The energy industry is evolving rapidly as the demand for more, and more sustainable power grows. At the same time, utilities and energy organizations are being reshaped by the shift to remote and hybrid work, dispersed workforces and the need for digital transformation. For the energy transition to succeed in this new environment, collaboration across and between organizations will be of the utmost importance. As a result, the industry is increasingly recognizing the important role sophisticated, cloud-based collaboration platforms will play in their business.
In this article, we’ll explore how cloud collaboration technologies enable utilities to transform from a traditional, reactive approach to energy system planning to one that is modern and proactive and that fosters planning operations that are efficient, reliable and sustainable.
The Impact of Cloud Technologies
These platforms offer enhanced data accessibility and seamless sharing across a utility’s entire ecosystem, necessities for supporting today’s increasingly remote, dispersed and cross-border workforces. These capabilities are also critical to managing an energy organization’s global operations. Stormboard notes that cloud collaboration platforms “make it easy for different parts of the company to talk to each other and work together.”
Building for the Modern Energy Landscape
Cloud-based collaboration platforms also assist utilities and energy organizations in the energy transition. Simulations play an increasingly important role in the planning process as energy systems become more complex and utilities strive to balance costs with carbon emissions. The modeling and visualizations offered by platforms such as PLEXOS Cloud help utilities plan their energy transition and infrastructure developments more efficiently by creating a single, unified system across all markets, users and locations.
Likewise, these platforms enable the cross-functional and cross-industry collaboration that will be required for a successful energy transition. They can also streamline the scope and complexities that are inherent to the integrated system planning (ISP) methodologies being adopted industry wide.
Building for Better Insights, Faster
In modern energy system planning, studies must be conducted swiftly because decisions must be made faster than ever before. Cloud-collaboration platforms not only enable efficient completion of those studies, but they also provide better reporting and the ability to easily share information. As a result, decision makers can analyze energy usage and carbon emissions to inform future decisions.
How PLEXOS Cloud can Help
Cloud collaboration will be critical for utilities and energy organizations as they navigate and innovate their way through the energy transition. PLEXOS Cloud, which is continually updated and enhanced to keep pace with the rapidly evolving energy industry, includes features that enable collaboration across and between organizations on models and studies, backups, version control, easily shared outputs, built-in reports and easy-to-understand dashboards. PLEXOS Cloud also provides reports designed to help executives make critical decisions faster.
Learn how PLEXOS Cloud can enable and enhance seamless collaboration between teams in and outside of your organization
Want to learn more about cloud technology in the energy industry? Check out these additional resources:
BLOG - Experts - Cloud Provides Cost, Security & Reliability Benefits to Grid
BLOG - Cybersecurity Guidelines Released by NARUC and U.S. DOE
BLOG - Cloud Technologies Critical to Energy Utilities and Organizations
BLOG - Why Cybersecurity is Crucial in the Energy Industry
BLOG - Best Practices for a Strong Cybersecurity Foundation
BLOG - Best Cloud Security Practices and PLEXOS Cloud
BLOG - PLEXOS Cloud: A Year of Innovation and Growth in 2023
BLOG - Scaling Up - What You Can Do with Unlimited Compute
BLOG - Flexible PLEXOS Cloud Bundles Tailored to Your Energy Simulation Needs
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