CHARLOTTE – Duke Energy and Amazon Web Services are teaming up to advance power grid solutions in a move they say will help boost clean energy efforts.
Financial terms of the agreement were not disclosed.
“As part of this agreement, Duke Energy will build new smart grid software and services on AWS and expand its Intelligent Grid Services – a suite of custom-built applications that help the utility anticipate future energy demand and identify where and how to update the power grid. AWS, in turn, will work alongside Duke Energy to build out cloud technologies to support Duke Energy’s grid-planning solutions, so they run faster and more cost effectively,” the companies said in a joint statement
Duke Energy also says AWS will continue to be the primary source fir cloud software development. .
“Our digital evolution is foundational to our clean energy transition,” says Bonnie Titone, senior vice president and chief information officer at Duke Energy. “For example, to accurately simulate future energy needs and plan investments for the grid, we need to run hundreds of millions of power flow calculations – a process that would take weeks using traditional IT hardware. By using cloud technologies that AWS is developing for Duke Energy, we aim to run those same simulations in 15 minutes or less.”
Duke Energy also said utilizing AWS leads to “actionable insights from millions of gigabytes of data at unprecedented scale and speed.”
“Faster, more accurate insights mean Duke Energy is better equipped to build the grid of the future – a smart grid that can withstand extreme weather, handle the growing needs of electric vehicles, and support green technologies, such as rooftop solar and battery energy storage,” the company added.
