Despite the vast differences between energy industry and manufacturing and processing industry, the connections between deployment of IIoT technology are quite similar; the benefits that both the industries can derive out from IIoT are quite similar. The technology is still-emerging technology to drive the next generation of power grids, the smart grid concept is receiving increasing levels of support from governments globally as a way of addressing energy independence, climate change and resilience to emergency situations.
Smart grid communication is based on wired and wireless technology and the network can be classified based on their functionality within network including, home area network, neighborhood area network, access network, backhaul network, core and external networks. Smart grid refers to a group of technologies that simultaneously come together to add a layer of intelligence by taking advantage of network technologies. This is achieved by collecting near real time data from various grid components like smart meters, switches, reclosers, capacitors bank, integrated electronic devices (IEDs), transformer, relays, actuators and other devices.
The adoption of IIoT in smart grids can offer benefits including better capacity for planning, faster service, improved decision making and enhanced safety and reliability among others. The Technology and Innovation report on IIoT in Smart Grids provides insights on the latest innovations in this technology and the factors supporting its growth. Additionally, the report also highlights the patenting activities in this technology domain with focus on patenting activities by region.
On the basis of software, the IIoT in smart grid technology has been segmented as follows:
- Advanced Metering Infrastructure
- Smart Grid Distribution Management
- Smart Grid Network Management
- Grid Asset Management
- Substation Automation
- Smart Grid Security
On the basis of hardware, the IIoT in smart grid technology has been segmented as follows:
On the basis of regions, the smart market has been segmented as follows:
With the given data, Ingenious offers customizations as per the company’s specific needs.