Smart Grid Software links power grid data of operations/consumers.
June 2, 2009 -
Oracle smart grid software unifies information from various segments of Smart Grid network, allowing utilities to optimize delivery utilization/resilience. It helps them support demand response and energy conservation programs, optimize grid maintenance as well as repair and sizing, and ensure compliance with regulatory changes. Users can integrate/manage meter data batch files with Oracle Data Integrator or automate meter/sensor data filtering using Oracle Complex Event Processing.
Oracle's Smart Grid Software to Link Utilities Operations and Consumer Access to Detailed Consumption Data
Pragmatic Approach Enables Utilities to Begin to Recognize Smart Grid Benefits Prior to Full Smart Grid Deployment
WASHINGTON, May 19 / / - CS WEEK 2009 -
News Facts
- Oracle Utilities announced the introduction of Oracle's smart grid
software - an end-to-end software offering including mission-critical
applications and back-end technology infrastructure. The products are
designed to support utilities as they work to optimize the value of
their smart grid components today while advancing toward a complete
smart grid build out that leverages advances in IT, communications
technology and energy technology to improve delivery utilization/resilience and empower consumers to address environmental
concerns.
- Oracle offers a pragmatic approach to smart grid deployment, allowing
utilities to begin recognizing the benefits of the smart grid now,
while supporting a transition to a full smart grid architecture in the
future, with lower cost and risk.
- Oracle's smart grid software is a comprehensive, multi-solution
software offering that addresses the two sides of the smart grid
paradigm - allowing utilities to choose how to manage their operations
and provide information to consumers to enable them to make better
energy usage decisions.
- The offering helps to support cross-utility business processes, such
as implementation of demand response and energy conservation programs
that help utilities control and conserve power, take advantage of
renewable energy and deliver information to end consumers to empower
decision making. It also helps to accelerate and improve grid
maintenance as well as repair and sizing, while enabling compliance
with regulatory changes and accommodation of emerging standards.
- In the recent Oracle survey, "Turning Information Into Power: Moving
Toward the Smart Grid," the vast majority of consumers surveyed
reported concern about the energy costs at their primary residence and
are interested in receiving more detailed information about their
energy use. Also, utilities managers surveyed believe it is critical
that the United States adopt smart grid technologies. However, only
16 percent of the utilities surveyed have begun the implementation of
smart grid technologies.
Oracle's Smart Grid Software Details
- Oracle's smart grid software unifies information from various segments
of the Smart Grid network, including service delivery, customer
interaction and consumer energy usage. Components of OracleŽ Fusion
Middleware underlie these applications with processes that help
integrate and manage large meter data batch files with Oracle Data
Integrator or automate meter and sensor data filtering and front-end
processing using Oracle Complex Event Processing. The solution also
provides standards-based integration with a technology infrastructure
that includes Oracle Database, as well as software for project
management and enterprise analytics. Oracle's smart grid software
includes the following solutions:
- Oracle Utilities Network Management System - Integrates with
advanced metering infrastructure (AMI), allowing utilities to
proactively respond to outages and be more precise when providing
consumer alerts and notifications - enabling the smart meter to
send a "last gasp" message to report a power loss thus eliminating
the need for a customer to report the outage. Oracle Utilities
Network Management System also supports automated isolation of
faulted feeder sections and the re-energizing of un-faulted
sections, minimizing sustained outages. Its integrated
distribution capability supports the continual assessment of power
delivery and available feeder capacity in a distribution network
that optimizes operations.
- Oracle Utilities Customer Care and Billing - Allows utilities
to harness the benefits of new smart grid technologies and AMI,
such as two-way communications, to better contain operational
costs and control consumer energy demand through conservation and
time-based pricing programs, as well as improve customer service
and environmental awareness. It can provide customers with a
clear picture of the relationship between their consumption and
environmental impact, then offer service options to help change
behavior.
- Oracle Utilities Load Analysis - Performs peak load analysis,
including coincidental peak demand analysis by customer rate
class. This solution also balances premise level loads to system
loads, incorporating variable, fixed losses and unaccounted for
energy.
- Oracle Utilities Work and Asset Management - Provides complete
asset lifecycle management, which can ultimately extend the life
of aging assets, enable utilities to manage network renewal
projects, and enhance cost control and visibility while improving
system reliability and customer service. In addition, by
monitoring and performing maintenance on a timely basis, utilities
can reduce the environmental impact resulting from equipment
failure.
- Oracle Utilities Mobile Workforce Management - Supports efforts
to ensure service availability and automate field operations via
dispatch, scheduling and routing. It provides field workers the
optimal route with the least mileage and fewest truck rolls, which
helps reduce fuel consumption, highway congestion and tailpipe
emissions.
- Oracle Utilities Meter Data Management - Provides a centralized,
robust system to support smart grid and green initiatives by
connecting AMI usage data and presentment tools, so consumers can
view their usage - allowing them to make informed conservation
decisions. Utilities can also configure the application to
support demand response programs including: customer recruitment,
event planning, event notification and compliance.
- Oracle Hyperion Performance Management applications and
Oracle Primavera applications - Leverage comprehensive
performance and project management functionality to enable the
planning, scheduling and installation of utility-controlled
renewable devices - such as solar panels on homes and buildings.
- Oracle Database - Scales to tackle exponential growth in data and
enables utilities to more effectively manage network operational
data to improve performance.
- Oracle Governance, Risk and Compliance - Simplifies compliance
with NERC (North American Electric Reliability Corporation) and
FERC (U.S. Federal Energy Regulatory Commission) with an
enterprise GRC platform for standards and policy documentation;
risk-based assessment; and closed-loop remediation, certification,
and reporting. Integrated controls monitoring also enforce
segregation of duties to reduce the risk of improper access and
fraudulent activities.
Supporting Quotes
- "As utilities move toward leveraging the power of the smart grid,
Oracle is prepared to support the industry with the tools they need to
manage operations agilely and communicate rapidly with consumers for
maximum efficiency. The flexibility and scalability of our smart grid
software, as well as Oracle's broad software offering, enable both
immediate benefits now and an easier transition to a full smart grid
architecture in the future," said Quentin Grady, senior vice president
and general manager, Oracle Utilities.
- "Utilities face many challenges as they make the move toward the smart
grid - from providing consumers with actionable information about
their energy use, to preparing to accept new renewable energy sources
into the grid. Utilities can maximize success by developing detailed
transition plans, securing buy-in from stakeholders and implementing
integrated, standards-based technology. We have been very impressed
by the initial 'smart grid' strides made by Oracle's utility R&D team
in its evolving Oracle Utilities Network Management System suite.
Oracle's end-to-end solution - from back-end database to
mission-critical applications - can help support both the
'traditional' IT computing requirements and the operational computing
requirements of electric utilities as they take the first steps," said
Chuck Newton, president, Newton-Evans Research Company.
- "Applications software, along with intelligent devices and
communications networks, is one of three critical technology
components of the smart grid. It enables utilities to turn large
volumes of real-time data into actionable information they can use to
implement demand response programs, integrate renewable and
distributed energy resources and improve grid operations. The
software required for the smart grid includes both new applications
such as meter data management and advanced analytics, as well as
modifications and updates to existing applications such as customer
information systems and distribution management systems," said Rick
Nicholson, vice president, Energy Insights, an IDC company.
About Oracle Utilities
Oracle Utilities delivers the proven software applications that help utilities achieve competitive advantage, business performance excellence and a lower total cost of technology ownership. Oracle Utilities integrates industry-specific customer care and billing, network management, work and asset management, mobile workforce management and meter data management applications with the capabilities of Oracle's industry-leading enterprise applications, business intelligence tools, middleware and database technologies. Oracle Utilities enables its customers to adapt more nimbly to market deregulation, meet ever-evolving customer demands, and deliver on commitments to environmental conservation. For more information, visit http://www.oracle.com/industries/utilities.
About Oracle
Oracle (NASDAQ:ORCL) is the world's largest business software company. For more information about Oracle, please visit our Web site at http://www.oracle.com/.
Trademark
Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.
Source: Oracle Corporation
CONTACT: Carol Sato of Oracle Corporation, +1-650-633-5551, Carol.sato@oracle.com
Public Relations:
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Janice Hazen
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Phone: 770-938-4753 E-mail this person
General Information:
Carol Sato
USA
Phone: 650-633-5551 E-mail this person Company Information: Name: Oracle Corp. Address: 500 Oracle Pkwy. City: Redwood Shores State: CA ZIP: 94065 Country: USA Phone: 800-672-2531 FAX: 650-506-7200 http://www.oracle.com
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