The main problem of modern energy isn’t lack of data. On the contrary, there’s too much data. Anyone from the industry will confirm this. The problem is that this data is fragmented, incompatible, collected in different formats, and stored in different systems.
Lack of a unified data exchange standard slows industry development. When you want to integrate a new wind farm into an existing grid, you have to write custom integrations, adapters, converters. This is time, money, and potential errors. The industry is working on creating universal protocols, but for now each manufacturer has its own standards.
Another problem is data quality. A sensor can be incorrectly calibrated, damaged, or simply old. It transmits data, but this data is inaccurate. If the system makes decisions based on wrong data, the result can be catastrophic. So validation systems, verification, cross-referencing data from different sources are needed.
Companies that solve these issues first will gain leadership in the renewable energy market. Whoever creates an open, secure, standardized platform for data exchange in energy will become the industry’s new “operating system.” This is a huge business opportunity and a huge need for the entire industry.
