The power and utilities industry is undergoing an evolution. More and more consumers across the globe are taking a hands-on role with their residential energy. Not only are they installing simple, do-it-yourself energy-management devices, such as smart thermostats and smart light bulbs, but they are also demanding better services from their utility providers. Consumers want more choice, optimization, and predictability in their energy usage.
Using Intel® architecture, energy customers will now participate in an energy model where they can control the energy used in their homes. This changes the system in some dramatic—and positive—ways.
Power and utility companies can respond to this shift from regulated, centralized, and steady to clean, intelligent, distributed, and consumer-driven energy generation by capturing the value of edge IoT devices. If done right, it can be a significant economic opportunity for power and utilities executives.
The AWS and Intel Collaboration
Executives can capture more value from edge devices and strengthen relationships with their customers by taking advantage of powerful solutions from two of the biggest names in IoT technology: Amazon Web Services (AWS) and Intel. The two companies, longtime collaborators, are launching power and utilities initiatives with the aim of improving customer experiences and boosting energy efficiency.
Intel has designed their solutions with mass adoption in mind, supporting simple integration of services from a range of vendors through a multi-tenant services architecture. We balance performance, function, thermal, and cost demands with Intel Atom® processors and Intel® Cyclone® FPGA offerings, and optimize demand/response across the grid and effectively manage loads during peak times through Intel® Energy Collective Optimization software.
Extracting Insights and Cutting Costs
AWS and Intel® solutions—including analytics, voice services, and security technologies—provide power and utility companies the opportunity to radically change their business. For example, they will be able to gain insights into consumer usage and preference, optimize their services based on that insight, and thus improve customer engagement.
Other benefits and capabilities:
- Ingest heterogenous IoT datasets and extract data insights from the grid to enable demand flexibility and load demand/response management.
- Aggregate the energy flexibility of everyday devices to integrate distributed energy sources such as wind and solar, helping reduce marginal energy costs.
- Improve equipment monitoring and management, lowering downtime, by processing data faster and acting on it in real time.
By implementing AWS and Intel® technologies, power and utility companies can stay at the front of their industry’s evolution with secure, compliant, and cost-effective solutions that help maintain and improve relationships with customers.
Intel’s role as a distributed grid architecture provider is growing. We’re excited to participate in these changes to the energy industry. Soon we’ll see smarter homes, smarter consumers, and more competitive energy providers around the globe.
Join the AWS and Intel teams at European Utility Week.
Read more about power and utility companies working with AWS and Intel at https://aws.amazon.com/power-and-utilities/resources/?nc=sn&loc=4.
Learn more about Intel in Energy at www.intel.com/energy.