Electric Power Industry Needs Urgent Transformation, Huawei's New ICT Empowers Smart Grids

SHENZHEN, China, July 8, 2020 /PRNewswire/ -- Today marked the Seventh Huawei Global Power Summit themed "Bits Drive Watts, Building a Fully Connected Smart Grid". Held online, the summit invited global customers, partners, industry experts, and thought leaders in the electric power industry to discuss the impact and response to this year's pandemic, and political and economic uncertainties. The electric power market continues to represent huge potential while the industry needs to build reliable, cost-effective, efficient, and green power grids with a more efficient and reasonable energy supply.

Seize the Opportunity to Transform the Electric Power Industry

Electric power companies around the world are looking to improve quality and efficiency by deploying data centers and reconstructing management platforms. They aim to provide more reliable, efficient, and green energy while ensuring grid security, and offer more value-added services through the energy Internet to drive social development. However, conventional operational models and technologies fail to support this transformation. As such, the global electric power industry needs to consider how to adapt to new trends; how can grids detect security issues in real time and respond quickly; how can we make better use of clean energy and reduce carbon emissions? How can energy networks match the rapidly expanding charging pile network and achieve efficient management?

To change agents, challenges mean opportunities. "Huawei helps customers cope with these industry challenges and seize future opportunities through digital transformation," said David Sun, Vice President of Huawei Enterprise BG and President of the Global Energy Business Unit.

Huawei seamlessly integrates 5G, IoT, optical, IP, cloud, big data, and AI technologies into power systems. Together with partners, Huawei has launched smart service solutions, such as AI-powered grid inspection and distribution IoT, covering power generation, transmission, transformation, distribution, and consumption. These enable comprehensive sensing, interconnection, and service intelligence of various power terminals.

Mr. Sun also noted that "Huawei looks forward to sharing the digital transformation experience of China's electric power and other industries with more customers, drive watts with bits, and build smart grids to help global electric power companies accelerate development."