Power Transmission and Distribution
The way we operate our transmission and distribution networks, centralized bulk production and one way electricity flows from production to consumption, have become obsolete.
Our power networks require the flexibility to integrate new alternative energy sources and demand management. The introduction of IT and digital technologies is influencing the way the system is managed. While “smart grids” offer a solution to many of the current grid and distribution issues, they present economic, technical and logistical hurdles that must be overcome.
A deep understanding of the way power transmission and distribution networks operate and the interaction and integration of new technologies is crucial for the successful integration of the system. In addition, developing the correct regulatory framework and remuneration system is key to incentivize investments. Moreover, smart grids open the door to new market participants from the Information and Communications Technology (ICT) sector. This changing landscape creates vast opportunities for both new players and incumbents alike.
Why choose Ricardo
RSC is able to provide deep understanding of the interaction of market factors, the effect of regulatory changes in the way Transmission & Distribution are operated, the interaction between supply and demand and through leveraging the knowledge, experience and skills of our world class engineering teams, RSC is able to provide a “One Stop Shop” in the area of smart grid, decentralized systems and energy storage. Our technical expertise spans most of the leading storage technologies areas and smart grid integration.
This unique capability allows RSC to give unparalleled strategic insights across the full range of consulting services. Our recent work in this area includes:
- Technical due diligence of a service provider for electric vehicle energy management with infrastructure & in-car hardware products
- Collaboration with several European Utility providers and research institutes to assess the impact of EVs on electricity grids (Mobile Energy Resources in Grids of Electricity - MERGE), an EC Framework 7 funded project)
- Complete design and development of a level 2 Plug in EV Stations (PEP) charging station for electric vehicles (EV) and plug-in electric vehicles (PHEV)
- Various technical due diligences for financial institutions to than help make sound investment decisions on project funding
- Development of technology and drivetrain roadmaps based on latest legislative changes and OEM product portfolio insights
RSC clients in the Power Transmission and Distribution space include utilities, oil & gas companies, automotive OEMs, manufacturing conglomerates, logistics providers and the investment community. RSC works with our clients’ top teams to develop policies and strategies to create value and maximize the opportunities available in the changing energy world.