Please use another Browser
It looks like you are using a browser that is not fully supported. Please note that there might be constraints on site display and usability. For the best experience we suggest that you download the newest version of a supported browser:Continue with the current browser
Achieving the perfect cost situation gives you more scope for strategic investments
Optimize your cost situation
Skillful investment in the future of the grids increases not only security of supply but also the economic efficiency of grid operation.
The transformation of the energy systems often requires investments in the future of grid operation. Change can also impact on revenue flows, since more and more power customers now use less power thanks to energy-efficient devices, or generate their own power in addition. In other locations, regulated electricity prices serve to cap revenues, or companies seek to force further growth. In short, you need to optimize your cost situation to ensure that the grids can continue to be operated economically. To do that, you need to know precisely where you need to invest, and how – and where the funds will come from. Making better use of available resources can reduce costs, and the funds thus freed up can be invested in greater future security.
Novel financing models like “lease to buy” or “pay as you save” can prove practical options, just like new technologies to make better use of existing resources like predictive maintenance strategies. Close market observation can highlight new revenue options that can then be capitalized on with targeted investment. Partnership approaches are useful in many cases as a way of bolstering your own core competencies while letting others handle the less important areas, or drawing on special services to deal with them.
Products and solutions
Proven solutions with savvy
There are lots of ways to improve economic success. The best result is achieved when all the possibilities are ideally coordinated. For this to happen, it is essential to have a detailed understanding of the challenges facing grid operators and power providers, have a good grasp of the energy systems and understand the conditions on the market.
Novel technologies to make better use of available resources can be used if anything still needs to be modernized. Further cost reductions are provided by specialized partner companies that offer customized services and can optimize areas outside of your core business. Detailed analysis of strategic investments in new business models offers a further lever for increased growth without neglecting your main lines of business. In general terms, the changes in the market situation necessitate an new and holistic appraisal of the energy system, looking ahead to further changes and preparing for them.
To make best use of this wealth of opportunities, you need the proven solutions that Siemens can offer. So these can be precisely adapted to your customers’ specific needs, the experts from Siemens will provide thorough advice, future-oriented strategies and detailed planning. Siemens offers an extensive range of services to optimize resources, a proven Demand Response Management System (DRMS), and a smart approach to reducing non-technical losses (“NTL”) with EnergyIP NTL. Siemens provides solid, comprehensive consulting and analyses to support the development and implementation of strategic refinements to the grid as well as new business models.
Optimizing the cost situation opens up new opportunities to shape the future. Some reference projects are listed below.
Photovoltaics replaces diesel units for reduced CO₂ emissions
Li-ion power storage units optimize PV use
Photovoltaic and battery storage systems help cut costs
Conservation and further improvement to security of supply
Flexible adjustment and expansion options via decentralized automation and control units
Tested alternatives compared to conventional grid expansion reduce investment costs
Modernization of ageing infrastructure and increasing capacity
Smart components ensure safe, cost-efficient operation
Integration of renewables and observance of official requirements
Supply of a 400 km² area in Northern California
Power generation from photovoltaics and biomass, independent from the main grid
Predictive control of the microgrid using Spectrum Power™ 7
Smart meter solution for the detection of non-technical losses
Meter data management system (MDM) based on the smart grid application platform EnergyIP
Reduce operating costs and optimize invoicing
Agility in energy
Achieving the necessary agility in the energy sector requires many components to work perfectly together. Siemens offers the right products, solutions and services in a total of four different fields of action. Use the following links to explore the three others.