In this video:
Arun Mahesh Babu MS, MD, Gujarat Power Corp. Ltd., and Managing Director, Uttar Gujarat Vij Co. Ltd.
Topic: Advancements in IT and Governance Practices within the Energy Industry
Key Highlights:
[1] In terms of electricity supply, we are among the first states to provide 24 hr electricity.
[2] By 2050, we will have over 12 TW of renewable energy and the battery storage will be enhanced to 1.3 TW.
[3] Looking at the IT applications in the energy sector we have applications for consumer monitoring, monitoring of AT&C losses, vigilance and checking, transformer monitoring, and meter performance.
[4] With the help of Gen AI we can achieve a stable grid that can automatically manage the fluctuations or a sudden power outage. Also, AI models can be leveraged to predict weather data, improve demand forecast, optimise energy storage operations, and optimise market design and operations.
[5] We are leveraging the smart grid technology to deploy in multiple areas including generation, transmission, distribution, and sustainable consumption.