Oracle Utilities sees Africa as a strong smart grid market, while more mature economies are set to adopt smart meters much more slowly because of their significant investment in existing distribution networks, says Bastian Fischer, vice-president and general manager.
In South Africa, smart grids will enable better electricity management as power generation becomes more decentralized through greater use of renewable energy, he added.
“Smart grids enable utilities to align the consumption of more volatile and less predictable renewable energies,” he said.
“The smart grid provides two key elements: the capacity to communicate and measure on a very granular level. The smart grid allows for additional services and requirements, which are needed for more equitable energy distribution. It also empowers customers to use energy in a more aware fashion.”
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