Bold Idea APAC Edition

Participate in the APAC Edition of the Bold Ideas Startup Challenge.

Power & Energy

Jb9cbns2sb6sbt3ewctw
Energy Efficiency

 

8iqv1scqekhvgpaooetj
Power Distribution

8i67kffxsqu4pchfcify
Microgrid

Detail

#1 Improve energy efficiency

By 2050, global energy demand is expected to double. At the same time, to limit global warming, CO2 emissions must be halved.
 
This means that protecting our environment has to involve energy efficiency – in terms of production, transportation and energy consumption.
 
How could you solve this dilemma? Imagine energy efficient solutions for buildings that could do better with fewer resources. See below for different lines of approach:
 
  • Understand how energy is used, identify and prioritize energy savings opportunities, and propose measures to reduce energy consumption;

  • Optimize energy contracts with Utility providers;

  • Actively manage energy consumption to avoid Utility rate penalties;

  • Enable benchmarking of building efficiency.

#2 Better power distribution

Schneider Electric's ambition is to reduce the environmental impact of its products and solutions throughout their entire life cycle, in particular by optimizing their consumption of energy and of natural resources.
 
To achieve this ambition, Schneider Electric wants you to create a new energy model.
 
In today’s digital world, power distribution in buildings is undergoing a fundamental and irreversible change. See below for different lines of approach:
 
  • Increase the productivity of facility operations, reduce the frequency and severity of electrical faults, and increase operational safety using smart alerts;

  • Quickly and accurately diagnose electrical fault conditions to restore power faster;

  • Quickly and accurately determine the root cause of electrical faults and use that information to avoid similar events in the future;

  • Determine the cause, propagation path, and business impact of power quality issues in the electrical distribution system;

  • Automate recovery from electrical faults;

  • Support emergency maintenance actions using AI-based recommendations and procedures.

#3 Help Buildings and Industrial sites to generate their own electricity

Microgrids are the emerging energy ecosystem that can tackle present challenges through a local, interconnected system within clearly defined electrical boundaries, which incorporate loads, distributed generation, battery storage, and control capabilities.
 
Cheaper and greener, they yield massive productivity changes. They are also intermittent and decentralized, involving innovative power system designs to provide optimum performance, ensure system stability and finance asset implementation.
 
Your mission? Design solutions and find new business models based on microgrid technologies. See below for different lines of approach:
 
  • Automate the mix of energy sources used in consumption to minimize energy costs and maximize environmental sustainability;

  • Recommend optimum sizing for solar panels and storage batteries as well as battery voltage setpoints;

  • Maximize the use and yield of onsite solar energy sources using automatic load management. The goal is to improve the return on investment (ROI) of onsite solar energy.

Industry for Plants & Machines

Yo4tiwajr3cuxymruq4o
Operations Efficiency
& Optimization

 

Ityif2ysr2pyrynxbkeq
Asset Reliability Control

R2qzm596q9wizodonyg3
Augmented Workforce

Detail


#1 Operations Efficiency & Optimization

Business Objective :
 
  • Monitor, control and optimize operations to measure the safety, performance, and profitability of operations;

  • Reduce assets’ energy consumption and waste while maintaining optimum operational performance;

  • Improve the end-to-end supply chain for better business responsiveness and agility;

  • Optimize the scheduling of activities with respect to criteria such as cost, deadlines and energy consumption when faced with limitations in terms of processes or resources;

  • Enable our customers to develop innovative services and business models for their customers;

  • Leverage blockchain and smart contracts applications to drive disintermediation of transactions….

Possible enabling technologies:
 
  • Advanced analytics; 

  • AI: Machine/Deep Learning;

  • IoT: Intelligent devices/decision support & decision systems;

  • Sensors: Advanced Sensing/pervasive sensors;

  • Blockchain-based applications.

#2 Asset Reliability Control


Business Objective :

Disrupt and transform the domain of Asset Performance Management by leveraging new technologies to help industrial end-users maximize their return on assets while balancing risk with OPEX.
 
Move from a reactive to a predictive maintenance model to anticipate any issues before they happen, and prescriptive / risk-based maintenance and drive insights and recommendations to operators and maintenance personnel on which actions to take.
 
Imagine Smart Assets – Connected and Intelligent – that can make most decisions about their health and status autonomously.

Possible enabling technologies:

  • Predictive and prescriptive asset management & control;

  • Advanced analytics;

  • AI: Machine/Deep learning;

  • Advanced/pervasive sensing; 

  • IoT.

#3 Augmented Workforce

Business Objective :
 
The augmented workforce is a blend of human employees and technology working on tasks together. By utilizing Mobility, wearables, Augmented reality,  AI, and cognitive technologies, we can help our customers to streamline processes and create a more efficient workforce.
 
Possible enabling technologies:
 
  • Industrial AR / VR / MR;

  • Mobile solutions; 

  • Wearables, gesture control;

  • Robotics.