Digitalisation has simplified operating practices in switchgear maintenance
By EPR Magazine Editorial February 11, 2023 2:15 pm IST
By EPR Magazine Editorial February 11, 2023 2:15 pm IST
Digital switchgear is meeting the industry’s need for bi-directional power flow to accommodate renewable energy sources in the network, says Ajithkumar Kesavan, Director – Sales, Lucy Electric.
How are switchgear innovating with the increasing demand for constant power?
The switchgear market is expected to grow at a CAGR of 7 percent by 2028. The rising energy demand to encourage rapid urbanisation and the new generation mix are expected to propel the switchgear market. The development of new industrial structures, including powerplants for safe and reliable operations, is further estimated to stimulate market growth. Growing standards to control overall carbon emissions and rising consumer awareness to adopt renewable energy like solar are anticipated to accelerate switchgear usage.
Gas-insulated switchgear (GIS) is expected to hold the maximum share of the global switchgear market. Due to its space optimisation, low maintenance, and protection against external elements, the demand for gas-insulated switchgear is expected to rise. The digital revolution is ongoing and has already taken significant steps in the energy segment, bringing immense opportunities and benefits.
Electrical distribution is expected to operate more efficiently and with greater flexibility thanks to innovation in digitisation, from generation to customer relationship management. By maximising the footprint of the switchgear in the substation room and making optimal use of the energy for switchgear operation, installing digital switchgear significantly improves operating efficiency.
As we continue this journey to a digitalised world where big data processing, cloud services, and data communication take giant leaps. It will be fascinating to see how we can make future electrical grids even brighter and provide digital opportunities to improve operations throughout the value chain.
How is the Indian switchgear industry faring in the global energy market?
Rapid population expansion, urbanisation, and industrialisation are raising the need for electricity. This will likely fuel the growth of the Indian switchgear industry. The fast improvement in the power distribution sector, owing to the increasing implementation of smart grids and smart meters under RDSS schemes, is the fundamental factor driving the growth of the Indian switchgear market. The infrastructure development schemes initiated by the Indian government, like Smart Cities, Make in India, Digital India, the Integrated Power Development Scheme, and the Atal Mission for Rejuvenation and Urban Transformation, have significantly contributed to the growth of the switchgear market in India.
India’s renewable energy potential is vast and untapped. India is one of the fastest-growing nations in the global renewable energy market. The country’s solar potential is more than 750 GW, and its wind potential is around 302 GW. According to the country’s 2047 energy security scenario, there may be approximately 410 GW of wind and 479 GW of solar PV installed capacity by that time. The renewable energy sector is anticipated to drive the growth of the power generation sector during the projection period.
What are the advantages of advanced switchgear that maintains voltage fluctuation and power supply performance?
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