Power is one of the most critical components of infrastructure. The rapid economic growth in India has accentuated a surge in the energy demand in the country. The installed capacity of electric power has increased to a staggering 330,860.58 MW. With electricity production of 1,160.1 BU in India in FY17, the country witnessed growth of around 4.72 per cent over the previous fiscal year.
Digitisation of power plant operations, overhaul of old plants and optimisation of the energy mix are some of the steps needed to ensure power sector growth. Digitisation of power plants helps in reducing emissions and enhancing plant efficiency. In addition, digitisation helps in managing grid stability in light of the growing renewable energy capacity. The key advantage of digitisation of power plants is with regard to managing the operations of the fuel gas system. Another benefit of digitisation is flexible operations of the plant. Digitization of the power grid in the country will ensure better optimization of resources with the power sector and will eventually bring down the cost of electricity in the country. This is all about reducing the AT & C losses- technical and commercial losses- with more digitization, more losses can be reduced. Traditionally, the energy equation has been addressed from the supply side- adjusting the amount of electricity generated to ensure that supply matches demand. Technology capabilities such as the Internet of Things (IoT), analytics and cloud are a critical part of any digital transformation and can provide the platform for digitizing the grid.
Against this backdrop, Confederation of Indian Industry (CII), Eastern Region is organizing the Ninth edition of Energy Conclave, the annual flagship initiative of CII on 17 August 2018 at The Oberoi Grand, Kolkata. Energy Conclave is committed towards creating an enabling ecosystem for the power sector and this year the theme of the conference is “Redefining Energy: Digitizing Power Sector, Enhancing Reliability”.
Energy Conclave is the biggest forum of the energy sector in the eastern region and over the years it has evolved into a platform for every energy professionals to deliberate on the key issues and best practices of the sector and create a roadmap for future development.
Energy Conclave 2018 would have the following sessions apart from the Inaugural:
Plenary Session 1: Roundtable on Future of Digitization in Power sector: The Business Perspective
Plenary Session 2: Digitization with New Business Avenues in Energy Sector
Plenary Session 3: Perspective of GENCOs and Renewable Energy on Digitization
CII BCG Report 2017Download