![]() Response to natural disasters, cyber-security risks and other external risks Management with consideration for quality and lifetime costs of massive amounts of equipment and assets dispersed across many locations Grid operation amid changes to energy portfolios as a result of the mass introduction of renewable energy Hitachi is working to identify the issues of electric utilities from the following three perspectives. Issue: Using Digital Technologies to Overcome Issues and Risks that are Difficult to Predict In this market, Hitachi aims to create digital solutions based on customer issues by interviewing customers to identify their problems directly. The North American market is said to have around 3,000 electric utilities, which take a more proactive approach to improving the management of their business by utilizing digital technologies. Electric utilities are seeking to resolve various management issues by converting data obtained via day-to-day operations into management indicators such as through the integration of data dispersed across storage on various individual systems (which was not utilized effectively until now), application of necessary sensing, and the development of simulation and prediction technologies utilizing this data. One approach currently gaining attention as a means of resolving these management issues is the use of digital technologies such as data analysis using IoT and AI. ![]() The challenges facing electric utilities as the adoption of renewable energy becomes more widespread include maintaining the balance of supply and demand, and ensuring resilience and security with regard to natural disasters such as typhoons and wildfires. Today, major global trends such as decarbonization, distribution of power grids and the growing introduction of renewable energy sources are forcing electric utilities to change the way they manage their business. ![]() Background: Digital Solutions Supporting the Transformation of Electric Utilities
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