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.
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.”
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.
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.
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.
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