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Results for tag: "Virtual Grid"

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The Virtual Grid market is a subset of the electricity industry that focuses on the development of digital technologies to improve the efficiency and reliability of the electricity grid. It includes the use of advanced analytics, artificial intelligence, and machine learning to optimize the operation of the grid. It also includes the development of digital platforms to enable the integration of distributed energy resources, such as solar and wind, into the grid. This market is driven by the need to reduce the cost of electricity, improve grid reliability, and reduce emissions. Companies in the Virtual Grid market include ABB, Siemens, Schneider Electric, GE, and Hitachi. Other companies include Oracle, IBM, Microsoft, and Amazon Web Services. Show Less Read more