What changed?
The Impacts and Benefits
Impacts for the Company
The newly developed power flow solver will be seamlessly integrated as a module within the existing Interactive Power System Analysis (IPSA) software, facilitating sophisticated probabilistic modelling of demand and energy generation uncertainties. This advanced solver will enable TNEI to offer probabilistic modelling of uncertainty as a service to network companies, with a particular emphasis on LV network planning. It is expected to attract more customers and generate additional revenue for the company. Beyond its integration with IPSA, this solver will also be incorporated into various TNEI innovation projects, creating a lasting impact across multiple initiatives. In addition to its financial benefits, this tool will address uncertainty challenges associated with renewable energy sources, thereby promoting their integration and contributing to net-zero goals.
Impacts for the Academic Team
The team's efforts are projected to culminate in the publication of at least one journal article and two conference papers, showcasing the innovative approaches to probabilistic modelling. This academic output will enhance the team's reputation in the field, fostering collaboration and knowledge exchange with other researchers. Furthermore, the solver's application in modelling demand and energy generation uncertainties will provide invaluable case studies and data for academic exploration. Its role in advancing TNEI's innovation projects will serve as a foundation for future research initiatives, contributing to a deeper understanding of renewable energy integration and uncertainty management.
Impacts for the KTP Associate
The training provided by the Knowledge Transfer Partnership (KTP) has been invaluable, not only for the success of the project but also for the KTP Associate’s career development. The funding allocated for training and development has been instrumental in shaping both short-term and long-term career plans. Additionally, it has opened new networking opportunities, offering experience in both industry and academia simultaneously. Engaging with real-time data has broadened the associate’s knowledge and enhanced their analytical skills. The collaborative environment at the company, alongside talented colleagues, has deepened associate’s understanding of power system challenges. This experience equips associate for future endeavors in both industry and academia.