• M1, M2, M3 and M4 module registration begins at 8:30 onwards between 7th to 10th Oct.
  • |
  • M1, M2, M3 and M4 module registration begins at 8:30 onwards between 7th to 10th Oct.
  • |
  
Innovation & Technology Summit
M1, M2, M3 and M4 module registration begins at 8:30 onwards between 7th to 10th Oct.
Innovation has become an integral part of society. We have seen in the last one decade that Innovations have transformed the society radically in a way which was never dreamt of and modernized our lives to create prosperity and happiness. All the unique and radical breakthroughs so far have been designed and engineered 'innovatively' to provide integrated solutions in the field of electricity, because electricity is the only form of energy driving everything today.
Switch 2016 will be a catalyst to incubate startups and solicit commitments from financial institutions/investors to support these startups.
India is expected to be the fifth largest country in terms of energy consumption by 2025, during times when fossil fuel resources fast depleting. This is further complicated with the threat of global warming due to GHG emissions and an increased carbon footprint due to the burning of fossil fuels. We have no alternative but to rely upon Renewable Energy resources like wind and solar energy and harness them to their fullest extent. But the conversion of RE to electrical energy brings a lot of challenges in grid integration because of its low PLF, variability and uncertainty. Innovations in selection of right technology for Windmill size, control devices for reactive power and harmonics management, thin film photo-voltaic technology etc. will make a difference.
Moreover, forecast mechanisms play a crucial role in anticipating load balancing, ancillary services and energy storage.
Innovations can only be best implemented and put to use through cost effective manufacturing. MSMEs and SSIs must catch-up to the latest state-of-the-art Lean Manufacturing, Production Efficiency and Material Optimization processes for their survival in today's world of global sourcing.
Asset management in any power utility is the answer to long term sustainability and reliable power supply systems. The present electricity grid is huge with many obsolete and aged equipment, thus requiring an integrated asset management system driven by software tools to provide automated decision making in Grid Control, System Operation, Health Indexing, Refurbishment or Replacement, Inventory Control and Investment Prioritisation.
Switch 2016 will have participation from a wide range of stakeholders like manufacturers, utilities, research institutes, academicians, regulators, policy makers, investors, consultants and last but not the least, students to showcase their Innovations. In the process, we will bridge the gap between Research Scholars and Industry to work on issues relevant to Indian Power Industry.
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