Digital substations have a key role to play in helping grid operators meet their challenges through higher levels of control, responsiveness, cost management and safety. They help boost the flexibility and responsiveness of transmission and distribution grids by capturing and using accurate, real-time data to control grid stability and react quickly to changing grid conditions. As power generation sources become increasingly distributed, intermittent and volatile, achieving the levels of ... Read more
According to Market Research Future, the global digital substation market is anticipated to inflate at 7.5% CAGR at the time of forecast period. It is the industrial development across the globe that has increased digitization in many sectors, thus motivated the market’s growth over the years.