Avangrid showcases tech solutions for energy industry at annual Digital Summit

Published on October 04, 2023 by Dave Kovaleski

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Avangrid hosted its annual Digital Summit last week, showcasing the latest digital solutions for the energy section.

The two-day event, which took place at Avangrid’s Connecticut headquarters, featured disruptive technologies that will advance smart grids, improve operations efficiency and enhance the customer experience.

“The path to a cleaner future depends on our ability to modernize and keep evolving,” Avangrid CEO Pedro Azagra said. “We will continue to invest in innovation and cutting-edge technologies that drive us forward. Our annual Digital Summit creates a powerful learning environment and is part of Iberdrola’s global event series to analyze the latest trends in digitalization and innovation. Events like this ensure we remain leaders in the digital transformation.”

The summit included an event called TechShows, where organizations including Accenture, Amazon Web Service, Deloitte, Ernst & Young, IBM, Microsoft, NTT Data, PwC, and SAP, hosted separate innovation workshops presenting their newest digital products and services to Avangrid.

“In an industry still learning to adopt big digital transformation and innovation, Avangrid is leading because we truly dedicate the time and energy to transform by empowering people and fostering innovation across cloud, AI/ML, customer experience, and data analytics,” Mansur Ali Mohammed, director of IT architecture, digital and innovation, said. “As we continue to drive a digital future, let’s keep these conversations going, push boundaries, and harness the power of Innovation to shape a sustainable and efficient future in Avangrid.”

Featured technologies at the event included advanced analytics, machine learning, edge computing, Internet of Things, artificial intelligence, and robotics. These technologies can help address electric vehicle load management, customer experience, streamlining permitting, and improving asset performance, among other use cases.

“The IEA (International Energy Agency) has found that 40% of the CO2 reductions needed to shift the world towards net-zero by 2050 rely on technologies not yet commercially deployed on a mass-market scale, so this requires companies to collaborate and innovate at a speed and scale never imagined before, to get to sustainable outcomes that will make a positive difference to the future of this planet,” Shy Muralidharan, worldwide decarbonization solutions lead – energy & utilities at Amazon Web Services, said.

Avangrid invested more than $97 million in energy innovation projects last year. These investments drove reliability improvements and the explored new renewable energy sources, like green hydrogen.

“Deloitte is proud to work with Avangrid and have the opportunity to demonstrate transformative technologies during their Digital Summit and TechShows, which can bring benefits to the communities that depend on these types of services every day,” Brian Murrell, partner with Deloitte & Touche, said.

Avangrid’s innovation efforts earned the company the honor of Top Innovator by Public Utilities Fortnightly Magazine for its Cyber Security Simulation in the Metaverse project.