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  • Enhancing System Capabilities to Forecast Load and Distributed Energy Resource (DER) Growth for a Global Utilities Company


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    Enhancing System Capabilities to Forecast Load and Distributed Energy Resource (DER) Growth for a Global Utilities Company

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Overview

Discover how a 135-year-old American utility giant transformed its processes and systems to more accurately forecast load and distributed energy resource (DER) growth to meet the growing demands of its customers. This case study highlights the innovative solutions implemented to enhance system capabilities and achieve significant cost savings.

Solution

LTIMindtree collaborated with the client to overhaul their internal systems and processes, managing and optimizing grid, to help ensure advanced grid preparedness. The solution involved multiple tracks, including:

  • Developing tools and consistent processes for data visibility and tracking.
  • Ensuring all EV load needs were integrated into the planning process.
  • Modernizing system planning tools to integrate forecast data efficiently.
  • Enhancing the data lake and architecture for better data management.
Solution

Benefits

The digitalization solution led to several operational benefits, including:

 

Cost savings of ~$6.5 million per year due to reduced costs and increased margins.

Nearly 40% effort reduction through system upgrades and elimination of manual processes.

Improved analytics of load and DER data through interactive reporting.

Enhanced, automated, and scaled systems for accurate management of load and design requests.

Significant reduction in manual labour hours, resulting in $350,000 savings per year.

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