The energy production and delivery industry is rapidly moving towards placing many more smart sensors, and meters, along the production, transmission and distribution systems to get granular real time data about the current state of faults and load. Overall this is known as the Smart Grid. Additionally, there is a growing trend towards "digital plants" with numerous sensors instrumenting them and making real time decisions. Powerful analytics on this data, when combined with other sources such as Outage and Distribution Management Systems (OMS/DMS), weather data, 3rd-party event monitoring systems, Meter Data Management Systems (MDMS) can help utilities take necessary actions to avoid electric grid failures that could cause outages, to improve security and to optimize capacity and redundancy These investments also can help empower their consumers by providing them with near real-time information about their energy usage patterns and engage in demand-response and other conservation measures, as well as time-of-use and real-time pricing. A smarter grid is also more amenable to integrated renewable energy sources.
There are a number of Streams use cases emerging within the area of Intelligent Grid / Smart Grid:
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