introduces the 75 inch Smart LED TV
DeLaCour Crafts a Resplendent Salute to Women with the Passion
Danube Properties Redefines Affordable Housing with ‘Bayz'
SAINT HONORE Charisma Twist
HH Sheikh Ahmed Opens Airport Show 2017 on Robust Growth in Aviation
End your fast in style and true culinary brilliance with Cocoa Kitchen
Ulysse Nardin Marine Regatta
New Auto Gate System Opens at Hutchison Ports SOHAR