How cloud computing is transforming the renewable energy industry

Technology trends are changing the way that industries work and innovate — energy included. The so-called fourth industrial revolution, Industry 4.0, is centered on digitalization and advanced data analytics enabled by cloud computing.

Cloud computing is the delivery of hosted IT services over the Internet. It provides computing power, applications, and data storage from remote computers and data servers using automation and virtualization. By using these remote hosted services, companies can save time and money by reducing the need for in-house computing infrastructure.

In the energy industry, companies can optimize their operations with flexible, scalable cloud-based data services without the need to invest in expensive computing systems.

Let’s look at what sets cloud computing apart from desktop tools and its advantages for energy companies.

How does cloud-based software differ from desktop tools?

Traditional desktop computer software must be installed on each computer station in a company’s IT network. This requires an on-site IT team to manage the installation and keep the software up to date with upgrades and patches, as well as servers to manage the data the software generates. The company also has to pay a licensing fee for each computer or user with access to the software, which can become costly for large teams.

As cloud-based software is hosted remotely, users can simply log in from a web browser. And if there is an app, it can be installed on a computer remotely and updated automatically. Cloud applications can provide fast access to data and automatic backups to remote servers, ensuring the data is saved even if a computer crashes.

Users can also access the data from any device, rather than being tied to a single workstation. This can reduce a company’s IT expenses and make its workforce more agile.

Advantages of cloud computing in renewable energy

Why should cloud computing be on the radar of renewable energy companies? Cloud-based solutions can help companies to become more resilient and competitive in a changing landscape, where sustainability is becoming increasingly important. With the large volumes of data that energy companies generate from their operations, they are well suited to reap the benefits of transitioning from desktop to cloud-based systems.

Cloud-based solutions offer benefits for every part of the energy supply chain, from upstream and midstream to downstream, increasing efficiency while lifting profit margins.

What are some of the ways energy companies can make use of cloud software to generate and store their data?

How are renewable companies using cloud software in 2022

The ability of cloud-based systems to provide real-time monitoring of assets is key for energy companies looking to speed up their operations.

Companies like GE Renewable Energy use custom asset management software that collates data from Internet of Things (IoT) sensors and automatically delivers insights to detect issues, predict failures, and respond quickly with repairs and maintenance.

Cloud-based machine learning algorithms can identify trends and provide insights to determine the best times to schedule maintenance to reduce downtimes and manage inventory, reducing the chances of unexpected outages occurring.

Companies like Billion Electric provide solar cloud solutions that combine smart meters and Internet gateways with cloud software to create intelligent monitoring systems. These can be used to track solar generation and identify problems, ensuring that solar installations operate at the optimum level to maximize generation and increase return on investment.

The benefits of cloud computing - for our company and for the customer

Today, we can mainly distinguish 3 types of cloud computing:

Choosing cloud platforms entails a series of advantages, both for the providers of these platforms and for their clients, among all of which we can highlight four:

What are the risks of cloud computing?

When managing software in the cloud, certain risks must be taken into account that may not be necessarily dependent on how the infrastructure is managed. There is a shared responsibility for security, which is divided into the reliable use of the software and the appropriate use of the cloud.

In order to achieve the highest level of security in SaaS Software, it is essential to follow the good security practices provided by the cloud provider, in addition to the software itself being reliable, by integrating security measures such as having an S- SDLC (Secure Software Development Lifecycle) or a security program whose objective is that the software does not contain vulnerabilities.

The use of the cloud must be appropriate, misuse or misconfiguration of it can expose both the data stored in the cloud and the software itself to be the target of attacks. Normally, cloud providers offer guides that establish the best security practices in the use and configuration of Cloud Computing tools.

The most important points that must be managed to acquire confidence in the security of the cloud are:

RatedPower and Cloud Computing

What happens when a configuration is started in pv Design.

Have you ever wondered what happens when you upload a photo to Instagram or send a WhatsApp?

Starting a simulation in RatedPower is no different. When a user creates a new simulation, all the data entered is divided into very small bundles of information, these bundles travel from your computer to the router that you have installed at home or in the office. The router is in charge of connecting your device to the internet, and of sending that information to the destination server, which can be in the same country, on the same continent, or on the other side of the ocean, in just a few milliseconds.

The bundles with the simulation information travel from the router through fiber optics and network cables to the intermediary servers of your Internet provider, which are connected to other servers through terrestrial and submarine cables of thousands of kilometers in length to joining continents.

World map of submarine cables.

Once the message reaches the destination server, we will analyze the information packets received and send the message to our computational servers, which will be in charge of solving the simulation of the solar plant using our algorithm. Once the simulation is solved, the message will be sent back to the user's device.

How much computational power does RatedPower have?

Our IaaS platform is Amazon Web Services, currently the world leader in cloud computing. Companies like Netflix, Twitch or The Facebook Group spend millions of dollars per month to host their infrastructure on AWS.

In our case, we have the capacity to run hundreds of simulations at the same time, scaling our computing servers based on the needs of our clients and the load on the servers at any given moment. In less than a minute we can go from having only one computational server to having hundreds of them solving simulations in parallel.

Use Rated Power to optimize your solar project

Rated Power is a cloud-based software service that automates the design and engineering process for developing utility-scale solar plants. Contact us to find out how it can optimize your project.