ERP Companies in Pakistan, Business Digital Transformation: Smart Power Distribution – The Cornerstone of a Smart City – Supplements

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Today, more than 55% of the world’s population resides in cities and this figure is expected to reach 68% by 2050; That is, two-thirds of the total world population will live in cities over the next three decades, according to the United Nations.

While this dramatic increase in urbanization is in part due to an increase in the overall world population, the hope for a better standard of living is another major pull factor that attracts these masses to mega-cities. However, there are fears that this increased influx into cities could snowball for economic development and resource management, and thus threaten the very basis of this movement – the much-valued quality of life in cities.

With these factors in mind, the demand for rapid urbanization has now become synonymous with a call for the development of smart cities which, unlike the sci-fi utopia it looks like, refers to a framework that aims to use innovative technologies to drive operational efficiency, cost reduction and environmental sustainability for urban residents in all aspects of their lives.

As all of the world’s major cities, including New York, Singapore, London, Toronto and Tokyo, are now gearing up for a second wave of smart city transformation, Pakistan is also starting to join the race with multiple efforts to digitization deployed. at national and provincial level. Steps are being taken to reorganize infrastructure, mobility, security and housing across the country, incorporating technological measures to ensure smart planning and management of resources.

However, the energy sector, considered the cornerstone of a smart city and at the heart of industrial and social growth, seems to be left behind in this dynamic of digital modernization. On the one hand, the global energy industries are striving to turn entirely to renewable sources, while on the other hand, only 4% of Pakistan’s energy mix is ​​made up of renewables, so any chance of climate conservation seems to be a long way off, at least for the foreseeable future.

Maintaining a balance between its basic energy demand and supply is another pressing issue for the country’s energy sector. As the nation grappled with the electricity shortage problem for decades, the last year brought a new and unknown problem: too much generation capacity.

According to a recent Bloomberg report, Pakistan produced surplus electricity last year and is now expected to produce 50% more electricity by 2023. Although this may seem like good news for Pakistanis who are frequently hit. through load shedding and power outages, it is actually quite problematic for the government who has to pay producers for expensive additional electricity even if the production is turned off.

In such situations, smart technologies have an integral and immediate role to play in building a smart energy system for a smart city. The country’s IT industry is booming with innovative digital equipment and solutions that can streamline every process from power generation to distribution, maximizing efficiency and transparency throughout.

Energy finance analyst Simon Nicholas said unreliable grid was the main reason for frequent blackouts in the country despite overcapacity in the sector. With an evolution towards smart energy, the centralized distribution system that places the load on a single entity for generation, transmission and distribution can be replaced by micro-grids which can make energy infrastructure localized and more. resilient. Smart grids are also widely used and allow real-time analysis of customer demand trends, thus helping to narrow the gap between supply and demand.

Currently, the IT world is rich with an almost inexhaustible list of solutions for every problem, from ERPs managing and integrating the functions of basic business processes in a single system for increased efficiency, to cloud computing allowing management of agile and profitable resources. Companies such as SAP are also operating in the local market to provide such solutions. The need, however, is for the government authority to recognize the importance of making a leap towards smart energy practices that can meet the demands of residents of smart cities, ensuring the quality of life it promises.

Commercial copyright recorder, 2022

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